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MOU signed between Department of Defence Production and MIDHANI

Capital Market 

Mishra Dhatu Nigam Limited (MIDHANI), a miniratna, Schedule 'B' Defence Public Sector Undertaking under the Department of Defence Production, signed Memorandum of Understanding (MoU) for the financial year 2017-18 with the Ministry. The annual MoU was signed by Secretary (Defence Production) Shri Ashok Kumar Gupta on behalf of the Ministry and Chairman and Managing Director, MIDHANI Dr. D K Likhi.

The MoU outlines targets and various performance parameters for the company. The from operations as per the MoU has been targeted at ? 780 crore which is significant improvement over the previous years.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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