BEL pays Rs. 224 Crore as Interim Dividend

Bhanu Prakash Srivastava, Chairman & Managing Director, BEL, presenting the second Interim Dividend cheque to the
Defence Minister, Rajnath Singh, and Giridhar Aramane, Secretary (DP), in the presence of Shalabh Tyagi, Joint Secretary (P&C),T Natarajan, ASDP, Damodar Bhattad, Director (Finance) & CFO, BEL, Manoj Kumar, ED (National Marketing), BEL, andG S Arora, AGM (Fin-OU)/RO-Delhi, BEL.

Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid Interim Dividend of 60% on its paid-up capital to the Government of India for the financial year 2022-23.

Bhanu Prakash Srivastava, Chairman & Managing Director, BEL, presented the second Interim Dividend cheque of Rs. 224,27,53,160.40/- payable on the shares held by the President of India, to the Defence Minister, Rajnath Singh, in New Delhi. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022-23.

This is the 20th consecutive year that BEL is paying Interim Dividend. BEL has paid 60% per cent as First Interim Dividend (Rs. 0.60/- per share) in February 2023 to its shareholders for the financial year 2022-23.BEL has paid a total dividend of 450% on its paid up capital for the financial year 2021-22.

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