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BEL pays Rs 174.44 Crore Final Dividend to Govt of India

Product category :Press Releases

Date : October 28, 2020


Bengaluru, October 28, 2020: Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 280% to the Government of India for the Financial Year 2019-20. Mr M V Gowtama, Chairman & Managing Director, BEL, presented the 140% Final Dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lakhs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the Hon’ble Raksha Mantri, Shri Rajnath Singh, at New Delhi on October 28, 2020. The Interim Dividend of 140% (on face value of Re. 1 per equity share) was paid to the Government of India in February 2020. Photo caption: Mr M V Gowtama, Chairman & Managing Director, BEL, presenting the 140% Final Dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lakhs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the Hon’ble Raksha Mantri, Shri Rajnath Singh, at New Delhi on October 28, 2020. Also seen are (L-R) Mr Anurag Bajpai, Joint Secretary (P&C), Mr Raj Kumar, Secretary (Defence Production), and Mr Manoj Kumar, Executive Director (National Marketing), BEL.
 

Mr M V Gowtama, Chairman & Managing Director, BEL, presenting the interim dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lakhs Sixty-three Thousand Five Hundred Sixty-nine and Twenty Paise only), payable on the shares held by the President of India, to the honorable Defence Minister, Shri Rajnath Singh, at New Delhi on March 12, 2020. Also present are Mr Raj Kumar, Secretary (Defence Production), and Dr Amit Sahai, Joint Secretary (P&C).


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