Midhani presents dividend cheque to Manohar

Midhani CMD Dr DK Likhi, along with directors, handed over dividend cheque for Rs 35.41 crores to Defence Minister Manohar Parikar on January 25. This is the fifth consecutive year when the company has paid full dividend to the Union Government as per guidelines and 13th successive year for payment of dividend. The cumulative dividend paid is more than its equity base. Till now, Midhani has paid Rs 238.52 crores as against its equity capital of Rs 187.34 crores.

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