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Mahanagar Gas Ltd ( (IN:MGL) ) has issued an update.
Mahanagar Gas Limited has announced that the record date for determining shareholders’ entitlement to the final dividend for the financial year 2024-25 is set for August 14, 2025. The Board of Directors recommended a final dividend of Rs. 18 per equity share, which is subject to shareholder approval at the upcoming AGM on August 22, 2025. If approved, the dividend will be distributed within 30 days post-AGM, impacting shareholders and reflecting the company’s financial health and commitment to returning value to its investors.
More about Mahanagar Gas Ltd
Mahanagar Gas Limited operates in the energy sector, primarily focusing on the distribution of natural gas. The company provides compressed natural gas (CNG) and piped natural gas (PNG) to various sectors, including domestic, commercial, and industrial users, primarily in the Mumbai metropolitan region.
Average Trading Volume: 27,724
Technical Sentiment Signal: Strong Buy
Current Market Cap: 137.3B INR
Find detailed analytics on MGL stock on TipRanks’ Stock Analysis page.