New Delhi. 27 March 2023. Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has paid Interim Dividend of 60% on its paid-up capital to the Government of India for the financial year 2022-23.
Bhanu Prakash Srivastava, Chairman & Managing Director, BEL, presented the second Interim Dividend cheque of Rs. 224,27,53,160.40/- (Rupees Two Hundred Twenty four Crore Twenty Seven Lakh Fifty three Thousand One Hundred and Sixty Point Four Zero Only), payable on the shares held by the President of India, to the Defence Minister, Rajnath Singh. BEL has declared 60% percent as Second Interim Dividend (Rs. 0.60/- per share) to its shareholders for the financial year 2022-23.
This is the 20th consecutive year that BEL is paying Interim Dividend. BEL has paid 60% per cent as First Interim Dividend (Rs. 0.60/- per share) in February 2023 to its shareholders for the financial year 2022-23. BEL has paid a total dividend of 450% on its paid up capital for the financial year 2021-22.