HAL PAYS SECOND INTERIM DIVIDEND OF RS 376.93 CRORE TO GOVT

Defence Public Sector Undertaking (DPSU) Hindustan Aeronautics Limited (HAL) paid the second interim dividend of Rs 376.93 crore for the Financial Year (FY) 2020-21 to the government. The dividend cheque was handed over to Defence Minister Rajnath Singh by the Chairman and Managing Director (CMD) of HAL R. Madhavan and Director (Finance), HAL C.B. Ananthakrishnan in the presence of Secretary-Defence Production Raj Kumar in New Delhi on Wednesday.

The company had declared the second interim dividend of Rs15 per equity share of Rs10 each amounting to Rs 501.58 crore on February 26, 2021, in addition to the first interim dividend of Rs15 per equity share of Rs 10 each amounting to Rs 501.58 crore already declared on December 09, 2020, totalling Rs 1,003.16 crore which included Government share of Rs 753.88 crore.

Ashish Singh

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