All Exams Test series for 1 year @ ₹349 only
Question

In April 2025, which Government of India enterprise declared its first-ever dividend of $1.42$ crore for the 2023-24 fiscal year, since its inception in 2011?

The correct answer is
Agrinnovate India Limited

Agrinnovate India Limited Declares First Dividend

The question asks to identify a Government of India enterprise that, since its inception in 2011, declared its first-ever dividend in April 2025 for the 2023-24 fiscal year. The dividend amount was specified as $1.42$ crore.

Key Details of the Dividend Declaration

  • Company: Agrinnovate India Limited
  • Event: Declaration of its first-ever dividend.
  • Announcement Date: April 2025.
  • Financial Period: Fiscal Year 2023-24.
  • Dividend Amount: $1.42$ crore.
  • Inception Year: 2011.

Understanding the Milestone

Agrinnovate India Limited is a Government of India enterprise established in 2011. In April 2025, the company achieved a significant financial milestone by announcing its inaugural dividend payment. This dividend is specifically for the performance during the 2023-24 fiscal year. The amount declared signifies the company's successful financial operations and its move towards profit distribution since its founding.

This event marks an important step for Agrinnovate India Limited, showcasing its growth and financial maturity over the years.

Was this answer helpful?

Important Questions from Initiatives by Government

  1. The Gadgil Formula for determining the allocation of central assistance for state plans in India was introduced in

  2. How many national five year plans have been introduced so far?

  3. Which of the following was the focus area for the Second Five Year Plan

  4. The Ninth Five Year Plan was implemented in the country in which one of the following years?

  5. At which of the following places was an iron and steel factory not started during the Second Five Year Plan?

    A. Rourkela (Orissa)

    B. Bhilai (Chhattisgarh)

    C. Durgapur (West Bengal)

    D. Bokaro (Jharkhand)

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App