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

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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