The Minister of Railways Shri D.V.Sadananda Gowda received a cheque of `Rs. 19.60 crore as an interim dividend of 20% for the financial year 2014-15 from Shri D P Pande, Member Traffic, Railway Board and Chairman, Pipava Railway Corporation Limited (PRCL), here today. Shri Arunendra Kumar, Chairman, Railway Board, and Shri Amitabh Lal, Managing Director, PRCL was also present among others on the occasion.
It was a proud moment for the Company, which is the first flagship Joint Venture Company of Ministry of Railways and Gujarat Pipavav Port Limited (GPPL), under Public Private Partnership (PPP) in Railway Infrastructure. The interim dividend for the current FY 2014-15 was approved by the shareholders in their meeting held on 24th September 2014.