Attending the Board meeting of Kisan International Trading FZE (KITFZE) IFFCO MD Dr U S Awasthi felt satisfied and said that it has performed better than the last year.
He also said that the board has proposed to give 100% dividend. Dr. U S Awasthi tweeted” Attended #Kisan International board meeting performance is better than last year 100% dividend is proposed”
In his next tweet Awasthi lauded Mr MC Gupta for initiating enforcement of arbitration award against Legend & Mr Gutnic as his tweet read” Best wishes 2 @McguptaIffco of #Kisan international for initiating enforcement of arbitration award against #Legend & #Mr Gutnic.”
Kisan International Trading FZE (KITFZE) deals in trading of various fertilizer raw materials, intermediates and finished fertilizer products. KITFZE undertakes the logistics for transportation of ammonia to IFFCO under the off-take agreement from IFFCO’s Joint Venture company OMIFCO at Sur in Oman.
One of MD’s followers was happy with the news and thanked him by tweeting” @drusawasthi sir: Your brain child KIT-IFFCO is performing awesomely well. #kudos to your vision.”
KITFZE supports its parent company through strategic investments and is registered with Jebel Ali Free Zone Authority, Dubai. It is wholly Owned Subsidiary of Indian Farmers Fertiliser Cooperative Limited (IFFCO).
After attending KITFZE meeting Dr. U S Awasthi landed at Minsk capital of Belarus on Wednesday.