Defence Monitor

PSU Bharat

BEL pays Rs. 64.41 Cr Final Dividend to Govt

BEL pays Rs. 64.41 Cr Final Dividend to Govt

New Delhi: Navratna Defence PSU Bharat Electronics Ltd (BEL) has paid a total dividend of 200% to the Government of India for FY 2017-18. Mr M V Gowtama, Chairman & Managing Director, BEL, presented the 40% Final Dividend cheque for Rs. 64,41,62,053.20/- (Rupees Sixty-four crores Forty-one lakhs Sixty-two thousand Fifty-three and paise Twenty only), for the year 2017-18, payable on the shares held by the President of India and Government nominee, to the Hon’ble Raksha Mantri, Mrs Nirmala Sitharaman, at New Delhi today, November 15, 2018. The Interim Dividend of 160% (on face value of Re. 1 per equity share) was paid…
Read More
Hon’ble Defence Minister inaugurates BEL Representative Office in Vietnam

Hon’ble Defence Minister inaugurates BEL Representative Office in Vietnam

Hanoi, Vietnam: The Hon’ble Defence Minister, Smt Nirmala Sitharaman, today inaugurated the first Representative Office of Navratna Defence PSU Bharat Electronics Limited (BEL) in Vietnam. Smt Nirmala Sitharaman handed over the symbolic key of the Representative Office of BEL at Vietnam (VIRO) to Mr Gowtama M V, Chairman & Managing Director, BEL, during the Vietnam-India Defence Industry Business Meeting held at Hotel Melia, Hanoi, today, in the presence of His Excellency Mr P Harish, Ambassador of India to the Socialist Republic of Vietnam, Dr Ajay Kumar, Secretary (Defence Production), and other senior officials of India and Vietnam Defence forces. VIRO is…
Read More