About ANIIDCO

About ANIIDCO


Andaman and Nicobar Islands Integrated Development Corporation Limited (ANIIDCO) was incorporated on 28th June 1988 under the Companies Act 1956 for rapid economic growth of the Islands. The main objective of the Corporation is to develop and commercially exploit the natural resources for the balanced and environment friendly development of the territory.


Activities

  • Trading of iron and steel, petroleum products, IMFL and milk.
  • Megapode Resort, Megapode Camping Resort, and air-ticketing agency
  • Financial assistance to industrial concerns.
  • Infrastructure Development: Tourism and fisheries.

Board of Directors

 



Shri Keshav Chandra, IAS
Chairman


Shri Santosh D. Vaidya , IAS
Managing Director


Shri Sanjay Kumar Jha, IAS
Director


Shri Suneel Anchipaka, IAS, IAS
Director


Ms. Veditha Reddy, IAS
Executive Director


Shri Yash Chaudhary, IAS
Executive Director


Shri Hari Kallikkat, IAS
Executive Director


Shri C. Aravind, DANICS
Executive Director



Shri Surendra Prahladka
Director

Share Capital

The authorized share capital of the company is Rs. 50 crorers and paid up share capital is Rs. 10.97. The share capital of the company has been contributed by Industries, Fisheries and Animal Husbandry Department.


Financial Performance

The financial result for the company for last four years is as under:

Year
Turnover ( in crores )
Profit (before tax) ( in crores )
2018 – 19
379.15
43.17
2019 – 20
403.05
46.10
2020 – 21
303.60
26.41


Balance Sheet



Contribution to the Exchequer

( in Crore)
 
2018 – 19
2019 – 20
2020-21
License Fee
2.11
1.94
1.82
Excise duty
112.81
112.39
102.38
Income Tax
15.84
12.10
7.42
Dividend:
8.42
10.13
5.79
Total:
159.7
166.98
135.31