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FEDERATION HANDED OVER DIVIDEND CHEQUE

Panaji: March 27, 2018

Chaitra 6, 1940

 

            The Goa State Co-Operative Housing Finance and Federation Ltd  handed over dividend cheque for Rs. 10,99,760/-  and Rs.8,28,500/- towards refund of Government  Share Capital to Shri W.V. R. Murthy, Secretary Cooperation by the Registrar, of Coop. Societies along with Chairman CA.R.K.Pikale and other Directors of the Federation.

 

             The Federation has declared 8% dividend to its share holders for the financial year 2016-17 at the AGM held on August 6, 2017. The Federation has so far paid to the Government an amount of Rs.3.82 Crores by way of dividend on Government share holding in the Federation. Government had invested Rs.3.34 Crores as share capital out of which Rs.2.12 Crores has been refunded over the years in addition to dividend of Rs.3.82 crores. So far we paid to government Rs.5.94 Crores.

 

            The Federation is managed by elected Board of Directors headed by CA. R.K Pikale as Chairman and Shri Surendra M. Sinari as Vice Chairman.  

 

DI/NB/TSS/JA/PP/AN/2018/1720

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