💨 Abstract
The Indian government has issued revised guidelines for Central Public Sector Enterprises (CPSEs) to ensure consistent returns for shareholders. CPSEs will now pay a minimum annual dividend of 30% of their profit after tax or 4% of their net worth. The guidelines also introduce measures for share buybacks, bonus shares, and performance indicators to maximize returns and enhance resource efficiency.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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