FAGMIL pays dividend of Rs 12.84 crore to Govt 
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FAGMIL pays a dividend of Rs 12.84 crore to Govt

FCI Aravali Gypsum & Minerals India Limited (FAGMIL) has paid a dividend of Rs 12.84 crore to the Union Minister of Chemical & Fertilizers Jagat Prakash Nadda

PSU Watch Bureau

New Delhi: FCI Aravali Gypsum & Minerals India Limited (FAGMIL), a PSU under the Ministry of Chemicals & Fertilizers, on Friday announced the payment of a dividend of Rs 12.84 crore to the Government. FAGMIL's Chairman & Managing Director (CMD) Brigadier Amar Singh Rathore presented a dividend cheque of Rs 12,84,00,000 to the Minister of Chemical & Fertilizers and Health & Family Welfare, Shri Jagat Prakash Nadda.

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The Union Minister appreciated the results achieved by the company. The Minister also expressed the hope that the company will grow exponentially and contribute to the growth of the economy and generate higher dividends in coming years. On this occasion, the CMD informed the Minister that the company is in the process of diversifying into mineral exploration and mining of minerals other than Gypsum.

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