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Bengaluru/Thiruvananthapuram, December 23, 2024: The employees of Navratna Defence PSU Bharat Electronics Limited (BEL) have generously contributed Rs. 1.89 Crores towards the Chief Minister’s Distress Relief Fund (Kerala).

Shri Damodar Bhattad, Director (Finance), and Shri Vikraman N, Director (HR), BEL, handed over the cheque for Rs. 1,89,13,013/- (Rupees One Crore Eighty Nine Lakhs Thirteen Thousand and Thirteen Rupees) to the Hon’ble Chief Minister of Kerala, Shri Pinarayi Vijayan, at Thiruvananthapuram today. Shri Anoop Nair, Chief of Security Services, BEL, was also present.

The Hon’ble Chief Minister appreciated BEL and its employees for the noble gesture.

Mr Manoj Jain, Chairman & Managing Director, Bharat Electronics Limited, presented the 80% final dividend cheque of Rs.299,03,37,547.20/- (Rupees Two Hundred Ninety Nine Crore Three Lakh Thirty Seven Thousand Five Hundred and Forty Seven Point Two Zero Only), payable on the shares held by the President of India, to the Honorable Defence Minister, Shri Rajnath Singh, at New Delhi on  October 29, 2024. The Company had paid the First Interim Dividend of 70% (on face value of Rs.1 per equity share) in February 2024 and the Second Interim Dividend of 70% (on face value of Rs.1 per equity share) in March 2024. The Company has thus paid a total dividend of 220% on its paid-up capital for the year 2023-24.

Bengaluru, September 30, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) and Space Applications Centre (SAC), ISRO, Ahmedabad, have signed an MoU to collaborate, indigenise and develop infrastructure for the productionisation of space-grade Travelling Wave Tube Amplifiers (TWTAs) in India. Signed at SAC Ahmedabad, the MoU will give a boost to the indigenisation of defence and space production and save foreign exchange for the country.

TWTA is a complex multi-disciplinary technology involving controlled interaction of microwave with electron beam under ultrahigh vacuum conditions. State-of-the-art fabrication and manufacturing facility for TWTAs has been established at BEL.

TWTAs developed by SAC, ISRO, and manufactured by BEL will be used in satellite communication and navigation payloads, microwave remote sensing radar payloads, scientific missions or probes and inter-spacecraft communications links. These items are integral parts of various communication and microwave remote sensing payloads.

Mr Nilesh M Desai, Director of SAC, Ahmedabad, and Mrs Niti Pandit, General Manager (Strategic Planning)/BEL-Corporate Office, signed the MoU in the presence of senior officials from both the organisations.

Photo caption: Mr Nilesh M Desai, Director SAC, and Mrs Niti Pandit, GM (Strategic Planning), BEL, exchanging the MoU documents in the presence of officials from both the organisations.

About Space Applications Centre

SAC is a lead R&D centre of ISRO carrying out diverse design and development activities in the field of space-borne payloads for communication satellites, optical and microwave remote sensing satellites, navigation satellites, scientific & planetary satellite payloads and associated ground applications for various ISRO missions aimed at national development.

SAC is also involved in the design and realisation of ground segment and user segment hardware, mathematical models/algorithms/techniques and software for various applications covering diverse areas of communication, navigation, land resources, meteorology, oceanography, environment monitoring and disaster management as well as space sciences.

About BEL

BEL, a Navratna PSU under the Ministry of Defence, Government of India, enjoys the leadership position in the Defence / Strategic Electronics market in India. BEL has the expertise in design, development, engineering, manufacture of radar & weapon systems, network centric and communications systems, electronic warfare & avionics, naval systems, electro-optics and laser based products, tank electronics and gun systems, space electronics and satcom systems, strategic components and civilian products.

BEL has been continuously striving to expand its solution offerings to the Non-Defence domain. Some of the recent notable new business initiatives of BEL include homeland security, smart / safe cities, cyber security, software, rail & metro solutions, civil aviation, space electronics, medical electronics, jammers, anti-drone systems, unmanned systems, e-vehicles, etc. BEL is also a CMMi Level 5, ISO 27001-2013 (ISMS) certified and CERT-In empanelled agency.

SR DGM (CORP.COMM)

BANGALORE

Bengaluru, September 19, 2024: Navaratna Defence PSU Bharat Electronics Limited (BEL) today signed a Teaming Agreement with Reliasat Inc. Canada to collaborate in the area of space products.

The Teaming Agreement aims at leveraging BEL and Reliasat’s capabilities in the domain of space. This is a significant step that will enable BEL to foray into the space segment, in line with the Government of India’s ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, and strengthen its existing portfolio.

