BDL pays a total dividend of Rs 128.40 cr to government

Hyderabad: Bharat Dynamics Limited (BDL), has paid a final dividend of Rs 16.479 crore for the financial year 2022 - 23 to the government. Chairman of BDL, Cmde (Retd) A. Madhavarao presented cheque for Rs 16.479. crore, being the final dividend pertaining to the Government of India shareholding in BDL, to Defence Minister Rajnath Singh in New Delhi on Wednesday.

Total dividend of Rs 128.40 cr paid for FY'23

BDL has declared final dividend of Rs 1.20 per equity share of Rs 10 each for the financial year 2022 – 23. The final dividend declared by the company works out to 12 percent of the paid-up share capital of Rs 183.28 crore.

Earlier, during March this year, an interim dividend of Rs 8.15 per share amounting to Rs 111.92 crore was paid by BDL to the government for the financial year 2022- 23 towards govt’s shareholding in BDL. With this, the total dividend paid by BDL for the financial year 2022-23 amounts to Rs 128.40 crore.

Shalabh Tyagi, Joint Secretary, Ministry of Defence and N Srinivasulu, Director (Finance), BDL were also present on the occasion.

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