On February 03, 2025, Mahanagar Gas shares to trade ex-date, meaning that the shareholders registered in the company’s books will be eligible for the ₹12 interim dividend.
| Ex-Date | Dividend Type | Dividend Amount (₹) |
| Aug 14, 2024 | Final | 18.00 |
| Feb 05, 2024 | Interim | 12.00 |
| Aug 14, 2023 | Final | 16.00 |
As of December 31, 2024, the company is the sole authorised distributor of CNG and PNG in Mumbai, Thane urban including adjoining areas and Raigad with more than 25 years of consistent growth. MGL secured the availability of domestically produced APM, HPHT and term RLNG at applicable prices for catering to CNG and Household (DPNG) customers and through term contracts for other customers.
Looking forward, the company is seeking growth opportunities through digitisation initiatives to improve customer experience, reduce project timelines and increase operational efficiency and run various schemes/loyalty programs, inorganic CGD expansion.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Feb 3, 2025, 9:17 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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