Monday 27th May 2024

BHARAT ELECTRONICS LTD., pays Rs.224.28 Crs. final dividend to GoI

Oct 26th, 2023 7:30 pm | By | Category: SPECIAL NEWS COVERAGE


(THE NEWSMAN OF INDIA.COM) Bhanu Prakash Srivastava, Chairman & Managing Director (Additional Charge), Bharat Electronics Limited, presented the 60% final dividend cheque of Rs.224,27,53,160.40/- (Rupees Two Hundred Twenty-four Crore Twenty-seven Lakh Fifty-three Thousand One Hundred and Sixty Point Four Zero Only), payable on the shares held by the President of India, to the Defence Minister, Rajnath Singh, at New Delhi on October 25, 2023. The Company had paid the First Interim Dividend of 60% (on face value of Rs. 1 per equity share) in February 2023 and the Second Interim Dividend of 60% (on face value of Rs. 1 per equity share) in March 2023. The Company has thus paid a total dividend of 180% on its paid up capital for the year 2022–23. On this occasion those who were present Bhanu Prakash Srivastava, Chairman & Managing Director (Additional Charge), Bharat Electronics Limited, Damodar Bhattad, Director (Finance), BEL, Manoj Jain, Director (R&D), BEL, Rajnath Singh, Raksha Mantri, Giridhar Aramane, Defence Secretary, Shalabh Tyagi, JS (P&C), T Natarajan, AS (DP), and Manoj Kumar, ED (NM & IM).

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