BHEL Pays ₹88 Cr Final Dividend For FY23 To Government Of India

BHEL Pays ₹88 Cr Final Dividend For FY23 To Government Of India

Significantly, the total dividend paid to the company's shareholders for FY 2022-23 amounts to over Rs.139 Crore.

FPJ Web DeskUpdated: Thursday, October 05, 2023, 03:10 PM IST
article-image
BHEL Pays ₹88 Cr Final Dividend For FY23 To Government Of India | Image: BHEL (Representative)

Bharat Heavy Electricals Limited (BHEL) has paid a final dividend of Rs.88 Crore for the year 2022-23 to the Government of India, the company announced on Thursday through an exchange filing.

To this effect, a cheque towards the final dividend on the equity (63.17 per cent) held by the Government of India, was presented to Dr. Mahendra Nath Pandey, Hon’ble Union Minister of Heavy Industries by Dr. Nalin Shinghal, Chairman and Managing Director, BHEL, in the presence of Sh. Kamran Rizvi, Secretary (HI).

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

Significantly, the total dividend paid to the company's shareholders for FY 2022-23 amounts to over Rs.139 Crore.

BHEL Shares

The shares of BHEL on Thursday afternoon at 3:08 pm IST were trading at Rs 127.65, down by 0.08 per cent.

RECENT STORIES

JSW Steel Q1 Net Profit Jumps 47% To ₹2,209 Crore Despite 3.7% Drop In Revenue To ₹43,147 Crore

JSW Steel Q1 Net Profit Jumps 47% To ₹2,209 Crore Despite 3.7% Drop In Revenue To ₹43,147 Crore

Sensex Tanks 501 Points, Bank Stock Selloff & FII Outflows Drag Markets

Sensex Tanks 501 Points, Bank Stock Selloff & FII Outflows Drag Markets

Axis Bank Names Neeraj Gambhir Executive Director, Appointment Approved For 3-Year Term

Axis Bank Names Neeraj Gambhir Executive Director, Appointment Approved For 3-Year Term

PM Modi Launches ₹7,217 Cr Projects In Bihar, Announces ₹15,000 Incentive For First-Time Private...

PM Modi Launches ₹7,217 Cr Projects In Bihar, Announces ₹15,000 Incentive For First-Time Private...

Axis MF's B. Gopkumar Advocates Long-Term Investing, Champions Simple Finance & Inclusive Growth...

Axis MF's B. Gopkumar Advocates Long-Term Investing, Champions Simple Finance & Inclusive Growth...