BEL pays 40% final dividend to govt, total at 200%

Navratna defence PSU Bharat Electronics (BEL) has paid a 40 per cent more dividend to the Government of India, taking the total dividend for FY18 to 200 per cent.

The final dividend cheque of Rs 41.41 crore for last fiscal was handed over on Thursday to defence minister Nirmala Sitharaman by MV Gowtama, chairman & managing director of BEL. The interim dividend of 160 per cent, on a face value of Re 1 per equity share, was paid to the GoI in February this year.