The Teaming Agreement was signed at BEL’s Corporate Office in Bengaluru by Mr K V Suresh Kumar, Director (Marketing), and Mr Gurvinder Chohan, CEO, Reliasat Inc. Senior BEL officers Mrs Rashmi Kathuria, GM (SCCS) & Unit Head, BEL-Ghaziabad, Mrs Niti Pandit, GM (SP), Mr Puneet Jain, AGM (Marketing), Mr A K Singh, AGM (D&E), Mr Prakash S P, AGM (TP), Mr Abhinav Paharia, AGM (SP), and Mr K R Amarnath, Sales Director, Reliasat India were present.

About BEL

BEL, a Navaratna PSU under the Ministry of Defence, Government of India, enjoys leadership position in the Defence / Strategic Electronics market in India. BEL has expertise in the design, development, engineering, manufacture of Radars, Weapon Systems, Network Centric and Communications Systems, Electronic Warfare & Avionics, Naval Systems, Electro-Optics & Laser Based products, Tank Electronics & Gun Systems, Space Electronics & Satcom Systems, Strategic Components and Civilian products.

BEL has been continuously striving to expand its offerings in the non-Defence domain.  Some of the recent notable business initiatives of BEL include Homeland Security, Smart / Safe Cities, Cyber Security, Software, Rail & Metro solutions, Civil Aviation, Space Electronics, Medical Electronics, Jammers, Anti-Drone Systems, Unmanned Systems, e-vehicles etc.  BEL is also a CMMi Level 5, ISO 27001-2013 (ISMS) certified and CERT-In empanelled agency.

About Reliasat

Reliasat is building the next generation telecom satellites and addressing the future needs of small, low-cost satellites. Reliasat develops space-based smart satellites with AI/ML and deep space solutions, enabling internet from space with high capacity connectivity.

Photo caption: Mr K V Suresh Kumar, Director (Marketing), BEL, and Mr Gurvinder Chohan, CEO, Reliasat Inc, display the Teaming Agreement signed today between BEL and Reliasat Inc at BEL Corporate Office, in the presence of senior officers.

Bengaluru, August 10, 2024: Mr Rajnish Sharma took charge as Director (Bangalore Complex) of Navratna Defence PSU Bharat Electronics Limited (BEL) on August 10, 2024. He was working as General Manager of BEL’s Military Radars SBU prior to his elevation.

Mr Rajnish Sharma graduated in Mechanical Engineering from the Delhi College of Engineering in 1989 and joined BEL in 1990. In an eventful career spanning over 33 years, he has served at various Units and Strategic Business Units (SBUs) of BEL, gaining diverse exposure to core technologies such as Radar Systems, Secure Communication, Electronic Warfare & Avionics, Naval Missile Systems, etc.

He has played a pivotal role in the execution of some of the largest systems of BEL, including LRSAM, which has broadened his outlook and given him a holistic view of organisational businesses, challenges, people, teams, diverse cultures, etc.

While taking up such roles and challenges, he has also acquired professional competencies like the Certified Project Management Professional, Certified Manager of Quality and Organisational Excellence, Six Sigma, CII Business Excellence Assessor, etc. Such learnings have enabled him to successfully execute key projects with international companies like Thales-France, Selex-Italy, HSA-Holland, RAC-Russia and IAI-Israel.

Also, active involvement with LRDE in projects such as the Airborne Early Warning & Control System with CABS, Flycatcher, Weapon Locating Radar, Reporter Radar, Revathi and Rohini Radars have helped Mr Rajnish Sharma hone his skills for a variety of business and production processes critical to the success of any business entity.

His versatility, observant nature and close association with technology partners has given Mr Rajnish Sharma the knack to assimilate learnings and translate technology into developing mature and robust processes leading to best-in-class products. His process orientation and die-hard, never-give-up attitude has stood him in good stead, helping him to meet stringent targets on time.

Bengaluru, July 29, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a turnover of Rs.4,105.14 Cr, registering a growth of 19.10% during the 1^st Quarter of FY 2024-25, as against the turnover of Rs. 3,446.69 Cr recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during Q1 of FY 2024-25 stood at Rs. 1,037.34 Cr, with a growth of 47.40% over the PBT of Rs.703.75 Cr recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during Q1 of FY 2024-25 stood at Rs. 776.14 Cr, with a growth of 46.21% over the PAT of Rs.530.84 Cr recorded in the corresponding period of the previous year.

The order book position of the company as on 1^st July, 2024, stood at Rs. 76,705 Cr.

Bengaluru	HARI HARAN E A
July 29, 2024	SR DGM (CORP COMN)

Bengaluru, July 16, 2024: The Hon’ble Minister of State for Defence (Raksha Rajya Mantri – RRM), Shri Sanjay Seth visited Bengaluru Complex of Bharat Electronics Limited (BEL), a Navratna defence PSU. He was received by Shri Manoj Jain, CMD, Shri Bhanu Prakash Srivastava, Director (Other Units), Shri Damodar Bhattad, Director (Finance), Shri K V Suresh Kumar, Director (Marketing), and other senior officers.

