Shri Rajnath Singh while recieving the dividend cheque along with CMD of BEL, Shri M V Gowtama
New Delhi: Bharat Electronics Limited, BEL, presented the 140% final dividend cheque of Rs. 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. The Cheque was presented to the Raksha Mantri, Shri Rajnath Singh by the Chairman & Managing Director, BEL, Shri M V Gowtama here today. The Interim Dividend of 140% (on face value of Re. 1 per equity share) was paid to the Government of India in February 2020.
BEL, a Navratna Defence PSU, has paid a total dividend of 280% to the Government of India for financial year 2019-20.
Secretary Defence Production Shri Rajkumar was present on the occasion.
Bharat Electronics Limited is an Indian state-owned aerospace and defence company with about nine factories, and several regional offices in India.
It is owned by the Indian Government and primarily manufactures advanced electronic products for the Indian Armed Forces. BEL is one of nine PSUs under the Ministry of Defence of India. It has been granted Navratna status by the Government of India.
Posted Date : 28-10-20
Categories : PSU NEWS