Mahanagar Gas Ltd has set Aug 14, 2025, as the record date for its final dividend. On May 06, 2025, Mahanagar Gas board declared a final dividend of ₹18 per share.
Mahanagar Gas Ltd said in an exchange filing, “The Company at its meeting held on May 06, 2025, had recommended a final dividend of Rs. 18/- per equity share of the face value of Rs. 10/- each for financial year 2024-25 (i.e. 180%), subject to the approval of shareholders at the ensuing Annual General Meeting (‘AGM’), which is scheduled to be held on Friday, August 22, 2025.
In view of the above and pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Thursday, August 14, 2025, as the ‘Record Date’ for determining entitlement of shareholders for payment of final Dividend for the financial year 2024-25..”
As Mahanagar Gas has set Aug 14 as the record date for its final dividend, meaning that Aug 13 marks the last day to buy Mahanagar Gas shares to become eligible for the final dividend. Further, any shares bought on or after Aug 14 (record date) won't be eligible for the final dividend due to the T+1 settlement rule.
Also Read: Upcoming Dividends in August 2025: Eicher Motors, MCX, and PTC India, Among Others
Mahanagar Gas posted robust financial results for the quarter ended June 2025, with consolidated net profit rising 10% year-on-year to ₹317.89 crore, up from ₹288.78 crore in the same period last year. On a sequential basis, the growth was even more impressive, with net profit surging 30.04% from ₹243.95 crore reported in the March 2025 quarter.
The company also recorded a solid uptick in its top line. Consolidated revenue from operations came in at ₹2,282.07 crore, reflecting a 24.6% increase over ₹1,832.15 crore reported in the corresponding quarter of the previous year.
For investors tracking Mahanagar Gas performance, holding shares through a Demat account ensures secure and seamless access to corporate actions like dividends and earnings updates.
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Published on: Aug 13, 2025, 11:35 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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