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Mahanagar Gas LimitedOthers, 22-08-2025: Shareholders meeting

22-08-2025 | 08:08 pm

Mahanagar Gas Limited concluded its 30th Annual General Meeting, where shareholders adopted the audited financial statements for FY 2024-25. An interim dividend of Rs. 12/- per equity share was confirmed, and a final dividend of Rs. 18/- per equity share was declared. The Chairman highlighted MGL's highest-ever performance in FY 2024-25, driven by network and CNG infrastructure growth. Strategic diversification includes Unison Enviro's amalgamation, investments in 3EV Industries for e-mobility, a joint venture for lithium-ion cell manufacturing, and a proposed bio-gas project. Shareholders also approved director re-appointment, auditor appointments, cost auditor remuneration, and related party transactions with GAIL (India) Limited.

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