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BEML presents Dividend Draft to Raksha Mantri

Nov 23rd, 2017 6:48 am | By | Category: LATEST NEWS

BEML LIMITED, a Public Sector Company under the Ministry of Defence, has paid Dividend to Govt. of India for the year 2016-17 in accordance with the decision taken in the 53 rd Annual General Meeting of the Company. For the year 2016-17, BEML has declared a record 80% Dividend from 40% of previous year which registered highest quantum jump during the last five years. The Bank Draft has been handed over to Smt. Nirmala Seetharaman, Minister of Defence by Deepak Kumar Hota, Chairman & Managing Director of the Company. Sanjay Prasad, Joint Secretary (LS), Ministry of Defence was also present on the occasion.Presently, Government of India holds 2.25 Crores equity shares of Rs. 10/- each aggregating to paid up capital of Rs. 22.50 Crores in BEML.

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