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Gadkari handed over Rs 50 crore dividend by WAPCOS CMD

By IndianMandarins- 06 Jul 2018
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On the occasion of 50th foundation day of WAPCOS, Union Minister for Water Resources, River Development, Ganga Rejuvenation and Shipping Nitin Gadkari was handed over dividend of Rs 50 Crore for the year 2017-2018 from CMD WAPCOS R K Gupta.

 

Minister of state Arjun Ram Meghwal, Dr. Satya Pal Singh and dignitaries from several countries were also present. Ministers, ambassadors and leaders of delegations from 23 countries presented commendation certificates to Gadkari for the contribution made by WAPCOS by developing projects and touching the lives of many people in these countries.

 

WAPCOS has achieved the highest ever gross income of Rs 1110 crore during the year 2017-18. With the issuance of Bonus Shares of Rs. 35 crores, the Company's paid up Capital has increased by 50 times during the last 8 years. The company's profitability has touched Rs.180 crore in 2017-18.

 

The company has successfully accomplished several consultancy assignments in countries covering Asia, Africa, the Middle East, and the Pacific Islands and is operating in more than 45 Countries at present.

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