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The Hindu
The Hindu
National
Special Correspondent

HAL pays ₹653 cr. dividend to Centre

HAL R Madhavan

Hindustan Aeronautics Limited (HAL) paid the second interim dividend of ₹653.36 crore in 2021-22 to the Union Government.

The dividend cheque was handed over to Defence Minister Rajnath Singh by R. Madhavan, CMD, HAL, and C.B. Ananthakrishnan, Director (Finance), HAL, in the presence of Ajay Kumar, Defence Secretary in Delhi on Tuesday, according to a press release.

The company had declared the second interim dividend of ₹26 per equity share of ₹10 each amounting to ₹869.41 crore on February 10, 2022, in addition to the first interim dividend of ₹14 per equity share of ₹10 each amounting to ₹468.14 crore earlier declared on November 11, 2021, total amounting to ₹1,337.55 crore which included the Centre's share of ₹1,005.17 crore, the release added.

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