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

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.