The Board of Directors of Mahanagar Gas Limited (MGL) at its meeting held on May 24, 2021, has declared Final Dividend of Rs 14 per equity share. The Board Meeting Commenced at 3:30 P.M. and Concluded at 7:45 P.M.
Mahanagar Gas Ltd Quarterly Result
The company’s net profit rose 27.72% to Rs 212.77 cr in the quarter ended March 2021 as against Rs 166.59 cr during the previous quarter ended March 2020. Sales rose 4.53% to Rs 717.66 cr in the quarter ended March 2021 as against Rs 686.55 cr during the previous quarter ended March 2020.
Similar Posts
- Reliance Industries Ltd Declares Final Dividend of Rs 7
- BPCL Declares Final Dividend of Rs 58 for FY 2020-21
Mahanagar Gas Limited Dividend Record Date
The company in its letter has informed the exchanges that it has fixed (—) as the Record date. In addition, the declared dividend will be paid on (—).
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.
Above all, here is the copy of statement, the company has sent to the exchanges:
We wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Monday, May 24, 2021 has recommended Final Dividend of Rs. 14/- per equity share having face value of Rs. 10/- each for the Financial Year ended March 31, 2021.
Important Dates
- Company – Mahanagar Gas Limited
- Script Name – MGL (NSE) and 530999 (BSE)
- Dividend Amount – 14 Rs Per Share
- Dividend Type – Final
- Ex-Dividend Date – NA
- Record Date – NA
- Payment Date – NA
Also, you can find more information about Mahanagar Gas Ltd on National Stock Exchange and Moneycontrol – Mahanagar Gas is an Indian natural gas distribution company & is an enterprise of GAIL (India) Limited (Maharatna Company of Govt. of India) and Government of Maharashtra.
