REIL Pays Highest Dividend

NEW DELHI: Shri A.K. Jain, MD Rajasthan Electronics & Instruments Limited, Jaipur handed over the Dividend payment of Rs.2.50 Crore to Shri Anant G. Geete,  UNION  Minister of Heavy Industries & Public Enterprises, in the presence of Dr. Asha Ram Sihag, Secretary Heavy Industry , Shri Bhaskar Jyoti Mahanta, Joint Secretary and other officials. 

 

This is first time REIL has paid dividend directly to GoI which is highest ever @ 48.16% on its equity share capital for the year 2016-17. While acknowledging the work being done by REIL, significantly contributing to National missions, Shri Geete  emphasized that REIL should closely work in synergy with “Make in India” mission of the Government and further align their activities with to make India a global manufacturing hub. He has directed REIL to focus on diversification in food sector and businesses in overseas market as country offers unlimited growth potential

 

Shri A.K. Jain, Managing Director, REIL assured the Hon'ble Minister and Secretary for new diversification and said that REIL in line with commitment of “Make in India” has enhanced manufacturing base.