Public sector defence manufacturer Bharat Electronics Limited (BEL) has paid a total dividend of 200 per cent to Government of India for financial Year 2017-18.
M V Gowtama, chairman and managing director of BEL presented the 40 per cent final dividend cheque for Rs. 64.41 crore for the year 2017-18, payable on the shares held by the President of India, to defence minister Nirmala Sitharaman in New Delhi on Thursday.
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Interim dividend of 160 per cent (on face value of Re. 1 per equity share) was paid by the company to Government of India in February 2018.
