New Delhi, 15 April 2023: Hindustan Aeronautics Limited (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 FY 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 FY 2022-23.
HAL has been consistently paying higher dividends year after year and believes in creating value for its shareholders.