BRO's Project Deepak celebrates 66th Raising Day (See 'Corp Brief') IPR - Appellant is a portal that reproduces university rankings & information available in public domain without alteration, editorial bias, or disparaging commentary - no interim injunction: HC (See 'Legal Desk') Capital Market - If allegation of insider trading under SEBI (PIT) Regulations, 2015 failed entirely, there is no contravention of SEBI Act: SAT (See 'Legal Desk') India witnesses Historic Expansion in Social Security: Mandaviya (See 'Corp Brief') Health Ministry releases RBSK 2.0 Guidelines at National Summit on Best Practices (See 'Corp Brief') NHAI successfully launches India's first Multi-Lane Free Flow Tolling System (See 'Corp Brief') IBC - Since MPID Act falls within State legislative field and attachment mechanism under MPID Act, especially where property already stands attached and vested in State, cannot be overridden by invoking Sec 238 or Sec 96 of IBC: HC (See 'Legal Desk') Goyal congratulates IIFT on 63rd Foundation Day (See 'Corp Brief') Outreach workshop on Atmanirbhar Panchayat Programme held at NIRD&PR, Hyderabad (See 'Corp Brief') Hyderabad should emerge as Global Hub for Yoga and Wellness: Reddy (See 'Corp Brief') IBC - If CIRP period expires without approved resolution plan, separate CoC resolution approving liquidation by 66% voting share is not required for Adjudicating Authority to order liquidation u/s 33(1)(a): NCLAT (See 'Legal Desk') Reining in Misuse of IBC for Recovery (See CORP EINSICHT)

Print

MDL pays interim dividend of Rs 92.56Cr for FY21

Published: Mar 04, 2021

By TIOLCORPLAWS News Service

NEW DELHI, MAR 04, 2021: DEFENCE Public Sector Undertaking (PSU) Mazagon Dock Shipbuilders Limited (MDL) handed over a dividend cheque of Rs. 92.56 crore for 2020-21 to Defence Minister Mr Rajnath Singh on Wednesday.

MDL, India's leading warships and submarine builder, has paid a total dividend of Rs. 138.73 crore to the government in the ongoing financial year, including the final dividend of Rs. 46.17 crore for 2019-20.

The company has declared interim dividend of Rs. 109.11 crore at 54.10 per cent of equity capital for FY 2020-21, government share being 84.83 per cent.

MDL Chairman and Managing Director Mr Narayan Prasad also briefed the Defence Minister about the delivery of the third Scorpene submarine Karanj that will be commissioned on March 10, and about the sea trials of the first ship, Visakhapatnam, of Project P-15B which is due for delivery later this year.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.