BEL pays 159.91 Cr final dividend to GoI for 2016-17

Mr Gowtama M V, Chairman & Managing Director, BEL, presented the 105% Final Dividend cheque of Rs. 159,91,95,056.55/- (Rupees One hundred fifty-nine crores ninety one lakh ninety-five thousand fifty-six and fifty-five paise only), payable on the shares held by the President of India and Government nominee, to the Hon’ble Defence Minister, Mrs Nirmala Sitharaman, at New Delhi on November 10, 2017. The first Interim Dividend of 30% (on face value of Rs. 10 per equity share) was paid to the Government of India in January 2017 and second Interim Dividend of 90% (on face value of Re. 1 per equity share) was paid to the Government of India in March 2017.