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BHEL pays final dividend worth Rs88 crore for FY2021-22 to Central Governemnt

23 Nov 2022 , 09:20 AM

Bharat Heavy Electricals Limited (BHEL) informed to the exchanges that it has paid a final dividend of Rs88 crore for the year 2021-22 to the Govt. of India.

To this effect, a cheque towards the final dividend on the equity (63.17%) 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), the company said.

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 2021- 22 amounts to over Rs139 crore.

At around 9:17 AM, Bharat Heavy Electricals Ltd is currently trading at Rs74.50 per share up by Rs0.5 or 0.68% from its previous closing of Rs74 per share on the BSE.

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