SK Acharya, Chairman, NLC India said they have not yet got any formal guideline on divestment but it is likely to happen in 2-3 months through the offer for sale (OFS) route.
"The total dividend payout including (distribution of taxes) for 2014-15 amounts to Rs 566.70 crore. Taking into account the interim dividend of Rs 271.79 crore paid in March 2015, the dividend paid to government for 2014-15 was Rs 422.79 crore", the company said in a statement.