GAIL pays Rs 4/share interim dividend for FY23

"For money you can have everything it is said. No, that is not true. You can buy food, but not appetite; medicine, but not health; soft beds, but not sleep; knowledge but not intelligence; glitter, but not comfort; fun, but not pleasure; acquaintances, but not friendship; servants, but not faithfulness; grey hair, but not honor; quiet days, but not peace. The shell of all things you can get for money. But not the kernel.That cannot be had for money."

GAIL pays Rs 4/share interim dividend for FY23 GAIL pays Rs 4/share interim dividend for FY23

GAIL pays Rs 4/share interim dividend for FY23

Thesynergyonline Corporate Bureau
NEW DELHI, MARCH 13 :

GAIL (India), a Maharatna CPSE under the Ministry of Petroleum & Natural Gas, has declared Interim Dividend for FY 2022-23 of 40 per cent on the paid-up Equity Share Capital, which is Rs 4 per Equity share (Total Dividend amount: Rs 2,630 crore) with a record date of March 21, 2023

The Board of Directors accorded the approval at a meeting held today.

The company has been providing shareholders with a steady long-term returns on their investments.

Further, based on current shareholding of Government of India (51.52 per cent), Dividend of about Rs 1,355 crore shall be paid to Government of India, while other shareholders will receive about Rs 1,275 crore