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FACT pays dividend to GoI after 26 years

After a gap of 26 years, the Fertilizer and Chemicals Travancore Limited (FACT) has paid a dividend of Rs 58 crore to the Government of India. Notably, the net worth of FACT led by Kishore Rungta as CMD became positive and accumulated loss totally wiped out.

By Whispers in the Corridors 1 min read
FACT pays dividend to GoI after 26 years

After a gap of 26 years, the Fertilizer and Chemicals Travancore Limited (FACT) has paid a dividend of Rs 58 crore to the Government of India. Notably, the net worth of FACT led by Kishore Rungta as CMD became positive and accumulated loss totally wiped out.

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