BEL

Press Releases

BEL pays Rs. 174 Crore Second Interim Dividend to Govt of India

Product category :Press Releases

Date : March 30, 2021


Bengaluru, March 30, 2021: Bharat Electronics Ltd (BEL), a Navratna  Defence PSU, has paid second interim dividend of 140% on its paid-up capital  to the Government of India for financial year 2020 – 21. Mr M V Gowtama, Chairman & Managing Director, BEL, presented the second interim dividend cheque of Rs. 174,43,63,569.20/- (Rupees One Hundred Seventy-four Crores Forty-Three Lacs 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 30, 2021. BEL has declared 140% percent as second interim dividend (Rs. 1.40/- per share) to its shareholders for the financial year 2020 – 21. This is the 18th consecutive year that BEL is paying Interim Dividend. BEL has  paid a total dividend of 280% on its paid up capital for the financial year 2019 –  20. Photo caption:     Mr M V Gowtama, CMD, BEL, presenting the Second Interim Dividend  Cheque to the Hon’ble Defence Minister, Shri Rajnath Singh, on March  30, 2021, at New Delhi.