RRM visited the Precision Manufacturing Facility at Advanced Defence Systems Navy (ADSN) Strategic Business Unit (SBU), Military Radars SBU and the state-of-the-art EMI / EMC Lab. The Minister was given a demo of the Coastal Surveillance System and the Perimeter Security System. He also visited the Smart City Experience Centre.

RRM visited the Product Development and Innovation Centre (PDIC), which fosters innovation, research and development of cutting-edge defence and security solutions. He interacted with engineers, scientists and researchers working on next generation projects.

The Minister also planted a sapling at PDIC to commemorate his maiden visit to BEL.

RRM said, “I am impressed with the state-of-the-art facility at BEL and applaud the contributions being made by BEL towards Nation’s Defence. I offer my best wishes for your continued success and achievement.”

BENGALURU	(HARIHARAN E.A.)
July 16, 2024	SR.DGM (CORP.COMM)

Bengaluru, June 21, 2024: The 10^th International day of Yoga was celebrated with fervour across the Units and offices of Navratna Defence PSU Bharat Electronics Limited (BEL) today.

A sea of humanity converged at the crack of dawn at BEL’s Bangalore Complex in Jalahalli as more than 500 employees participated in the early morning Yoga session conducted by Yoga experts. Yoga Pledge was administered in local languages, Hindi and English at all the Units spread across the country.

Various competitions were held as part of the Yoga Day celebrations and the winners were awarded prizes. A symposium on “Yoga and Wellbeing” was organised at Nalanda, the BEL Academy for Excellence in Bangalore, in collaboration with NIMHANS in which more than 300 women employees participated.

Bengaluru, June 20, 2024: Mr Manoj Jain took charge as the Chairman & Managing Director of Navratna Defence PSU Bharat Electronics Limited (BEL) today.  He was Director (R&D) and Director (Bangalore Complex), Additional Charge, prior to his elevation as CMD.

Mr Manoj Jain joined BEL in August 1991 as Probationary Engineer after completing his BE (Electronics) from REC Jaipur (MNIT) with Gold medal. In an illustrious career spanning over three decades, he has made significant contributions to the field of Research & Development.

During his initial years in D&E at BEL’s Kotdwara Unit, Mr Manoj Jain played a pivotal role in the development of Digital Multiplexers, Cross Connects, CDOT Exchanges and Military Switches. In 1999, he moved to BEL’s Central Research Laboratory in Bangalore and was engaged in the development of technologies for Defence Networks and Network & Bulk Security Solutions. In the area of Radar, one of BEL’s core businesses, he was involved in the development of VeXT, Scan Converter and Display using FPGA.

Mr Manoj Jain served as Chief Scientist of CRL-Bangalore from December 2017 to May 2019, overseeing technological developments in all technical areas. He took over as General Manager of BEL’s Product Development & Innovation Centre (PD&IC) in June 2019. During his two-year stint here, PD&IC developed many new products/sub-systems required for BEL, thus ensuring innovation and value addition, leading to self-reliance.

Mr Manoj Jain took over as the General Manager and Head of the Electronic Warfare & Avionics SBU at BEL-Bangalore in June 2021. Apart from overseeing all the business operations of the SBU, he provided the much-needed vision for this business vertical.

Mr Manoj Jain took charge as Director (R&D) of BEL on September 26, 2022. He was also assigned additional charge of Director (HR) from November 1, 2022 to May 31, 2023.

Mr Manoj Jain has received various R&D awards, Key Contributor Awards, Raksha Mantri’s Award and SODET Awards. He has published many technical papers, applied for several patents and delivered talks to Defence users and DRDOs.

Bengaluru, May 20, 2024: Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs.19819.93 Crore, registering a growth of 14.35% during FY 2023-24 over the Turnover of Rs.17333.37 Crore recorded during the previous year.

During the 4^th Quarter of FY 2023-24, BEL achieved a Turnover of Rs.8335.01 Crore as against Rs.6327.48 Crore recorded in the corresponding period of the previous year.

Profit Before Tax (PBT) during FY 2023-24 stood at Rs.5334.56 Crore, with a growth of 33.87% over the Profit Before Tax (PBT) of Rs.3984.88 Crore recorded during the previous year.

During the 4^th Quarter of FY 2023-24, Profit Before Tax (PBT) has increased to Rs.2385.61 Crore from Rs.1781.49 Crore recorded in the corresponding period of the previous year.

Profit After Tax (PAT) during FY 2023-24 stood at Rs.4020.00 Crore, with a growth of 33.70% over the Profit After Tax (PAT) of Rs.3006.67 Crore recorded during the previous year.

During the 4^th Quarter of FY 2023-24, Profit After Tax (PAT) has increased to Rs.1783.52 Crore from Rs.1365.36 Crore recorded in the corresponding period of the previous year.

The order book position of the company as on 1^st April, 2024 stood at Rs.75934 Crore.

The Board of Directors at its meeting held today recommended a Final Dividend of Rs.0.80 per Equity share (having a face value of Rs.1/- each) and the same is subject to the approval by the Shareholders in the ensuing Annual General Meeting of the Company.