BDL Pays Interim Dividend of Rs 100 crore

Defence Industry

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).

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.