WAPCOS CMD R K Gupta presented at a function on September 26 to Union Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari with a dividend cheque of Rs. 42.13 crore and bonus shares worth Rs. 30 crore. The Dividend of Rs.42.13 Crore (Inclusive of Dividend Tax) is the highest ever paid by the Company to the government since its inception.
With the issue of Bonus Shares of Rs.30 Crore the Company's Paid-up Capital has increased by 32.5 times (from Rs.2 Crore to Rs.65 Crore), during the last seven years.
Speaking on the occasion, Gadkari said: "I have been particularly impressed with the Company's pursuit of the Government's goal of partnering with our friends in developing countries to build up their capacities through projects supported by India".
The minister also released a book titled "WAPCOS Discovering New Horizons" which documents company's growth journey since its inception, USPs, important projects, key achievements and recognition/accolades received at National/International Forums on the occasion. The Minister also released a Technical Journal "WAPTECH" featuring Technical Articles/Papers in the areas of Water Resources, Power and Infrastructure Development authored by WAPCOS' personnel on the basis of their experience and lessons learnt, for sharing of knowledge among fellow engineers and scientists.
Union Ministers of State for Water Resources, River Development and Ganga Rejuvenation Dr. Satya Pal Singh and Arjun Meghwal, Union Water Resources Secretary Dr. Amarjit Singh and CMD of WAPCOS R K Gupta also addressed the function.
Readers' Choice
FIR lodged against ex-Rera chief Baldi on former CS Gupta’s complaint
L K Atheeq appointed Financial Advisor to Karnataka CM; T G Nath Add CS
Former Himachal Pradesh CS Appointed Chairperson of PSERC
K K Pant gets additional charge of Himachal Chief Secretary
Five names under consideration; K K Pant ahead in the race for Himachal CS
WAPCOS Pays Highest ever dividend of Rs. 42 Crore
By IndianMandarins - 2017-09-27 09:30:27
WAPCOS CMD R K Gupta presented at a function on September 26 to Union Water Resources, River Development and Ganga Rejuvenation Minister Nitin Gadkari with a dividend cheque of Rs. 42.13 crore and bonus shares worth Rs. 30 crore. The Dividend of Rs.42.13 Crore (Inclusive of Dividend Tax) is the highest ever paid by the Company to the government since its inception.
With the issue of Bonus Shares of Rs.30 Crore the Company's Paid-up Capital has increased by 32.5 times (from Rs.2 Crore to Rs.65 Crore), during the last seven years.
Speaking on the occasion, Gadkari said: "I have been particularly impressed with the Company's pursuit of the Government's goal of partnering with our friends in developing countries to build up their capacities through projects supported by India".
The minister also released a book titled "WAPCOS Discovering New Horizons" which documents company's growth journey since its inception, USPs, important projects, key achievements and recognition/accolades received at National/International Forums on the occasion. The Minister also released a Technical Journal "WAPTECH" featuring Technical Articles/Papers in the areas of Water Resources, Power and Infrastructure Development authored by WAPCOS' personnel on the basis of their experience and lessons learnt, for sharing of knowledge among fellow engineers and scientists.
Union Ministers of State for Water Resources, River Development and Ganga Rejuvenation Dr. Satya Pal Singh and Arjun Meghwal, Union Water Resources Secretary Dr. Amarjit Singh and CMD of WAPCOS R K Gupta also addressed the function.
