New Delhi [India], October 27 (ANI): Defence Public Sector Undertaking (DPSU) Bharat Electronics Limited (BEL) has paid a total dividend of 400 per cent on its paid-up capital to the Government for Financial Year 2020-21, informed the Ministry of Defence on Wednesday.

Chairman and Managing Director (Additional Charge), BEL, Anandi Ramalingam presented the 120 per cent final dividend cheque for Rs 149.52 crore, payable on the shares held by the President of India, to Raksha Mantri Rajnath Singh in New Delhi.

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The Ministry said the total dividend paid to the government stands at Rs 498.38 crore. There has been a 43 per cent increase from FY 2019-20 despite the COVID-19 pandemic.

Earlier, the Company had paid two interim dividends of Rs 174.43 crore each consisting of 140 per cent on the face value of Rupee one per equity share in February and March 2021. (ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)