Ad

Mini Ratna Pawan Hans Gives Rs 39584735 Dividend To Civil Aviation Minister

[New Delhi]Mini Ratna Pawan Hans Gives Rs 39584735 Dividend To Civil Aviation Minister
The Minister for Civil Aviation Shri P. Ashok Gajapathi Raju received a cheque of Rs.3,95,84,735/- from Dr. B.P. Sharma, Chief Managing Director, Pawan Hans Ltd, as dividend for the year 2014-15. Shri R.N. Choubey, Secretary, Civil Aviation and other senior officials of the Ministry of Civil Aviation and Pawan Hans were also present on the occasion.
Pawan Hans has declared a dividend of Rs. 7.76 crores for the financial year 2014-15. A cheque of Rs. 3, 80, 15,265 has also been paid to ONGC as being 49% shareholder of PHL.
Pawan Hans is a Mini Ratna-I category PSU and is India’s largest helicopter operator as also one of the Asia’s biggest operators.
Pawan Hans provides helicopter support with 10 helicopters for offshore operation of ONGC. The Company provides helicopter services to State Governments of Meghalaya, Mizoram, Maharashtra, Tripura, Assam, Sikkim, Odisha, Himachal Pradesh, Arunachal Pradesh, Ministry of Home Affairs, Administration of Andaman & Nicobar Islands and Lakshadweep Islands.
Photo Caption
The Union Minister for Civil Aviation, Shri Ashok Gajapathi Raju Pusapati being presented a dividend cheque by the CMD, Pawan Hans Ltd., Dr. B. P. Sharma, in New Delhi on January 21, 2016.
The Secretary, Ministry of Civil Aviation, Shri R.N. Choubey is also seen.