BEL pays over Rs 149cr dividend, totalling Rs 498cr for FY 2020-21

Defence the Public Sector Undertaking (DPSU) Bharat Electronics Limited (BEL) has paid a total dividend of 400 percent on its paid-up capital to the Government for Financial Year 2020-21.

Chairman and Managing Director (Additional Charge), BEL Smt Anandi Ramalingam presented the 120 percent final dividend cheque for Rs 149.52 crore, payable on the shares held by the President of India, to Raksha Mantri Shri Rajnath Singh in New Delhi on October 27, 2021.

The total dividend paid to the Government stands at Rs 498.38 crore. There has been a 43 percent increase from FY 2019-20 despite the COVID-19 pandemic. 

Earlier, the Company had paid two interim dividends of Rs 174.43 crore each consisting of 140 percent on the face value of Rupee one per equity share in February and March 2021. (PIB)