Gujarat Gas Ltd - 539336 - We Hereby Inform You That The Board Of Directors In Its Meeting Held On 10Th May, 2023, Approved Modification In Dividend Distribution Policy Of The Company
we hereby inform you that the Board of Directors in its meeting held on 10th May, 2023, approved modification in Dividend Distribution Policy of the Company Q4FY23 Quarterly & FY23 Annual Result Announced for Gujarat Gas Ltd.
Non-Electrical Utilities company Gujarat Gas announced Q4FY23 & FY23 results: For FY23, the company reported an improved financial performance registering standalone Profit After Tax (PAT) of Rs 1,525.47 crore as compared to Rs 1,285.64 crore of the previous year, showing a growth of 19% For Q4FY23, the company reported a smart recovery in total gas sales volume. The company sold 8.86 mmscmd of volume as compared to 7.29 mmscmd registered in Q3FY23, an increase of 22% The standalone PAT for Q4FY23 was Rs 369.22 crore as compared to Rs 444.29 crore in Q4FY22 The Compressed Natural Gas (CNG) category continues to witness strong momentum, as the consumer started to benefit from favourable government policies announced to protect the interest of CNG and residential Piped Natural Gas (PNG) users. During FY23, the company added close to 1,80,000 new domestic customers, 102 CNG stations, and 1200+ commercial & industrial customers (with a cumulative volume close to 7,00,000 scmd) in FY23 For Q4FY23, the company connected over 50,000 new domestic customers, added 60 CNG stations and commissioned 400+ commercial & industrial customers The Board of Directors has recommended a dividend of Rs 6.65/- per Equity Share of the face value of Rs 2/- each aggregating to Rs 457.78 crore for FY23 Result PDF
Gujarat Gas surges 6% on healthy Q4 results, turnaround in sales volume
The company's long-term volume growth prospects remain robust with the addition of new industrial units, and expansion of existing units, said Motilal Oswal Financial Services Gujarat Gas Ltd - 539336 - Board Meeting Outcome for Board Approved Dividend
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Board also recommended dividend i.e. Rs. 6.65 per equity share of Rs 2/- each to the shareholders for the financial year 2022-23, in the same meeting, which will be paid subject to approval of shareholders in the Annual General Meeting. Gujarat Gas Ltd - 539336 - Approval Of Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended On 31St March, 2023 And Recommendation Of Dividend By Board For The FY 2022-23.
Approval of Audited Standalone and Consolidated Financial Results for the quarter and year ended on 31st March, 2023 and recommendation of dividend by Board for the FY 2022-23. Gujarat Gas Ltd - 539336 - Announcement under Regulation 30 (LODR)-Change in Directorate
Board of Directors of GGL have appointed Smt. Mamta Verma, IAS, (DIN: 01854315) Principal Secretary, Energy & Petrochemicals Department (EPD), Government of Gujarat as Additional Director on the Board of Gujarat Gas Limited w.e.f. 1st May, 2023 Death Crossovers: Gujarat Gas among 4 stocks that signal bearishness
In the NSE list of stocks, four stocks with a market cap of over Rs 100 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock's short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA of these stocks crossed below their 200-day SMAs on April 27. Take a look: Gujarat Gas Ltd - 539336 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company Gujarat Gas Ltd 2 CIN NO. L40200GJ2012SGC069118 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* 2022-23,23-24 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* 0 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 0 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)2021-22,22-23 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Sandeep DaveDesignation :-Company Secretary Name of the Chief Financial Officer :- Nitesh Bhandari Designation : -Chief Financial Officer Date: 27/04/2023