HAL pays 2nd interim dividend of Rs 502.58 crores to Govt 
Defence Watch

HAL pays 2nd interim dividend of Rs 502.58 crores to Govt

Hindustan Aeronautics Limited (HAL) has paid the second interim dividend of Rs 502.58 crores to the Government for the Financial Year 2022-23

Defence Watch Bureau

New Delhi: Defence Navratna Hindustan Aeronautics Limited (HAL) has paid the second interim dividend of Rs 502.58 crores to the Government for the Financial Year 2022-23. The dividend cheque was handed over to the Union Defence Minister Rajnath Singh by HAL Director (Finance) & CFO with Addl. Charge of CMD, CB Ananthakrishnan and Director (Operations) EP Jayadeva in the presence of Defence Secretary Giridhar Aramane and Additional Secretary (Defence Production) T Natarajan in New Delhi on Monday.

The company had declared the second interim dividend of Rs 20 per equity share of Rs 10/- each fully paid up (200 percent) for the F Y 2022-23 in addition to the first interim dividend of Rs 20 per equity share of Rs 10/- each fully paid up. The total interim dividend paid to the GoI by HAL is Rs 1005.16 crores in F Y 2022-23.

HAL has been consistently paying higher dividends year after year and believes in creating value for its shareholders.

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