HAL has presented the second interim dividend of ₹377 crore (78.21 per cent) of the paid-up share capital (₹482 crore) to the government. T Suvarna Raju, CMD, HAL, handed over the cheque to Manohar Parrikar, Defence Minister, at the on-gong Defexpo. The total dividend payment for 2015-16 works out to ₹510 crore (105.81 per cent) of the paid-up share capital (₹482 crore), excluding dividend distribution tax of ₹103.82 crore. Ashok Kumar Gupta, Secretary, Defence Production, and other senior officials from MoD and HAL were present on the occasion.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.