Excelsior Correspondent
JAMMU, Oct 28: Navratna Defence PSU Bharat Electronics Limited (BEL) has paid final dividend of Rs 224.28 crore to the Government of India for the financial year 2022-23.
Chairman and Managing Director (Additional Charge) of BEL Bhanu Prakash Srivastava presented the 60 percent final dividend cheque of Rs 224.28 crore, payable on the shares held by the President of India, to the Defence Minister Rajnath Singh, at New Delhi.
The company had paid the first interim dividend of 60 percent (on face value of Rs 1 per equity share) in February 2023 and the second interim dividend of 60 percent (on face value of Rs. 1 per equity share) in March 2023. The company has thus paid a total dividend of 180 percent on its paid up capital for the year 2022–23.
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