Chief Minister Dr. Mohan Yadav received a dividend cheque of ₹16 crore 74 lakh 2 thousand from the Madhya Pradesh State Forest Development Corporation at the Chief Minister’s residence on Monday. This is the highest dividend paid by the Corporation to date. The dividend has been calculated at ₹44.13 per share on the State Government’s contribution.
Corporation Chairman Shri Ramniwas Rawat presented the cheque to Chief Minister Dr. Yadav. Corporation Vice-Chairman Shri Ram Mohan Singh Baghel and Principal Secretary, Forests, Shri Raghavendra Singh were also present.
Chief Minister Dr. Yadav congratulated Corporation Chairman Shri Rawat, Vice-Chairman Shri Baghel, Principal Secretary, Forests, Shri Singh, Principal Chief Conservator of Forests and Head of Forest Force Shri Shubhranjan Sen, and the Managing Director of the Madhya Pradesh Forest Development Corporation for the Corporation’s development-oriented activities.
The Madhya Pradesh State Forest Development Corporation will pay a dividend of ₹61 lakh 17 thousand to the Government of India on its contribution, at the rate of ₹44.13 per share.
