Mr Bhanu Prakash Srivastava, Chairman & Managing Director (Additional Charge), DPSU Bharat Electronics Limited (BEL), presented the 60% final dividend cheque of Rs. 224,27,53,160.40/- (Rupees Two Hundred Twenty-four Crore Twenty- seven Lakh Fifty-three Thousand One Hundred and Sixty Point Four Zero Only), payable on the shares held by the President of India, to the Defence Minister, Shri Rajnath Singh, at New Delhi on October 25, 2023.
The Company had paid the First Interim Dividend of 60% (on face value of Rs. 1 per equity share) in February 2023 and the Second Interim Dividend of 60% (on face value of Rs. 1 per equity share) in March 2023.
Thus, the Company has paid a total dividend of 180% on its paid up capital for the year 2022–23.
Source: https://bel-india.in/
Bharat Electronics Limited (BEL) is an Indian Government-owned aerospace and defence electronics company.
It primarily manufactures advanced electronic products for ground and aerospace applications.
Noteworthy, BEL is one of sixteen PSUs under the Ministry of Defence of India.
