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.
Market Outlook: Technical Call Of The Day & Top 5 Stocks In Focus For December 5, 2025
Anukalp Goswami On Crafting Clean Comedy, Kapil Sharma’s Evolution & The Making Of 'Kis Kisko Pyaar Karoon 2'
Indigo Flight Cancellation Row: Mangalore Couple Recounts Chaotic Travel Experience At Mumbai Airport | VIDEO
Bombay HC Slams Thane Municipal Corporation Over Illegal Constructions At Patlipada; Mulls Contempt Against Former Commissioners
(With inputs from IANS)
