Port Blair, Aug 30: The Andaman and Nicobar Islands Integrated Development Corporation Limited (ANIIDCO) has recorded its highest ever turnover of Rs. 465.54 crores and highest level of Net Profit of Rs. 34.86 crores during the Financial Year 2022-2023. The Board of Directors of ANIIDCO Ltd. in its 163rd Board Meeting held today, has recommended for the declaration of dividend @ 30% of net profit after tax amounting to a record amount of Rs. 10.46 crores for the Financial Year 2022-2023 against the previous year’s figure of Rs. 7.15 crores.
The declared dividend would be paid to the Industries Department, Fisheries Department & Animal Husbandry Department, who are holding 73%, 24% & 3% Equity Shares in ANIIDCO Ltd. respectively, after approval in the Annual General Meeting of the Corporation.
ANIIDCO Ltd. remains committed to the sustainable development and economic progress of the Islands.