The Board at its meeting held today recommended dividend for FY 2024-25, of Rs 5/- on fully paid up equity shares of Rs 10/- each for the approval of shareholders
Awaiting price reaction for this filing.
Gujarat State Petronet Ltd's Board of Directors, at a meeting held on 22nd May 2025, recommended a dividend of Rs 5 per equity share on each share with a face value of Rs 10 (i.e., 50% of face value) for FY 2024-25. The dividend is subject to shareholder approval. The Board meeting commenced at 12:00 p.m. and concluded at 1:00 p.m. The company has shared this outcome with both BSE (Code: 532702) and NSE (Code: GSPL) under SEBI Listing Regulations.
This is a standard annual dividend declaration awaiting shareholder approval. Shareholders holding shares on the record date (to be announced) will receive Rs 5 per share. The 50% dividend on face value is a routine payout, and the actual yield for investors will depend on the prevailing share price.