GSPLNSEGujarat State Petronet Limited· GasMinimalNeutral
Announced Tue, 26 Aug · 15:35 IST

Gujarat State Petronet Limited has informed the Exchange about Copy of Newspaper Publication

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat State Petronet Limited has submitted copies of newspaper advertisements published in Financial Express (English) and Gandhinagar Samachar (Gujarati) regarding its 27th Annual General Meeting (AGM). The AGM is scheduled for Tuesday, 23 September 2025 at 3:00 PM IST and will be held via Video Conference (VC) / Other Audio Visual Means (OAVM). The Board has recommended a dividend of ₹6.00 per share (60%) on a face value of ₹10 for the financial year ended 31 March 2025, subject to shareholder approval. The record date for determining dividend eligibility has been fixed as Wednesday, 17 September 2025. Shareholders have been asked to update their PAN, email, mobile number, and bank mandate details by 12 September 2025 to receive dividends on time and avoid higher TDS deduction. The company is also providing remote e-voting and e-voting during the AGM facilities.

Likely market impact

This is a routine procedural filing under SEBI Regulation 30. The confirmed 60% dividend is a mild positive for income-seeking shareholders, though it was already announced earlier. The AGM date and record date give shareholders clarity on participation and dividend eligibility. No material business or strategic update is included.