BEL Pays Rs 174 Crore Interim Dividend to Government

 

New Delhi. Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid Interim Dividend of 140 per cent on its paid-up capital to the Government of India (GoI) for financial year 2020-21.

ads

MV 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 Defence Minister Rajnath Singh in New Delhi on March 8.

BEL has declared 140 per cent 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 per cent on its paid up capital for the financial year 2019-20.

More like this

GE Aerospace Announces First Quarter 2026 Results

Cincinnati: GE Aerospace announced financial results for the first quarter...

Islamabad’s Deft Diplomacy

Pakistan has edged into the centre of the unfolding...

GoDronz: From Drone Battlefields to a Drone-Enabled Generation

the meagre mention of the word drone has now become...

BAE Systems Awarded $180 Million Contract from Sweden for TRIDON Mk2 Anti-Aircraft System

Karlskoga, Sweden / New Delhi. BAE Systems has secured...

Airports and Airlines No Longer Have to Run Their Own Connectivity Networks

New Delhi. Airports and airlines can now run critical operations...

AURA AERO Unveils ERA’s New Cabin, Optimised for Operational Flexibility

Friedrichshafen, Germany: At AERO Friedrichshafen 2026, AURA AERO unveiled...

Coca-Cola India’s First-Ever Activation at BLR Airport Blends Digital Convenience with Refreshment

Bengaluru: Coca-Cola India and Bangalore International Airport Ltd (BIAL)...

IAI’s Heron – Mk 2 UAV Tested by Japanese Armed Forces, Political Consideration May Affect Purchase Decision 

Tel Aviv: Political considerations may affect the Japanese decision...
Indian Navy Special Edition 2025spot_img