Release id: 07/ 2012

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01 November 2012  

REIL paid dividend of Rs. 1.07 crore to Instrumentation Limited, Kota.

 

A.K. Jain, MD REIL handed over the Dividend payment of Rs.1.07 Crore to CMD, Instrumentation Ltd., Kota (Holding company) in the gracious presence of Hon’ble Minister of Heavy Industries & Public Enterprises and S. Sundareshan, Secretary, Department of Heavy Industry. Ambuj Sharma, Joint Secretary and R.K. Singh, Joint Secretary were also present on the occasion. This is an all time high dividend payout by REIL.

 

Minister of Heavy Industries & Public Enterprises emphasized that PSUs in the Ministry should work in synergy and try to get maximum stake in the industry. He further said that BHEL and REIL should collectively play their role in Solar Photovoltaic (SPV) business.

 

A.K.Jain Managing Director, REIL, said that REIL has emerged as the largest off-grid SPV solution provider in the country, while retaining its primacy in Dairy Sector. The company has achieved an all time high top line and bottom line. He thanked the Ministry of Heavy Industry, Govt. of India and Govt. of Rajasthan for their support and guidance.