BEL pays Rs 174.44 Crore Final Dividend to Govt of India
Oct 28th, 2020 5:26 pm | By ThenewsmanofIndia.com | Category: SPECIAL NEWS COVERAGE
(THE NEWSMAN OF INDIA.COM)
Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 280% to the Government of India for the Financial Year 2019-20.
M V Gowtama, Chairman & Managing Director, BEL, presented the 140% Final Dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lakhs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the Hon’ble Raksha Mantri, Shri Rajnath Singh, at New Delhi on October 28, 2020. The Interim Dividend of 140% (on face value of Re. 1 per equity share) was paid to the Government of India in February 2020.
Photo caption: M V Gowtama, Chairman & Managing Director, BEL, presenting the 140% Final Dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lakhs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the Raksha Mantri, Rajnath Singh, at New Delhi on October 28, 2020. Also seen are (L-R) Anurag Bajpai, Joint Secretary (P&C), Raj Kumar, Secretary (Defence Production), and Manoj Kumar, Executive Director (National Marketing), BEL.
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