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BEL pays 112% dividend

Our Bureau

Bangalore , Oct. 14

BHARAT Electronics Ltd has paid its highest-ever dividend of 112 per cent for fiscal 2004-05.

The Chairman and Managing Director, Mr Y. Gopala Rao, presented the dividend cheque of Rs 43.69 crore to the Defence Minister in New Delhi on Thursday. This was the final dividend of 72 per cent payable to the Centre for 2004-05, a release said. The 40 per cent interim dividend of Rs 24.27 crore was paid in December 2004.

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