BPCL hands over dividend cheque to GoK
21 Sep 2015 | BPCL
Bharat Petroleum Corporation Limited presented the Cheque for Rs.1399.99 lakhs to the Government of Kerala being the Dividend for the financial year ended 31 March 2015.
Mr. S Varadarajan, Chairman & Managing Director, BPCL handed over the cheque to Mr. Oommen Chandy, Hon’ble Chief Minister of Kerala in Thiruvanathapuram on 16 September 2015 in the presence of Mr. PK Kunhalikutty, Hon’ble Minister for Industries & IT, Mr. KM Mani, Hon’ble Minister for Finance, Law & Housing, Mr. K Babu, Hon'ble Minister for Fisheries, Excise & Ports, Mr. Jiji Thomson, Chief Secretary and Mr. PH Kurian IAS, Secretary (Industries), Govt. of Kerala.
Senior executives of BPCL Mr Prasad K Panicker, Executive Director (Kochi Refinery), Mr R P Natekar, Executive Director (Industrial & Commercial) and Mr M M Somaya, Executive Director (Aviation) were also present.
At the 62nd Annual General Meeting of the company held on September 9, 2015, the shareholders approved the payment of dividend at the rate of Rs 22.50 per equity share of Rs 10 each for the financial year ended March 31, 2015. The Government of Kerala holds about 62,22,222 shares of Rs 10 each in BPCL, representing 0.86% of the paid up share capital of the Company.