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BEL hands over ₹174.43 crore interim dividend to defence ministry

1 min read . Updated: 08 Mar 2021, 08:53 PM IST Staff Writer

Bharat Electronics Ltd paid interim dividend of 140% on its paid-up capital to the Government for the financial year 2020-21
This is the 18th consecutive year that BEL is paying an interim dividend to the government

Defence public sector unit Bharat Electronics Ltd (BEL) paid interim dividend of 140% on its paid-up capital to the Government for the financial year (FY) 2020-21.

On Monday, defence minister Rajnath Singh was handed over the dividend cheque of ₹174.43 crore payable on the shares held by the President of India by the Chairman and Managing Director of BEL Shri M V Gowtama.

The BEL has declared 140% as interim dividend ( ₹1.40/- per share) to its shareholders for the FY 2020-21.

This is the 18th consecutive year that BEL is paying an interim dividend to the government. It had paid a total dividend of 280%on its paid-up capital for the FY 2019-20.

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