HSCL – newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Thu, 20 Aug 2026 11:16:17 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png HSCL – newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in 32 32 NBCC Restructures Boards of Subsidiaries, Abolishes Key Posts https://newsmantra.in/nbcc-subsidiary-board-restructuring-hscc-hscl/ Thu, 20 Aug 2026 11:16:17 +0000 https://newsmantra.in/?p=84403 NEW DELHI. The Union Ministry of Housing and Urban Affairs (MoHUA), in consultation with the DPE and PESB, has restructured the Boards of NBCC (India) Limited’s subsidiaries. Under the restructuring, the posts of Managing Director and Director (Finance) in HSCL, and Managing Director and Director (Engineering) in HSCC, have been abolished. The Managing Director and Director (Engineering) posts in HSCC and the Managing Director post in HSCL were vacant, while the Director (Finance) post in HSCL was held  Shri Shyam Awasthi, whose tenure was due to end on August 1, 2026, although his superannuation is scheduled for March 31, 2035. The restructuring follows the merger of NBCC’s wholly owned subsidiary HSCC with its parent company.

]]> Shri K.P. Mahadevaswamy, Chairman & Managing Director, NBCC, and Chairman, HSCL, formally presented dividend cheques to Shri Manohar Lal, Hon’ble Union Minister of Housing & Urban Affairs and Power. https://newsmantra.in/shri-k-p-mahadevaswamy-chairman-managing-director-nbcc-and-chairman-hscl-formally-presented-dividend-cheques-to-shri-manohar-lal-honble-union-minister-of-housing-urban-affairs-and/ Wed, 01 Oct 2025 06:52:45 +0000 https://newsmantra.in/?p=70665 NBCC (India) Ltd., a Navratna CPSE, contributed Rs.23.34 crore as Final Dividend for FY 2024–25 and Rs.35.01 crore as Interim Dividend for FY 2025–26, while its subsidiary HSCL, a Miniratna CPSE under MoHUA, contributed Rs.11.25 crore and Rs.2.19 crore, respectively, taking the total dividend payout to Rs.71.79 crore.

On this occasion, NBCC’s Functional Directors, Shri Saleem Ahmad, Director (Projects), and Shri Anjeev Kumar Jain, Director (Finance), along with senior officials from NBCC and HSCL, were also present.

]]> NBCC and its subsidiary HSCL, paid dividend of Rs 77 crore https://newsmantra.in/nbcc-and-its-subsidiary-hscl-paid-dividend-of-rs-77-crore/ Mon, 04 Nov 2024 06:14:33 +0000 https://newsmantra.in/?p=49035 NBCC and its subsidiary HSCL, paid dividend of Rs 77 crore (Rs 70 crore appx. by NBCC and Rs 7 crore appx. by HSCL to the Government of India  for FY 2023-24.

]]> Shri K. P. Mahadevaswamy assumed the role of CMD of NBCC (India) Ltd. https://newsmantra.in/shri-k-p-mahadevaswamy-assumed-therole-of-cmd-of-nbcc-india-ltd/ Tue, 03 Oct 2023 05:30:19 +0000 https://newsmantra.in/?p=30128 Shri K. P. Mahadevaswamy assumed the pivotal role of .CMD of NBCC (India) Ltd.along with additional responsibility of Chairman of Hindustan Steelworks Construction Ltd. (HSCL) and Hospital Services Consultancy Corporation Limited (HSCC).He was earlier director (commercial) at  NBCC Embarking on his journey with NBCC as .DGM (Engg.) in 2005, Shri K. P. Mahadevaswamy exhibited exceptional leadership and expertise and successfully went up the ladder in the organization to become CMD.  Shri Swamy has over 32 years of extensive& rich experience in the construction industry.

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