Intimation of Record Date for the Dividend for the financial year 2024-25
Awaiting price reaction for this filing.
Adani Total Gas has fixed Friday, June 13, 2025 as the record date to determine shareholders eligible for a dividend of Re. 0.25 per equity share (face value Re. 1) for FY 2024-25. The 20th Annual General Meeting is scheduled for June 25, 2025 via video conferencing, where shareholders will approve the dividend. If approved, dividend payments will be made on or after June 26, 2025, after applicable tax deduction at source. The announcement follows the Board Meeting held on April 28, 2025, where the dividend proposal was initially approved.
Shareholders holding ATGL shares as of the record date (June 13, 2025) will be eligible to receive the Re. 0.25 per share dividend upon approval at the AGM. The modest dividend amount (25 paise on a Re. 1 face value) suggests a token payout rather than a significant yield driver for investors.