Cochin International Airport limited has handed over the dividend of Rs.17.76 crores for the fiscal 2013-14 to the Kerala Government. At a function held at Govt.Secretariat, Trivandrum, Hon.Minister Sri.K.Babu, who is also one of the directors of CIAL has handed over the demand draft to Hon.Chief Minister Sri.OOmmeen Chandy. CIAL managing Director Sri.V.J.Kurina IAS, company secretary Sri.Saji K.George and Manager (PR & CC) Sri.P.S.Jayan were also present at the function.
CIAL annual general body had earlier declared 18% divident to its stake holders. With this the total paid up dividend since 2003-04 has stood at 132 %. The Govt.of Kerala is holding a shares of 32.24%.
pic: Hon.Chief Minister Sri.Oommen Chandy recieves demand draft of Rs. 17.76 crores from Hon.Minister Sri.K.Babu . CIAL managing director Sri.V.J.Kurian IAS, company secretary Sri.Saji K.George are also seen.