BHEL pays 40% Interim Dividend on enhanced equity capital, post-bonus, for fiscal 2017-18

Sarkaritel
By Sarkaritel February 28, 2018 12:25


New Delhi, February 28: Bharat Heavy Electricals Limited (BHEL) has paid an interim dividend of 40%, on the enhanced equity capital, post-bonus, for fiscal 2017-18. In value terms, the dividend paid amounts to Rs.293.71 Crore. With this, the company has maintained its impeccable track record of rewarding investors by paying dividends uninterruptedly for over four decades.

A cheque of Rs.185.21 Crore towards the interim dividend for the year 2017-18 on the equity (63.06%) held by the Government of India, was presented here to Sh. Anant G. Geete, Hon’ble Union Minister of Heavy Industries  & Public Enterprises and Sh. Babul Supriyo, Hon’ble Minister of State for Heavy Industries & Public Enterprises, by Sh. Atul Sobti, Chairman and Managing Director, BHEL. 

Directors on the board of BHEL and senior officials of the Ministry were also present on this occasion.

Sarkaritel
By Sarkaritel February 28, 2018 12:25