Raksha Mantri receives Rs. 224 Cr as dividend from BEL
Published: Mar 28, 2023
By TIOLCorplaws News Service
NEW DELHI, MAR 28, 2023: BHARAT Electronics Ltd (BEL), a Navratna Defence PSU, presented the second interim dividend cheque of Rs. 224,27,53,160.40/- to Raksha Mantri Rajnath Singh in New Delhi today on March 27, 2023. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022 - 23.
This is the 20th consecutive year that BEL is paying Interim Dividend. BEL has paid 60% percent as First Interim Dividend (Rs. 0.60/- per share) in February 2023 to its shareholders for the financial year 2022 - 23. It has also paid a total dividend of 450% on its paid-up capital for the financial year 2021 - 22.