Thursday, December 7, 2023


    HomeHyderabadBDL distributes last dividend to the Centre

    BDL distributes last dividend to the Centre

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    Bharat Dynamics Limited (BDL) has paid a final dividend of Rs 16.479 Crore for the Financial year 2022 – 23 to the Centre. Commodore A Madhavarao (Retd), CMD, BDL presented a cheque for Rs 16.479 crore, being the final dividend to the Government of India shareholding in BDL, to Rajnath Singh, Raksha Mantri at New Delhi on Wednesday.

    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 comes to 12 per cent of the paid-up share capital of Rs 183.28. crore.

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    Earlier, during March this year, an interim dividend of Rs 8.15 per share, amounting to Rs 111.92 crore was paid by BDL to the Centre for the financial year 2022- 23 towards its shareholding in BDL.

    With this, the total dividend paid by BDL to the Government of India for the financial year 2022 – 23 amounts to Rs 128.40 Crore.

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    Shalabh Tyagi, Joint Secretary (P&C), Ministry of Defence and N Srinivasulu, Director (Finance), BDL present on the occasion.

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