BEL pays Rs. 262 cr Interim Dividend to Govt

Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid an Interim Dividend of Rs.2,62,29,12,635.20/- (Rupees Two Hundred and Sixty Two  Crores Twenty Nine Lakhs Twelve Thousand Six Hundred Thirty Five and Twenty Paise only) to the Government of India for the year 2017-18.  M V Gowtama, CMD, BEL, presented the Interim Dividend cheque to the  Raksha Mantri, Mrs Nirmala Sitharaman, at New Delhi on March 15, 2018. BEL has declared 160% Interim Dividend (Rs. 1.60/- per share) to its shareholders for the year 2017-18. This is the 14th consecutive year that BEL is paying Interim Dividend. The Company has paid a total dividend of 225% on its paid up capital for the year 2016-17.