Defence Minister Rajnath Singh today received an interim dividend cheque of Rs. 92.56 crore from Defence Public Sector Undertaking, Mazagon Dock Shipbuilders Limited MDL in New Delhi.&nbsp;<br />''<br />''Chairman and Managing Director of MDL Vice Admiral Narayan Prasad (Retd) handed over the cheque to Mr Singh in the presence of Secretary Defence Production Raj Kumar.<br />''<br />''With this, MDL has paid a total dividend of 138.73 crore rupees to the Government of India during Financial Year 2020-21 including final dividend of&nbsp; 46.17 crore rupees for Financial Year 2019-20.&nbsp;<br />''<br />''The company has declared interim dividend of 109.11 crore rupees @ 54.10 per cent of equity capital for Financial Year 2020-21, Government share being 84.83 per cent.<br />''<br />''<span style="color: #222222;">The CMD of MDL briefed the Minister about the delivery of 3rd Scorpene submarine Karanj, due for commissioning on 10th of this month and commencement of sea trials of first ship Visakhapatnam of Project P-15B which is due for delivery later this year.</span><br />
News On AIR | March 3, 2021 7:04 PM
Defence Minister Rajnath Singh receives interim dividend cheque of Rs. 92.56 crore from DPSU Mazagon Dock Shipbuilders Ltd