Adani Total Gas Ltd Declares Dividend of Rs 0.25

Adani Total Gas Ltd Declares Dividend of Rs 0.25

The Board of Directors of Adani Total Gas Ltd (ATGL) at its meeting held on 4 May 2021, has declared Dividend of Rs 0.25 per equity share. The Board meeting commenced at 4.00 p.m. and concluded at 4.50 p.m.

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Adani Total Gas Ltd Quarterly Result

The company announced strong Q4 results on 4 May 2021. Its consolidated net profit jumped 18.6% to Rs 144.82 crore on 26.4% surge in net sales to Rs 584.48 crore in Q4 FY21 over Q4 FY20. Revenue from Operations stood at Rs 1784 cr in FY21 vs Rs 1991 cr in FY20.

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Adani Total Gas Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 25 June 2021 as the Record date. Payment of dividend will be made to those shareholders whose names appear as Beneficial Owners as at the close of business hours on Friday, 25 June 2021.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – If you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

With reference to above, we hereby submit / inform that the Board has recommended Dividend of Re. 0.25/- per Equity Share of face value of Re. 1/- each fully paid up for the Financial Year 2020-21, subject to approval by shareholders of the Company.

Important Dates

  • Company – Adani Total Gas Ltd
  • Script Name – ATGL (NSE) and 542066 (BSE)
  • Dividend Amount – 0.25 Rs Per Share
  • Dividend Type – Final
  • Ex-Dividend Date – 24 June 2021
  • Record Date – 25 June 2021
  • Payment Date – Within 30 days

Also, you can find more information about Adani Total Gas Ltd on National Stock Exchange and Moneycontrol – Adani Total Gas is one of India’s leading private players in developing City Gas Distribution (CGD) networks to supply Piped Natural Gas (PNG) to Industrial, Commercial, Domestic (residential) customers and Compressed Natural Gas (CNG) to the transport sector.

 

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