Mahanagar Gas Limited has informed the Exchange that Record date for the purpose of Final Dividend is 14-Aug-2025.
MGL · price
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Mahanagar Gas Limited (MGL) has fixed Thursday, August 14, 2025 as the record date to determine shareholders eligible for the final dividend for FY 2024-25. The Board had recommended a final dividend of Rs. 18 per equity share on a face value of Rs. 10 (180%) at its May 6, 2025 meeting, subject to shareholder approval. The Annual General Meeting is scheduled for August 22, 2025, and the dividend will be paid within 30 days of the AGM, after applicable tax deduction at source.
Shareholders holding MGL shares as of the record date (August 14, 2025) will be entitled to the Rs. 18 per share final dividend. The stock may see some near-term interest from dividend-seeking investors, though the event itself is largely procedural confirmation of an already-recommended dividend.