Mahanagar Gas Limited has announced that it has fixed Tuesday, August 18, 2026, as the ‘Record Date’ for determining shareholder entitlement for the payment of its final dividend. This dividend, recommended at Rs. 18/- per equity share, is for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting scheduled for August 25, 2026.
Dividend Announcement
Mahanagar Gas Limited has formally set Tuesday, August 18, 2026, as the ‘Record Date’. This date will be used to identify shareholders eligible to receive the final dividend for the financial year 2025-26. The dividend declaration follows a recommendation by the Board of Directors during their meeting on May 07, 2026.
Dividend Details and Approval
The recommended final dividend is Rs. 18/- per equity share, representing 180% of the face value of Rs. 10/- per share. This payout is contingent upon the approval of the shareholders during the upcoming Annual General Meeting (AGM), which is scheduled to take place on Tuesday, August 25, 2026.
Payment Timeline
Should the dividend receive shareholder approval at the AGM, the payment will be processed within 30 days from the date of the AGM. This payment will be subject to applicable taxes deducted at source. Entitlement will be based on the names appearing in the Register of Members or Register of Beneficial Owners as of the close of business hours on the Record Date.
Source: BSE
