Monday, March 27, 2023

GAIL’s 40% interim dividend will increase the exchequer by Rs 1,355 crore – Usky News

New Delhi: State-run gas utility GAIL On Monday declared an interim dividend of 40% or Rs 4 per share for 2022-23, in a move that will enrich the Centre’s kitty by Rs 1,355 crore and that of other stakeholders by Rs 1,275 crore.
company president Sandeep Kumar Gupta Said Gayle Providing shareholders with stable returns on their investments over the long term.
As per the approval given by the company board, the record date for the total dividend of Rs 2,630 crore will be March 21, 2023.


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