BSEHighPositive
Announced Tue, 27 May · 22:43 IST

Board approved the convene 20th Annual General Meeting of the Company on June 25, 2025 and fixed Record Date on June 13, 2025 for the purpose of determining entitlement of dividend for ....

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Adani Total Gas has approved holding its 20th Annual General Meeting on June 25, 2025 via video conferencing. The Board has fixed June 13, 2025 as the record date to determine shareholders eligible for the dividend. A dividend of Re. 0.25 per equity share (on face value of Re. 1) has been recommended for FY 2024-25, subject to shareholder approval at the AGM. The dividend, if approved, will be paid on or after June 26, 2025 after deducting applicable taxes.

Likely market impact

The dividend of Re. 0.25 is a token payout translating to a negligible yield at current market price, offering little tangible benefit to shareholders. Investors should focus on the AGM for any strategic updates or business outlook for FY26.