BEL Pays Rs 186 Cr Interim Dividend

Anandi Ramalingam, Chairman & Managing Director – Additional Charge, BEL, along with Dinesh Kumar Batra, Director (Finance), BEL, presenting the Interim Dividend cheque of Rs 186,89,60,967/- (Rupees One Hundred Eighty-six Crore Eighty-Nine Lakh Sixty Thousand Nine Hundred Sixty-seven only), payable on the shares held by the President of India, to Defence Minister Rajnath Singh, at New Delhi on February 28, 2022. Also seen are (Left-Right) Anurag Bajpai, Joint Secretary (P&C), Ajay Bhatt, Minister of State for Defence, Sanjay Jaju, Additional Secretary (DP), and Manoj Kumar, Executive Director (National Marketing), BEL.

New Delhi: Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid an interim dividend of 150% on its paid-up capital to the Government of India (GoI) for the financial year 2021- 22.

Anandi Ramalingam, Chairman & Managing Director – Additional Charge, BEL, presented the interim dividend cheque of Rs. 186,89,60,967/- (Rupees One Hundred Eighty-six Crore Eighty-Nine Lacs Sixty Thousand Nine Hundred Sixty-seven only), payable on the shares held by the President of India, to the Defence Minister Rajnath Singh, in New Delhi on Monday, February 28.

Also read: Defence Ministry Signs Rs 1,075 Crore Contract with BEL for Retro-Modification of T-90 Tanks

BEL has declared 150% as an interim dividend (Rs. 1.50/- per share) to its shareholders for the financial year 2021-22.

Also read: BEL Signs $73 Million Contract with Hyperion Global Group to Supply IoT Devices to US

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

Current Issue

 

DSA

Social Media Updates

Recent

EOS Defence Systems Partners with Shielders Advanced Industries to Strengthen UAE Defence Manufacturing
26-02-2024

Shielders Advanced Industries representative, CEO Khalifa Ahmed Al Ali, and...

MILAN 2024: International Maritime Seminar 
26-02-2024

Vice President of India, Jagdeep Dhankar inaugurated the International Maritime...

Schiebel CAMCOPTER® S-100 Receives Operational Approval from CASA
26-02-2024

  Wedgetail Aerospace, supported by Schiebel Pacific, successfully obtained the...

Schiebel Wins CAMCOPTER® S-300 Contract for South Korean Navy
26-02-2024

  Schiebel, together with Korean based defence solutions companies Hanwha...

Diehl Defence and KAI toIntensify their Co-operation
26-02-2024

Diehl Defence and Korea Aerospace Industries have signed an MoU...