BEL Pays $6.7 Million Interim Dividend To Indian Government
08:38 AM, March 11, 2016
BEL Chairman S K Sharma Hands Over Cheque to Indian Defense Minister Manohar Parrikar
Indias state-owned Bharat Electronics Ltd (BEL) has paid 25% Interim Dividend of INR.45 crores ($6.7 million) to the Government of India for the year 2015-16.
S K Sharma, CMD, BEL, presented the Interim Dividend (payable on the shares held by the President of India and Government nominees) cheque to the Defence Minister, Manohar Parrikar, at New Delhi on March 4, 2016.
This is the 12th consecutive year that BEL is paying Interim Dividend. The Company had paid 292% Dividend in the year 2014-15 (60% Interim Dividend in February, 2015, and 232% Final Dividend in October, 2015).
Indias Bharat Electronics (BEL) will showcase its indigenisation efforts at the ‘Make in India Week to be held from February 13-18, 2016, at the MMRDA Grounds, Bandra-Kurla Complex, Mumbai.
BEL will showcase ‘Akash surface-to-air missile system,...
Bharat Electronics (BEL) has established an Integrated Test Bed Facility for missile and weapon Systems Integration at Bangalore.
The ITBF is a first-of-its-kind in India for testing and integration of missile and weapon Systems
Indias Bharat Electronics (BEL) will allow private defense entities to use its test facilities.
BEL has prepared a policy to allow private defense entities to use its test facilities, the company said in a statement Thursday...