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  • Board of Directors of Delhi Cooperative Housing Finance Corporation Ltd. (DCHFC) in its assembly which ...

Board of Directors of Delhi Cooperative Housing Finance Corporation Ltd. (DCHFC) in its assembly which was held on 02.12.2021 has endorsed a dividend of @ 12% for the economic 12 months 2020-2021.

The Corporation is paying dividend regularly @12% for the remaining numerous years, after charge of dividend for the economic year 2020-2021.

  • By TNB Bureau
  • - Dec 07, 2021 10:46 PM
  • Share:
Board of Directors of Delhi Cooperative Housing Finance Corporation Ltd. (DCHFC) in its assembly which was held on 02.12.2021 has endorsed a dividend of @ 12% for the economic 12 months 2020-2021.

The Corporation is paying dividend regularly @12% for the remaining numerous years, after charge of dividend for the economic year 2020-2021 cumulative quantity paid to Government as Dividend can be Rs. 106.44 Crores in opposition to the Share capital amounting to Rs. 30.26 crores subscribed with the aid of using the Government. Turnover of the Corporation became Rs112.97crores and has were given operating capital of 622.33 crores. The Meeting of Board of Directors have been attended with the aid of using Shri Rajesh Goyal, Chairman, DCHFC Ms. R.Alice Vaz, IAS Managing Director, DCHFC Shri Devesh Singh, IAS Registrar Cooperative Societies, Director, DCHFC, Shri C. Arvind, General Manager, DCHFC except different directors. For the Financial year 2020-2021. The Corporation has earned earnings of Rs. 44.02 crores despite the truth that price of hobby on Loans and Bank Deposit has decreased substantially. Moreover at some stage in the stated economic year DCHFC has prolonged the financial gain scheme for ex-gratia charge of distinction among compound and easy hobby for 6 months at some stage in the lockdown length from 01.03.2020 to 31.08.2020. DCHFC is imparting domestic loans upto Rs. Five Crores issue to fee of the property, margin money, compensation potential etc. at maximum aggressive price of hobby.

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