Monday, December 9th, 2019

Navratna Defence PSU Bharat Electronics Limited declared 60 per cent interim dividend

INVC,, Delhi,, Navratna Defence PSU Bharat Electronics Limited (BEL) has declared 60 per cent interim dividend (` 6/- per share) to its shareholders for the year 2010-11. Mr Ashwani Kumar Datt, Chairman and Managing Director, BEL, presented the interim dividend cheque for ` 36, 41, 37, 600 to the Defence Minister Shri AK Antony here today. Shri RK Singh, Secretary (Defence Production), Shri Satyajeet Rajan, Joint Secretary (ES), and Shri M G Raghuveer, Director (Finance), BEL were also present on this occasion. This is the seventh consecutive year that BEL is paying interim dividend. BEL is one of the few select PSUs consistently paying dividend to the Government. The Company paid 192 per cent dividend in 2009-10 (60 per cent interim dividend in February 2010) and 132 per cent final dividend in October 2010.

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