PSU PRESS RELEASE
BEL pays Rs. 49.21 cr Interim Dividend to Govt
Mr M V Gowtama, CMD, BEL, presenting the Interim Dividend cheque for Rs. 49.21 crore for the year 2016-17 to the Defence Minister, Mr Manohar Parrikar, at New Delhi on March 9, 2017. Also seen are Mr Ashok Kumar Gupta, Secret
Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid an Interim Dividend of Rs.49,21,87,221/- (Rupees Forty Nine Crores Twenty One Lakhs Eighty Seven Thousand Two Hundred and Twenty One only) to the Government of India for the year 2016-17.
Mr M V Gowtama, CMD, BEL, presented the Interim Dividend cheque to the Defence Minister, Mr Manohar Parrikar, at New Delhi on March 9, 2017. BEL has declared 30% per cent Interim Dividend (Rs. 3/- per share) to its shareholders for the year 2016-17.
This is the 13th consecutive year that BEL is paying Interim Dividend. The Company had paid 170% Dividend in the previous year 2015-16 (25% Interim Dividend in February, 2016 and 145% Final Dividend in October, 2016.
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