BEL gives final divident of Rs 174 crore to govt
BEL, Oct 28
Bharat Electronics Limited, BEL, presented the 140 per cent final dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lacs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India. The Cheque was presented to the Raksha Mantri, Shri Rajnath Singh by the Chairman & Managing Director, BEL, Shri M V Gowtama here today. The Interim Dividend of 140 per cent (on face value of Re. 1 per equity share) was paid to the Government of India in February 2020.
BEL, a Navratna Defence PSU, has paid a total dividend of 280 per cent to the Government of India for financial year 2019-20.
Secretary Defence Production Shri Rajkumar was present on the occasion.