Wednesday, May 29, 2024

HAL Pays Highest Dividend To GOI

By Staff Correspondent

HAL paid the second interim dividend of Rs. 653.36 crores for the FY 2021-22 to the Government of India. The dividend cheque was handed over to the Defence Minister, Mr. Rajnath Singh by Mr. R. Madhavan, CMD, HAL and Mr. C. B. Ananthakrishnan, Director (Finance), HAL in the presence of Dr. Ajay Kumar, Defence Secretary in Delhi today.

The Company had declared the second interim dividend of Rs. 26/- per equity share of Rs. 10/- each amounting to Rs. 869.41 crores on February 10, 2022, in addition to the first interim dividend of Rs. 14/- per equity share of Rs. 10/- each amounting to Rs. 468.14 crores earlier declared on November 11, 2021, total amounting to Rs. 1337.55 crores which included GoI share of Rs. 1005.17 crores.
 
“It is the highest dividend declared by the Company after listing of its shares on the Stock Exchange(s) and is more than what has been prescribed under DPE guidelines”, says Mr R. Madhavan. Mr. Sanjay Jaju, AS (DP), Mr.  Chandraker Bharti, JS (Aero), MoD and Mr. Alok Verma, Director (HR), HAL were also present on the occasion.


MUST READ

GALF-2024 Will Emphasize Passenger Experiences, Digitalization And Emerging Technologies

The 23rd Airport Show at the Dubai World Trade Centre (DWTC) in mid-May will feature the 10th Global Airport Leaders' Forum (GALF), which will discuss Passenger Experience, Digitalization, Innovation, Emerging Technologies, Manpower Development, Airport Security, and Air Traffic Management.
Delhi
haze
35.1 ° C
35.1 °
35.1 °
26 %
3.6kmh
40 %
Wed
47 °
Thu
46 °
Fri
46 °
Sat
45 °
Sun
44 °