Mahanagar Gas Limited board recommends final dividend of Rs. 14

The Board of Directors of Mahanagar Gas Limited at its meeting held today i.e. Monday, May 24, 2021 has approved and recommended Final Dividend of Rs. 14/- per equity share having face value of Rs. 10/- each for the Financial Year ended March 31, 2021 for approval of shareholders at the ensuing Annual General Meeting.

This is in addition to the Interim Dividend of Rs. 9/- per equity share paid to all eligible equity shareholders as declared by the Board of Directors at its meeting held on February 09, 2021. With this the total dividend for the Financial Year 2020-21 shall be Rs. 23/- per equity share having face value of Rs. 10/- each.

Shares of Mahanagar Gas Ltd was last trading in BSE at Rs.1143.35 as compared to the previous close of Rs. 1130.8. The total number of shares traded during the day was 86769 in over 2830 trades.

The stock hit an intraday high of Rs. 1157.05 and intraday low of 1135.85. The net turnover during the day was Rs. 99581801.

Source : Equity Bulls

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