PSU NEWS
GSL Pays Dividend For FY 2017 and 2018
Vasco: Goa Shipyard Ltd. has recently paid Interim Dividend of Rs. 58.20 Crore at 100% of the Paid-up Share Capital of the Company during the FY 2017-18. Mr. RAdm Shekhar Mital, Chairman & Managing Director, GSL presented a cheque of Rs. 29.73 Cr (Govt. share) towards the interim dividend for financial year 17-18 & a cheque of Rs. 20.81 Cr (Govt. share) towards the dividend for FY 2016-17, to Smt. Nirmala Sitharaman, Hon’ble Raksha Mantri, Govt of India in presence of Shri Vijayendra JS (NS) & Sanjiv Mittal, FA (Acq) & AS, Ministry of Defence.
Mr. Mital said that “Last year GSL’s VoP has grown by 42% & PBT has grown by 60%. GSL is working hard to repeat the same performance in FY 2017-18 also. Goa Shipyard Ltd is thankful to the Government, its clients, employees and all its business partners for this performance. Goa Shipyard Ltd also paid Interim Dividend 2017-18 of Rs. 27.48 Cr to Mazgaon Dock Shipbuilders Ltd. This makes a total dividend payment of Rs. 46.72 Cr to Mazgaon Dock Shipbuilders Ltd by Goa Shipyard Ltd in last six months”.
News Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project