BEL pays 174 Crore Second Interim Dividend to Govt of India

March 30, 2021 Photo(s): By BEL
M V Gowtama, Chairman and Managing Director of Bharat Electronics Limited, presenting the Second Interim Dividend Cheque to the Hon’ble Defence Minister Rajnath Singh, Defence Minister on 30th March, 2021, at New Delhi.

Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid second interim dividend of 140% on its paid-up capital to the Government of India for financial year 2020 – 21.

M V Gowtama, Chairman & Managing Director, BEL, presented the second interim dividend cheque of 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 the honorable Defence Minister Rajnath Singh, at New Delhi on March 30, 2021. BEL has declared 140% percent as second interim dividend (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% on its paid up capital for the financial year 2019 – 20.