May 22, 2024

BENGALURU EXPRESS

Truth Triumphs

HAL pays 2nd interim dividend to GOI

Rs. 502.58 crore dividend paid for 2022-23

Bengaluru, April 10: HAL has paid the second interim dividend of Rs 502.58 crores to the Government of India for the F.Y. 2022-23. The dividend cheque was handed over to the Raksha Mantri, Mr. Rajnath Singh by Mr C. B. Ananthakrishnan, Director (Finance) & CFO with Addl. Charge of CMD-HAL and Mr E.P. Jayadeva, Director (Operations) in the presence of Mr Giridhar Aramane, Defence Secretary and Mr T. Natarajan, Additional Secretary (Defence Production) in New Delhi today.

The Company had declared the second interim dividend of Rs 20 per equity share of Rs 10/- each fully paid up (200 percent) for the F.Y. 2022-23 in addition to the first interim dividend of Rs 20 per equity share of Rs 10/- each fully paid up. The total interim dividend paid to the GoI by HAL is Rs 1005.16 Crs in F.Y. 2022-23.

HAL has been consistently paying higher dividends year after year and believes in creating value for its shareholders.

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