https://www.taxtmi.com/news?id=2101 SPMCIL, wholly owned by the Government of India, presented its maiden dividend to the Union Government following increased sales, PBDIT and net profit in 2010-11 and growth in reserves. The release links the dividend to operational measures-manpower reduction, ISO certifications, ERP/SAP rollout-and financial actions, including substantial repayment of working capital borrowing and a target of becoming debt free, alongside a multi year modernization plan to secure domestic production of critical currency and security inputs. en-us Wed, 10 Aug 2011 18:47:44 +0530 Wed, 10 Aug 2011 18:47:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2101 SPMCIL, wholly owned by the Government of India, presented its maiden dividend to the Union Government following increased sales, PBDIT and net profit in 2010-11 and growth in reserves. The release links the dividend to operational measures-manpower reduction, ISO certifications, ERP/SAP rollout-and financial actions, including substantial repayment of working capital borrowing and a target of becoming debt free, alongside a multi year modernization plan to secure domestic production of critical currency and security inputs. News - Wed, 10 Aug 2011 18:47:44 +0530 https://www.taxtmi.com/news?id=2101