HSCC PAYS 72% DIVIDEND

 Shri Gulam Nabi Azad, Hon’ble Minister for Health & Family Welfare receives  dividend cheque of Rs.17.28 million from HSCC.

HSCC, a Mini Ratna Public Sector Company under Ministry of Health and Family Welfare, specializing in Design Engineering and Project Management of Healthcare and Infrastructure in India and abroad, presented the dividend cheque of Rs. 17.28 million for the  year 2010-11 to the Hon’ble Minister for Health & Family Welfare, Shri Ghulam Nabi Azad.

The above dividend cheque was presented by Shri V.C. Sharma, Chairman & Managing Director, HSCC, in the presence of Shri Anil Kumar, Secretary (Health & Family Welfare), Dr. R. K. Srivastva, DGHS, Shri P. K. Pradhan, Special Secretary, along with its Board of Directors,  Ms. Dharitri Panda, Chief Controller of Accounts of the Ministry of Health & F.W and Shri Gyanesh Pandey, Director (Engineering) of HSCC, Shri A. K. Aggarwal, Executive Director, HSCC.

The Board of Directors had recommended a dividend of 72% of paid-up capital, amounting to Rs. 17.28 million for the year 2010-11, same as that of last year.  With this the cumulative dividend, since HSCC’s inception, stands at Rs.229 million.  It has been continuously making profit for the last twenty six years and paying dividend.  HSCC has earned the distinction of maintaining its Mini Ratna status from September 1999 onwards.  Company’s Reserves & Surplus and Net Worth touched an all time high of Rs.763 million and Rs.787 million respectively. 

HSCC has completed many prestigious projects recently like Sports Injury Centre at New Delhi, Expansion of  Sanjay Gandhi Post Graduate Institute at Lucknow, U.P. Nizam Institute of Medical Sciences, Hyderabad under Pradhan Mantri Swasthya Suraksha Yojana.

HSCC is also currently implementing many important  projects such as :

-         Master Plan & Renovation of OPD, Car Parking, Facilitation Block and Associated Blocks at AIIMS, New Delhi

-         Comprehensive Re-development Plan for Lady Hardinge Medical College, New Delhi

-         Upgradation of Lokpriya Gopinath Bordoloi Regional Institute of Mental Health, Tezpur

-         All India Ayurveda Institute at Sarita Vihar, New Delhi

-         Setting up  of Hospital at Dicoya in Srilank-       Expansion of Regional Institute of  Medical Sciences at Imphal   

-    Upgradation/setting up of more than 40 Hospitals in the State of Punjab

-    Detailed Project Report of Chittaranjan National Cancer Institute, Kolkata