PSU NEWS
BHEL pays Final Dividend for fiscal 2015-16
New Delhi. Bharat Heavy Electricals Limited (BHEL) has paid a final equity dividend of 20% for fiscal 2015-16. In value terms, the total dividend paid for fiscal 2014-15 amounts to Rs.98 Crore. With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly since 1976-77.
A cheque of Rs.61.7 Crore towards the final dividend for the year 2015-16 on the equity (63.06%) held by the Government of India, was presented here to Anant G. Geete, Union Minister of Heavy Industries and Public Enterprises by Atul Sobti, Chairman and Managing Director, BHEL, in the presence of Sh. Babul Supriyo, Minister of State forHeavy Industries and Public Enterprises. Functional Directors on the board of BHEL as well as other senior officials of the Ministry of Heavy Industries & Public Enterprises and BHEL were also present on this occasion.
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