Karnataka govt stakeholder KSIIDC receives Rs 16.49 cr dividend from BIAL
Bengaluru, May 25 -- Bengaluru International Airport Limited on Monday handed over a dividend of Rs 16,49,93,400 (around Rs 16.50 crore) to the Karnataka State Industrial and Infrastructure Development Corporation (KSIIDC) for the financial year 2025-26, marking the first dividend payout by the airport operator since 2017-18.
The dividend cheque was received by Chief Minister Siddaramaiah from BIAL Chairman Hari Marar at an event held in Bengaluru. Large and Medium Industries Minister MB Patil, Chief Secretary Shalini Rajneesh and KSIIDC Managing Director Khushbu Goel were also present on the occasion.
According to Patil, BIAL declared a dividend of Rs 3 per share for FY2025-26, resulting in a total payout of Rs 16.49 crore to KSIIDC. A...
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