COMPANY LAW
| BHEL to consider interim dividend Fri, 04 Mar 2011 15:34:56 +0530 |
| Bharat Heavy Electricals (BHEL), a state-owned capital goods company, has said that its board will meet on 15 March to consider interim dividend for the financial year 2010-11. The company has fixed 21 March as the record date to ascertain the names of the shareholders. The company had paid a last dividend of Rs 12.30 a share as a final dividend in September last year. The last interim dividend was of Rs 11 a share in February last year. BHEL had posted a net profit of Rs 1,403.20 crore for the quarter ended 31 December. This was a rise of 31% against its previous corresponding profit of Rs 1,072.59 crore. On the Bombay Stock Exchange, the shares of the company were trading at Rs 2,087.95, down 1.81% at IST 15 |
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