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WAPCOS Celebrates 50th Foundation Day

Jul 6th, 2018 12:05 pm | By | Category: LATEST NEWS

WAPCOS Celebrates 50th Foundation Day
(THE NEWSMAN OF INDIA.COM)
On the occasion of 50th Foundation Day of WAPCOS,Nitin Gadkari, Union Minister (Water Resources, River Development, Ganga Rejuvenation, Road Transport,Highways and Shipping) receiving Dividend plus Dividend Tax of Rs.50 Crore for the year 2017-2018 from R.K. Gupta, CMD, WAPCOS,in the presence of Arjun Ram Meghwal,Minister of State; Dr. Satya Pal Singh,Minister of State and Ministers/Dignitaries from several Countries. Ministers, Ambassadors and Leaders of Delegations from 23 Countries presented commendation certificates to Gadkari for the contribution made by WAPCOS by developing projects and touching lives of the people in these countries. The visiting delegations conveyed gratitude to the Government of India for partnering in socio-economic in their countries through WAPCOS. The Company has successfully completed/on-going consultancy assignments in countries covering Asia, Africa, Middle East, and the Pacific Islands and is operating in more than 45 Countries, at present.WAPCOS has achieved the highest ever gross income of Rs 1110 crore during the year 2017-18. With the issuance of Bonus Shares of Rs. 35 crore, the Company’s paid up Capital has increased by 50 times during the last 8 years. The company’s profitability has touched Rs.180 Crore in 2017-18.

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