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Business News/ Companies / News/  BEL hands over 174.43 crore interim dividend to defence ministry
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BEL hands over ₹174.43 crore interim dividend to defence ministry

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
  • BEL hands over ₹174.43 crore interim dividend to defence ministryPremium
    BEL hands over 174.43 crore interim dividend to defence ministry

    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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    Published: 08 Mar 2021, 03:30 PM IST
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