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Tag: DIPAM

DIPAM gives nod for NLC’s arm listing; ₹4,000 crore IPO in FY27

Posted on April 30, 2026 By admin
DIPAM gives nod for NLC’s arm listing; ₹4,000 crore IPO in FY27

NLCIL operates a renewable energy portfolio of 1.4 GW and these assets will be transferred to NIRL to consolidate green energy initiatives under a unified platform. | Photo Credit: KUMAR SS The Department of Investment and Public Asset Management (DIPAM) has given the green light for listing of Neyveli Lignite Corp India’s (NLC India) renewable…

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DIPAM issues revised capital restructuring norms for CPSEs

Posted on November 18, 2024 By admin
DIPAM issues revised capital restructuring norms for CPSEs

The Finance Ministry on Monday came out with revised guidelines for capital restructuring by CPSEs, mandating them to pay a minimum of 30% of net profit or 4% of the net worth, whichever is higher as an annual dividend. As per the guidelines issued by the Department of Investment and Capital Asset Management (DIPAM), financial…

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