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BHEL pays record dividend of Rs 196 cr

Our Bureau

New Delhi , Oct. 7

BHARAT Heavy Electricals Ltd (BHEL) has paid the highest ever dividend of 80 per cent, amounting to Rs 195.81 crore, for 2004-05, an official release said.

This includes an interim dividend of 35 per cent paid in December 2004. With this, BHEL has maintained its track record of paying dividends uninterruptedly for the last 29 years, the release said.

A cheque amounting to Rs 74.59 crore, corresponding to the payment of 45 per cent final dividend on the equity held by the Government, was presented to Mr Santosh Mohan Dev, Minister of State for Heavy Industries and Public Enterprises, by Mr Ashok K. Puri, CMD, BHEL.

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