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BHEL, the state run power equipment maker, has paid an interim dividend of 40 percent for 2016-17 that in value terms amounts to Rs 194.8 crore.
The company has said in a statement that with this, it has maintained its impeccable track record of earning profits and rewarding investors by paying dividends uninterruptedly for four decades without a break.
As per the statement, BHEL CMD Atul Sobti has presented a cheque of Rs 123.47 crore towards interim dividend for 2016-17 on the equity (63.06 percent) held by the central government to Heavy Industries Minister Anant Geete in the presence of Heavy Industries Secretary Girish Shankar.
The Directors of BHEL as well as other senior officials of the ministry were present.
