BEL pays Rs 64.41 Cr Final Dividend to Government

 

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

ELVO Turns Decades-Old Military Vehicles into Modern Combat Assets for the Greek Army 

Thessaloniki, Greece: ELVO - Hellenic Vehicle Industries, Greece’s foremost manufacturer...

Airbus Starts Development of IRIS² Satellites on Behalf of Eutelsat

Paris, France. Airbus Defence and Space has signed the...

EDGE Delivers HT-100 NAVAL to Angola Following Successful Trials

Abu Dhabi, UAE: EDGE Group has announced the successful...

MBDA and Safran Receive Approval to Supply France’s New Long-Range Land Strike Capability

Paris: Announcing the notification by the French Defence Procurement Agency...

ICEYE and Arianespace Partner to Strengthen Europe’s Sovereign Access to Space  

Paris, France: ICEYE, the European leader in sovereign intelligence from...

Russia Targets India’s Regional Skies

NEW DELHI. Russia is seeking a larger role in India’s...

ESA, ISRO Eye Wider Space Ties

PARIS. The European Space Agency (ESA) and the Indian Space...

When Centurions Made a Graveyard of Pattons

On September 1, the 1 Armoured Division commemorated the...
Indian Navy Special Edition 2025spot_img