BEL pays Rs 186.89 Crore final dividend to the Government

BEL paid the First Interim Dividend of 150% in February 2022 and the Second Interim Dividend of 150% in March 2022
Dinesh Kumar Batra, Chairman & Managing Director (Additional Charge), BEL (second from left), along with
Manoj Kumar, Executive Director (National Marketing), BEL (third from left), presenting the final dividend cheque to the Defence Minister Rajnath Singh. Also present are (L-R) Anurag Bajpai (IFS) JS (DIP) with Additional Charge of JS (P&C); Dr Ajay Kumar (IAS), Defence Secretary; and Sanjay Jaju (IAS) ASDP, MoD.
Dinesh Kumar Batra, Chairman & Managing Director (Additional Charge), BEL (second from left), along with Manoj Kumar, Executive Director (National Marketing), BEL (third from left), presenting the final dividend cheque to the Defence Minister Rajnath Singh. Also present are (L-R) Anurag Bajpai (IFS) JS (DIP) with Additional Charge of JS (P&C); Dr Ajay Kumar (IAS), Defence Secretary; and Sanjay Jaju (IAS) ASDP, MoD.

New Delhi: Defence PSU Bharat Electronics Limited (BEL) has paid a final dividend 150% Final Dividend cheque of Rs 1,86,89,60,967/- (Rupees One Hundred Eighty-six Crores Eighty-Nine Lacs Sixty Thousand Nine Hundred Sixty-seven only) to the government. Dinesh Kumar Batra, Chairman & Managing Director (Additional Charge), along with Manoj Kumar, Executive Director (National Marketing), BEL, presented the cheque to the Defence Minister, Rajnath Singh, in New Delhi on September 28, 2022.

The Company paid the First Interim Dividend of 150% (on the face value of Rs. 1 per equity share) in February 2022 and the Second Interim Dividend of 150% (on the face value of Rs. 1 per equity share) in March 2022. The Company has thus paid a total dividend of 450% on its paid-up capital for the year 2021-22.

Disclaimer: This story is a press release and is being published with little editing by the PSU Watch desk)

(PSU Watch– India's Business News centre that places the spotlight 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.)

logo
PSU Watch
psuwatch.com