BDL Pays Interim Dividend of Rs 100 crore

 

New Delhi: Defence Minister Rajnath Singh on March 5 received a cheque for Rs 100.518 crore as the interim dividend from Defence Public Sector Undertaking (DPSU) Bharat Dynamics Limited (BDL) in New Delhi from the Chairman and Managing Director of BDL Commodore Siddharth Mishra (Retd).

ads

The Hyderabad-based DPSU has declared interim dividend of Rs 6.25 per share of Rs 10/- each for the financial year 2019-20. It pertains to the Government holding in the DPSU. The interim dividend declared by the company works out to 62.5 per cent of the paid-up share capital of Rs 183.28 crore.

Secretary (Defence Production) Raj Kumar and other senior officials from Ministry of Defence and BDL were also present on the occasion.

More like this

EDGE Completes Acquisition of Brazilian Aerospace Engineering Specialist AKAER

Abu Dhabi, UAE / São José dos Campos, Brazil: Following...

Deluge at Tibet-Nepal Border: Devastation and Lessons

On August 26, 2026, Wednesday, at 0820 hours, as...

The Javelin Pivot: Modernising Indian Infantry and the New Frontiers of Indo-US Defence Integration

The formalisation of the Foreign Military Sales (FMS) agreement...

India and Belgium Rewire Defence Ties

India and Belgium have signed 10 defence-industrial agreements covering...

GE Ships Three More Engines for Tejas

US aerospace major GE Aerospace has delivered three F404-IN20...

From ‘Make in India’ to ‘Owned by India’: Architecting a Sovereign Defence Industrial Base

For decades, India’s strategic posture was defined by a...

ELVO Invests €40 Million to Expand into New Defence Technologies

Thessaloniki, Greece. ELVO - Hellenic Vehicle Industries, Greece’s foremost manufacturer...
Indian Navy Special Edition 2025spot_img