HAL pays Rs 502 cr second interim dividend to central govt

New Delhi, April 10 (Representative) HAL on Monday paid the second interim dividend of Rs 502.58 crores to the central government for FY 2022-23. The dividend cheque was handed over to the Raksha Mantri Rajnath Singh at a function here in Capital City, HAL said in a statement here.

The company had declared the second interim dividend of Rs 20 per equity share of Rs 10 each fully paid up (200 percent) for 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 central government by HAL is Rs 1005.16 crores in FY 2022-23. HAL has been consistently paying higher dividends year after year and believes in creating value for its shareholders.