Tuesday, March 21, 2023
Defence ManufacturingDefence PSUsBEL pays Rs 186.90 Crore Interim Dividend to Government of India

BEL pays Rs 186.90 Crore Interim Dividend to Government of India

BEL CMD on Monday presented the Interim Dividend cheque of Rs. 186,89,60,967/- to the Defence Minister Rajnath Singh

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New Delhi/Bengaluru: The public sector aerospace and defence Navratna company Bharat Electronics Ltd (BEL) has paid an interim dividend of 150 percent on its paid-up capital to the Government of India for the financial year 2021-22.

Mrs Anandi Ramalingam, the Chairman & Managing Director – of BEL, on Monday presented the Interim Dividend cheque of Rs. 186.90 crore payable on the shares held by the President of India, to the Defence Minister Mr Rajnath Singh, at New Delhi.

BEL has declared 150% percent as Interim Dividend (Rs. 1.50/- per share) to its shareholders for the financial year 2021-22.

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This is the 19th consecutive year that the Navratna company is paying an interim dividend. BEL has paid a total dividend of 400% on its paid-up capital for the financial year 2020-21.

(Defence Watch– India’s Defence Business News centre that places the spotlight on Defence Manufacturing, Defence Technology, Strategy and Military affairs is on Twitter. Follow us here and stay updated.)

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