Date: March 5, 2025
Bharat Electronics Limited (BEL), a leading defense and electronics company in India, has announced the payment details for the Interim Dividend for the financial year 2024-25. The company’s Board of Directors, in a meeting held on March 5, 2025, approved an interim dividend of ₹1.50 per equity share (representing 150% of the face value of ₹1 per share).
Dividend Payment Schedule
BEL has confirmed that the Interim Dividend will be paid on March 27, 2025, to all eligible shareholders who hold shares as per the record date.
Key Details of the Interim Dividend Announcement:
- Dividend Per Share: ₹1.50 per equity share
- Percentage of Face Value: 150%
- Face Value of Share: ₹1 per equity share
- Board Meeting Date: March 5, 2025
- Payment Date: March 27, 2025
The company has informed stock exchanges and shareholders about the dividend declaration in compliance with regulatory requirements. The record date, which determines eligible shareholders for receiving the dividend, has been set as per the guidelines issued by the company.
Company’s Performance & Shareholder Benefits
Bharat Electronics Limited has consistently rewarded its shareholders through regular dividend payments. The 150% interim dividend payout reflects the company’s strong financial performance and commitment to delivering value to its investors. BEL’s continued growth in the defense and electronics sector has contributed to its ability to sustain attractive returns for shareholders.
Market Impact & Investor Reactions
Following the announcement, market analysts expect positive sentiment around BEL’s stock, as dividends often indicate financial stability and profitability. Investors tracking the defense and electronics sector consider BEL a key player with strong government backing and strategic contracts in critical areas of national security.
Official Statement from BEL
In an official statement, the company’s Secretary, S. Sreenivasan, stated:
“In continuation of our earlier announcement dated March 5, 2025, we wish to inform you that the interim dividend of ₹1.50 per equity share for the financial year 2024-25, as declared in the Board meeting, will be paid on March 27, 2025, to all eligible shareholders. This communication is for your information and records.”
BEL has advised shareholders to ensure that their bank account details and Demat accounts are updated to facilitate smooth dividend payments.
Conclusion
Bharat Electronics Limited’s decision to distribute an interim dividend of 150% underscores its robust financial position and shareholder-friendly approach. Investors will be keen to see how the company’s future growth plans align with government initiatives in defense and electronics manufacturing.
For further details, shareholders and investors are advised to check the official stock exchange filing or visit the company’s website.
https://www.bseindia.com/xml-data/corpfiling/AttachHis/37787c13-c8df-425f-b3d0-ac4bd05cc9ca.pdfbse filing