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BEL Pays Rs. 262 cr. Interim Dividend to Govt.

Mar 16th, 2018 4:20 pm | By | Category: LATEST NEWS

M V Gowtama, CMD-BEL

M V Gowtama, CMD-BEL


(THE NEWSMAN OF INDIA.COM)
Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid an Interim Dividend of Rs.2,62,29,12,635.20/- (Rupees Two Hundred and Sixty Two Crores Twenty Nine Lakhs Twelve Thousand Six Hundred Thirty Five and Twenty Paise only) to the Government of India for the year 2017-18. M V Gowtama, CMD, BEL, presented the Interim Dividend cheque to the Raksha Mantri, Mrs Nirmala Sitharaman, at New Delhi on March 15, 2018. BEL has declared 160% Interim Dividend (Rs. 1.60/- per share) to its shareholders for the year 2017-18.

This is the 14th consecutive year that BEL is paying Interim Dividend. The
Company has paid a total dividend of 225% on its paid up capital for the
year 2016-17.

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