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BEL pays Rs. 174 Crore Interim Dividend to Government of India

Mar 8th, 2021 7:26 pm | By | Category: LATEST NEWS

M V Gowtama, CMD-BEL

Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid Interim Dividend of 140% on its paid-up capital to the Government of India for financial year 2020-21. M V Gowtama, Chairman & Managing Director, BEL, presented the Interim Dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lacs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the Defence Minister, Rajnath Singh, at New Delhi on March 8, 2021. BEL has declared 140% percent as Interim Dividend (Rs. 1.40/- per share) to its shareholders for the financial year 2020-21.

This is the 18th consecutive year that BEL is paying Interim Dividend. BEL has paid a total dividend of 280% on its paid up capital for the financial year 2019-20.

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