💨 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 🤖

Powered by MessengerX.io