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OSBC Pays Dividend To State

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Bhubaneswar : Odisha State Beverages Corporation (OSBC), a State owned Public Sector Undertaking paid its dividend to the State Government today.

Chief Secretary Suresh Chandra Mohapatra received the a cheque of Rs. Rs.7,58,01,326.00 from the Principal Secretary Excise and Chairman OSBC S.K. Lohani in Lokseba Bhawan.

Development Commissioner Pradeep Kumar Jena and Principal Secretary Finance  Ashok Kumar Meena were present on the occasion.

Principal Secretary Mr.Lohani said, “As per the decisions of the Annual General Meeting of the Corporation, we have paid this amount to Government towards dividend for the year 2019-20”. 

He added, “apart from this amount, the OSBC has also donated Rs.15 crore to the Chief Ministers’ Relief Fund; and, Rs.1.43 crore to the Health & Family Welfare Department for purchase of the ambulances with advanced life support system and technology during the year”.

Managing Director OSBCL Saroj Kumar Sethi present on the occasion said, “OSBCC in its fight against ongoing pandemic of Covid-19 has distributed sanitizer and masks to the differently-abled persons and transgender communities during the current year”. 

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