Natural gas producer and distributor GAIL has announced a second interim dividend of Rs 5 per share) for the fiscal year FY22.
"The Board of Directors of the Company in its 438th meeting held today i. e. March 11 has, inter-alia, approved the payment of 2nd Interim Dividend for the FY 2021-22@ 50 per cent (Rs 5/- per equity share) on the paid-up equity share capital of the Company," it said in a regulatory filing to the exchanges.
For the approved dividend, the record date is March 22, the filing said.
The record date is the cut-off date set by a company in order to determine which shareholders are eligible for the dividend.
On Friday, the shares of the company closed at Rs 152, up 3.2 per cent.
Mumbai Mews: BMC To Shut Water Supply For 22 Hours In Ghatkopar, Kurla, Chembur, Wadala, Sion & Matunga From Nov 14 To 15 For Pipeline Maintenance
Palghar Crime: 6 Men Arrested For Stealing 1,200 Kg Steel Worth ₹40.9 Lakh From Construction Firm Trailers In Vasai
IND vs SA: BCCI Tweaks Timings For Guwahati Test, Will Feature Tea Before Lunch Due To Early Sunset
Mumbai Fraud News: Man Poses As Mantralaya Insider, Cheats Two Brothers Of ₹22.54 Lakh In Fake Job Racket
(With inputs from IANS)
