MGL shares in focus, Board to hold meet on 28 Jan for FY results, interim dividend

MGL shares in focus, Board to hold meet on 28 Jan for FY results, interim dividend

Natural Gas Distributor, Mahanagar Gas Limited shares to get focus as company announces that the meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, January 28, 2025, inter-alia to transact the following businesses:

1. to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2024

2. to consider and approve declaration of Interim Dividend to the equity shareholders.

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The said Interim dividend, if declared, shall be paid to those equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on Friday, January 31, 2025 which is the record date fixed for the purpose, the company said in an exchange filing.

Mahanagar Gas Limited is an Indian natural gas distribution company, incorporated on 8 May 1995. Shares of the company were trading in the red zone lower by 0.9 percent.

It is an enterprise of GAIL (India) Limited (Maharatna Company of Government of India) and Government of Maharashtra.

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