Bharat Dynamics pays final dividend of Rs 35 crore to government

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Bharat Dynamics Limited (BDL), a Hyderabad based Defence Public Sector Undertaking, has paid final dividend of Rs 35.018 crore to the government of India.

Commodore Siddharth Mishra (Retd), Chairman and Managing Director, BDL presented cheque for Rs 35.018 Crore, being the final dividend pertaining to Government of India shareholding in BDL, to the Defence Minister Rajnath Singh in New Delhi on Tuesday. Department of Defence Production (DDP)’s Secretary Raj Kumar and the Ministry of Defence (MoD)’s Joint Secretary (Aero) Chandraker Bharti were also present on the occasion.

BDL has declared final dividend of Rs 2.55 per share of Rs 10/- each for the financial year 2019-2020. The final dividend declared by the Company works out to 25.5 per cent of the paid up share capital of Rs 183.28 Crore.

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