Business Standard

Bharat Dynamics pays Rs 92 crore interim dividend to Central govt

Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking on Monday had paid an interim dividend of Rs 92.008 crore to the government of India

Bharat Dynamics Ltd Akash Weapon System

Attendees stand in front of Bharat Dynamics Ltd Akash Weapon System

ANI General News

Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking on Monday had paid an interim dividend of Rs 92.008 crore to the government of India.

According to the official release, BDL declared payment of interim dividend for the financial year 2020-21 at Rs 6.70 a share of the face value of Rs 10 each. The interim dividend declared by the firm works out to 67 per cent of the paid up share capital of Rs 183.28 crore.

Commodore Siddharth Mishra (Retd), Chairman and Managing Director, BDL handed over the cheque for Rs 92.008 Crore, being the interim dividend pertaining to the Government of India shareholding in BDL, to Defence Minister Rajnath Singh at New Delhi on Monday.

 

Raj Kumar, Secretary (Defence Production), Anurag Bajpai, Joint Secretary (P & C) from Ministry of Defence and Commodore TN Kaul (Retd), Executive Director (Mktg) and Colonel Ravi Prakash (Retd), Deputy General Manager (Liaison) from BDL were present on the occasion.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 23 2021 | 12:45 PM IST

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