Rajnath Singh to Review 16 Defence PSUs, Receives Dividend Cheques
Rajnath Singh will review 16 DPSUs on Sept 1, 2026; dividend cheques from seven PSUs; FY26 turnover up 15.4%.
Defence Minister Rajnath Singh will conduct the annual performance review of 16 Defence Public Sector Undertakings (DPSUs) in New Delhi on September 1, 2026. The review will focus on fostering indigenous technology development and boosting defence exports.
During the event, the Chairmen and Managing Directors (CMDs) of seven DPSUs—Hindustan Aeronautics Limited (HAL), Mazagon Dock Shipbuilders Limited (MDL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL), Garden Reach Shipbuilders & Engineers Limited (GRSE), BEML, and MIDHANI—will present dividend cheques to the Minister for the government's equity shares for the financial year 2025-26.
Singh will also release four publications: 'Aatmanirbhar DPSU - A journey of DPSUs towards Self-Reliance', DISHA (an initiative for students' hands-on awareness on defence technologies and modern manufacturing), and the modernisation and indigenisation roadmaps of HAL.
The DPSUs have reported strong financial performance for FY 2025-26. Their combined turnover reached Rs 1.29 lakh crore, a 15.4% increase over the previous year. Cumulative profit after tax stood at Rs 23,136 crore, up 15.6% year-on-year. Notably, exports surged by 151.2% compared to FY 2024-25.