Dividend7 May 2026, 08:21 pm
Mahanagar Gas FY26: Final Dividend ₹18/Share Recommended
AI Summary
Mahanagar Gas Ltd (MGL) has announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The Board of Directors has recommended a final dividend of ₹18 per equity share with a face value of ₹10 each, subject to shareholder approval. This is in addition to an interim dividend of ₹12 per equity share, bringing the total dividend for FY26 to ₹30 per share. The financial results have been reviewed and approved by the Audit Committee and the board meeting concluded at 1715 hours on May 7, 2026. Deloitte Haskins & Sells LLP issued unmodified audit reports on both standalone and consolidated financial statements.
Key Highlights
- MGL's board approved audited standalone and consolidated financial statements for FY26.
- A final dividend of ₹18 per share was recommended, pending shareholder approval.
- Total dividend for FY26 amounts to ₹30 per share, including an interim dividend of ₹12.
- Deloitte Haskins & Sells LLP issued unmodified audit reports.
- The board meeting concluded on May 7, 2026, at 1715 hours.
Price Impact
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