BHEL pays final dividend of Rs 88 crore for FY 2021-22 to Govt

Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs 88 crore for the financial year 2021-22 to the government

PSU Watch Bureau

Published:22nd Nov, 2022 at 2:02 PM

New Delhi: Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs 88 crore for the financial year 2021-22 to the government.

To this effect, a cheque towards the final dividend on the equity (63.17 percent) held by the Government of India, was presented to Union Minister of Heavy Industries Dr Mahendra Nath Pandey by BHEL's Chairman and Managing Director (CMD) Dr Nalin Shinghal in the presence of Secretary (HI) Kamran Rizvi.

Directors on the board of BHEL and senior officials of the Ministry of Heavy Industries were also present on this occasion. Significantly, the total dividend paid to the company's shareholders for FY 2021-22 amounts to over Rs 139 crore.

(PSU Watch– India's Business News centre that focuses on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

BHEL pays final dividend of Rs 88 crore for FY 2021-22 to Govt

Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs 88 crore for the financial year 2021-22 to the government

Also Read

Markets climb in early trade on firm Asian markets, buying in Auto, metal stocks

Sonali Mishra (IPS) assumes charge as Director General of Railway Protection Force (RPF)

Ity Pandey (IRTS) assumes charge as Principal Chief Commercial Manager at South Central Railway

GRSE signs MoU with Germany’s Reintjes GmbH to enhance marine propulsion capabilities

RITES, iSky Transport sign MoU to explore sustainable urban mobility solutions