BEL pays Rs 64.41 Cr Final Dividend to Government

Date:

 

NEW DELHI. Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 200 per cent to the Government of India for FY 2017-18.

ads

MV Gowtama, Chairman & Managing Director, BEL, presented the 40 per cent Final Dividend cheque for Rs 64,41,62,053.20 (Rupees Sixty-four crores Forty-one lakhs Sixty-two thousand Fifty-three and Twenty paise only), for the year 2017-18, payable on the shares held by the President and Government nominee, to Defence Minister Nirmala Sitharaman in New Delhi on November 15.

The Interim Dividend of 160 per cent (on face value of Re 1 per equity share) was paid to the Government of India in February 2018.

More like this

Hydro-Nationalism in South Asia – A Necessity

In the heart of South Asia lies a dynamic...

Indian Navy’s Theatre Level Operational Exercise (TROPEX) – 2025 Concludes

New Delhi: The 2025 Edition of the Indian Navy’s...

Marico Innovation Foundation Honours Seven Game-Changing Innovators at the 10th Edition of Indian Innovation Icons 2025 

Mumbai. Marico Innovation Foundation (MIF), a leader in driving impactful...

Trump Announces Creation of New Shipbuilding Office in White House

Washington: President Donald Trump announced the creation of a...

Submarine Fabrication: US Navy Contractor KEEL to Invest $70 Million in New Facilities

Washington: South Carolina-based US Navy contractor KEEL is planning...

Baykar, Leonardo Joint Venture Adds New Force, Eyes a Slice of Europe’s $100 Billion Drone Market

Rome: Turkish UAV champion Baykar announced a deal with...
Indian Navy Special EditionLatest Issue