Annual General Meeting of Numaligarh Refinery Limited held through web conference

The 27th Annual General Meeting of Numaligarh Refinery Limited was held on Monday through online web conference
Annual General Meeting of Numaligarh Refinery Limited held through web conference

GUWAHATI: The 27th Annual General Meeting of Numaligarh Refinery Limited was held on Monday through online web conference, keeping in view the current pandemic of COVID-19. The meeting was presided over by D. Rajkumar, Chairman and Managing Director-Bharat Petroleum Corporation Limited (BPCL) and Chairman-NRL and was attended by S K Barua, Managing Director NRL, other members of the NRL Board and shareholders of the company, stated a press release.

The annual dividend paid by the company remained at 150% i.e Rs 15/share which was already disbursed as Interim dividend in February 2020. The financial year 2019-20 ended on an optimistic note, leveraging on the best of circumstances. Though giant steps to secure the company's future was the highlight of the year, unanticipated bottlenecks and unprecedented volatilities affected bottom lines. Commenting on the present circumstances, Chairman D Rajkumar said, "The last few months have been tough with most of our efforts focussed on adapting to the changing circumstances that have unfolded in the wake of the COVID-19 pandemic. On the positive side, the crisis has thrust upon us opportunities to break free from the conventional ways in which we have been carrying out our business and also to explore other possibilities to stay current and relevant."

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