BDL Pays The Final Dividend To The Government
Secunderabad, 08 Nov 2023: Bharat Dynamics Limited (BDL), has paid a final dividend of Rs 16.479 Crore for the Financial year 2022 – 23 to the Government of India.
Commodore A Madhavarao (Retd), CMD, BDL presented cheque for Rs 16.479. Crore, being the final dividend pertaining to the Government of India shareholding in BDL, to Shri Rajnath Singh, Hon’ble Raksha Mantri at New Delhi today.
BDL has declared a final dividend of Rs 1.20 per equity share of Rs 10 /- each for the financial year 2022 – 23. The final dividend declared by the Company works out to 12 % of the paid-up share capital of Rs 183.28. Crore.
Earlier, during March this year, an interim dividend of Rs 8.15 per share amounted to Rs 111.92. Crore was paid by BDL to the Government of India for the financial year 2022- 23 towards Government of India’s shareholding in BDL.
With this, the total dividend paid by BDL to Government of India for the financial year 2022 – 23 amounts to Rs 128.40 Crore.
Shri Shalabh Tyagi, Joint Secretary (P&C), Ministry of Defence, and Shri N Srinivasulu, Director (Finance), BDL were also present on the occasion.
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