BEL Pays Rs. 262 Cr. Interim Dividend To Govt of India

BEL Pays Rs. 262 Cr. Interim Dividend To Govt of India

Bangalore 16th March 2018: Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid an Interim Dividend of Rs.2,62,29,12,635.20/- (Rupees Two Hundred and Sixty Two  Crores Twenty Nine Lakhs Twelve Thousand Six Hundred Thirty Five and Twenty Paise only) to the Government of India for the year 2017-18.

Mr M V Gowtama, CMD, BEL, presented the Interim Dividend cheque to the Hon’ble Raksha Mantri, Mrs Nirmala Sitharaman, at New Delhi on March 15, 2018. BEL has declared 160% Interim Dividend (Rs. 1.60/- per share) to its shareholders for the year 2017-18.

This is the 14th consecutive year that BEL is paying Interim Dividend. The Company has paid a total dividend of 225% on its paid up capital for the year 2016-17.

Photo caption:

Mr M V Gowtama, CMD, BEL, and Mr M M Joshi, Executive Director (National Marketing), BEL, presenting to the Hon’ble Raksha Mantri, Mrs Nirmala Sitharaman, the Interim Dividend cheque for Rs.2,62,29,12,635.20/- (Rupees Two Hundred and Sixty Two Crores Twenty Nine Lakhs Twelve Thousand Six Hundred Thirty Five and Twenty Paise only) to the Government of India for the year 2017-18, at New Delhi on March 15, 2018.

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