BEL pays second interim dividend of Rs 186 crore to Govt

Bharat Electronics Limited (BEL) has paid an interim dividend of 150 percent on its paid-up capital to the Government for the Financial Year 2021-22
BEL pays second interim dividend of Rs 186 crore to Govt

New Delhi: Navratna Defence PSU, Bharat Electronics Limited (BEL) has paid an interim dividend of 150 percent on its paid-up capital to the Government for the Financial Year 2021-22.

BEL's Chairperson & Managing Director (CMD) Anandi Ramalingam presented the second interim dividend cheque of Rs 186.89 crore, payable on the shares held by the Government, to the Union Defence Minister Rajnath Singh, at New Delhi on March 31, 2022.  BEL has declared 150 percent as the second interim dividend (Rs. 1.50/- per share) to its shareholders for the financial year 2021-22.

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

(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