DEFENCE INDUSTRY

Defence Minister receives Rs. 224 Crore as Second Interim Dividend from BEL for FY 2022-23

New Delhi. Bharat Electronics Ltd. (BEL), a Navratna Defence PSU, presented the second interim dividend cheque of Rs. 224,27,53,160.40/- to Defence Minister Rajnath Singh in New Delhi on March 27. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022 – 23.

Defence Minister Rajnath Singh receiving second interim dividend cheque of Rs. 224.27 crore for Financial Year 2022-23 from the Chairman & Managing Director of Bharat Electronics Limited, Mr. Bhanu Prakash Srivastava, in New Delhi on March 27. The Defence Secretary, Mr. Giridhar Aramane is also seen.

This is the 20th consecutive year that BEL is paying Interim Dividend. BEL has paid 60% percent as First Interim Dividend (Rs. 0.60/- per share) in February 2023 to its shareholders for the financial year 2022 – 23. It has also paid a total dividend of 450% on its paid-up capital for the financial year 2021 – 22.

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