|
Hindustan Diamond Company Pvt. Ltd. (HDC) has presented a dividend cheque of Rs. 98 lakhs to the Government of India for the financial year 2003-04. The Chairman & Managing Director of HDC, Shri V. Madhavan Nair, handed over the cheque to Shri Kamal Nath, Union Minister of Commerce and Industry, here today. Government of India holds 50% shares in the company.
HDC, the largest supplier of rough diamonds to small and medium manufacturers and exporters of polished diamonds in India, has registered a record turnover of Rs. 1,028 crore in 2003-04, an increase of 7% over the previous year. The company has declared a dividend of 35% to its shareholders for the financial year 2003-04.
|
