MGLNSEMahanagar Gas LimitedLowNeutral
Announced Thu, 31 Jul · 22:33 IST

Mahanagar Gas Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 22, 2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahanagar Gas Limited has filed the notice for its 30th AGM, scheduled for Friday, August 22, 2025 at 3:00 PM via video conferencing. The record date and e-voting cut-off date is August 14, 2025, with remote e-voting open from August 19 to August 21, 2025. The accompanying FY25 Integrated Annual Report highlights record revenue of ₹7,590 crore, EBITDA of ₹1,510 crore, and net profit of ₹1,045 crore — a 34% revenue CAGR over FY21–FY25. The Board has recommended a final dividend of 180% (₹18 per share), on top of the 120% interim dividend (₹12 per share) already paid in January 2025, taking total FY25 dividend to 300% (₹30 per share). The network now spans 7,822 km of pipeline and 467 CNG stations serving roughly 32 lakh households and over 5,100 industrial/commercial customers, with subsidiary UEPL contributing positively.

Likely market impact

Routine AGM filing — shareholders should note the August 14 record date to be eligible for the final dividend and the August 19–21 e-voting window for exercising voting rights. Strong FY25 numbers and a ₹30 total dividend per share underline healthy shareholder returns.