BEL pays Rs 174 crore interim dividend for FY 2020-21 to defence ministry

By: |
March 08, 2021 4:25 PM

BEL chairman and managing director M V Gowtama on Monday handed over the interim dividend cheque to Defence Minister Rajnath Singh in Delhi, the ministry said in its statement.

BEL has declared 140 per cent as interim dividend (Rs 1.40 per share) to its shareholders for the financial year, it said.

Government-run Bharat Electronics Limited (BEL) on Monday paid Rs 174.43 crore interim dividend for 2020-21 to the defence ministry, according to an official statement.

BEL chairman and managing director M V Gowtama on Monday handed over the interim dividend cheque to Defence Minister Rajnath Singh in Delhi, the ministry said in its statement.

BEL has declared 140 per cent as interim dividend (Rs 1.40 per share) to its shareholders for the financial year, it said.

“This is the 18th consecutive year that BEL is paying interim dividend. It had paid a total dividend of 280 per cent on its paid-up capital for 2019-20,” the statement mentioned.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Ex-INDRA 21: Indian and Russian ground forces kick off counter terrorism drills
2Chhattisgarh: 12 people injured as Naxals blow up SUV in Dantewada
3India’s defence exports since 2014-15 estimated at Rs 38,500 crore