Mahanagar Gas Annual General Meeting
Mahanagar Gas Ltd held its 31st AGM on August 25, 2026, transacting ordinary and special business, including dividend declaration and approval of related party transactions.
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Mahanagar Gas Ltd held its 31st AGM on August 25, 2026, transacting ordinary and special business, including dividend declaration and approval of related party transactions.
Mahanagar Gas Limited issued a notice for its 31st Annual General Meeting scheduled for August 25, 2025, covering six agenda items and material related party transactions.
Mahanagar Gas Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, detailing its ESG practices and operational disclosures.
Mahanagar Gas Limited announced its 31st Annual General Meeting on August 25, 2026. The filing provides access to the company's Integrated Annual Report for FY 2025-26.
Mahanagar Gas Limited informed the exchange regarding the dispatch of a letter to shareholders with unregistered email addresses, providing access to the 2025-26 Annual Report.
Mahanagar Gas Limited has fixed August 18, 2026, as the record date for determining shareholders' entitlement to the final dividend of Rs. 18 per equity share.
MGL delivered volume growth despite West Asia geopolitical supply shocks, using price-indexed industrial sales to buffer volatile gas costs.
Mahanagar Gas Limited reports Q1 FY27 revenue of ₹2,371.71 Cr, up 13.95% YoY. Management is focused on expanding geographical areas (GA) and maintaining cost-effective fuel economics versus alternates.
Mahanagar Gas Ltd reported revenue from operations of ₹2,599 Cr (+13.9% YoY) and net profit of ₹192.6 Cr (-39.5% YoY) for Q1 FY27.
Mahanagar Gas Ltd has scheduled a board meeting for July 30, 2026, to consider the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Mahanagar Gas Ltd submitted its quarterly shareholding pattern for the period ending June 30, 2026. The filing lists holdings across promoter and public categories.
Mahanagar Gas Ltd announced the superannuation of Ch. Chakrapani Atmakur. Sanket Dhotre and Mukesh Panhotra are appointed as Vice Presidents effective July 1, 2026.
Mahanagar Gas Limited announced the retirement of Senior VP Mr. Rajesh Wagle effective June 01, 2026. He leaves the company following his reaching the age of superannuation.
Mahanagar Gas Limited appointed Deepak Gupta as Chairperson and Praveer Kumar Srivastava as Managing Director. Both executives bring extensive oil and gas expertise from GAIL.
Mahanagar Gas Limited appointed Deepak Gupta as Chairman and Praveer Kumar Srivastava as Managing Director. These leadership changes follow shareholder approval via postal ballot.
Mahanagar Gas Limited shareholders approved appointing Deepak Gupta as Chairman and Praveer Kumar Srivastava as Managing Director. The resolutions passed via postal ballot with requisite majority.
MGL reported Q4 FY26 results with average sales volumes up 6.15% YoY. Performance impacted by West Asia supply disruptions affecting industrial/commercial segments, while domestic and CNG remains supported by domestic gas.
MGL delivered volume growth despite West Asia supply disruptions impacting RLNG availability. Management is prioritizing aggressive infrastructure build and volume expansion over short-term margin protection.
MGL reported FY26 revenue of ₹8,240 Cr, up 13.5% YoY, though PAT declined 18.7% to ₹847 Cr due to higher gas costs. Focus remains on infrastructure expansion and maintaining price competitiveness.
Mahanagar Gas Limited recommended a final dividend of ₹18 per equity share for FY 2025-26. The move rewards shareholders pending final communication of the record date.
Mahanagar Gas Ltd reported revenue from operations of ₹2,259 Cr (+4.9% YoY) and net profit of ₹129.6 Cr (-46.3% YoY) for Q4 FY26.
Mahanagar Gas reported standalone FY26 profit of ₹846.82 Crore on ₹9,059.77 Crore revenue. The Board recommended a final dividend of ₹18 per share.
Mahanagar Gas Limited has scheduled a Board Meeting for May 7, 2026, to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also consider a recommendation for a final dividend. Trading window closure remains in effect until May 9, 2026.
Mahanagar Gas Ltd has scheduled a board meeting on May 07, 2026, to approve audited financial results for FY2026 and recommend a final dividend. The trading window for designated persons remains closed until 48 hours after the results declaration.
Mahanagar Gas Limited has initiated a postal ballot to seek shareholder approval for two key appointments. Mr. Deepak Gupta is proposed as Chairman, and Mr. Praveer Kumar Srivastava as Managing Director for a five-year tenure. The voting period ends on May 19, 2026, marking a significant leadership transition for the utility company.
Mahanagar Gas Ltd has issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Deepak Gupta as Chairman and Mr. Praveer Kumar Srivastava as Managing Director. The e-voting period runs from April 20 to May 19, 2026. These appointments follow nominations from GAIL (India) Limited.
Mahanagar Gas Limited has appointed Mr. Praveer Kumar Srivastava as Managing Director for a five-year term, effective April 30, 2026. He succeeds Mr. Ashu Shinghal, who completes his tenure on the same date. Mr. Srivastava brings over 30 years of experience from GAIL, particularly in clean energy and strategic infrastructure management.
Mahanagar Gas Limited appointed Mr. Praveer Kumar Srivastava as Managing Director for five years, effective April 30, 2026. He succeeds Mr. Ashu Shinghal, who ceases his tenure on the same date following GAIL's nomination withdrawal. Mr. Srivastava brings over thirty years of experience from GAIL (India) Limited.
Prudential Plc and its subsidiaries sold 7,28,763 shares (0.74% stake) of Mahanagar Gas Limited via an open market transaction on April 6, 2026. Following this disposal, the group's total shareholding in the company decreased from 3.15% to 2.41%.