Chairman & Managing Director, BEL, M V Gowtama, presented the 105 per cent third and final dividend cheque of Rs. 159.91 crore, payable on the shares held by the President of India and Government nominee, to the Defence Minister, Nirmala Sitharaman. The first Interim dividend of 30 per cent (on face value of Rs. 10 per equity share) was paid to the Government in January 2017 and the second interim dividend of 90 per cent (on face value of Re. one per equity share) was paid to the Government in March 2017.