INSUBCONTINENT EXCLUSIVE:
GAIL has declared a second interim dividend for the current fiscalNew Delhi: Maharatna company Gas Authority of India Limited (GAIL) has
declared a second interim dividend of 50 per cent i.e
fiscal (2021-22), GAIL has already declared an interim dividend of Rs 4 per share to its shareholders in December 2021
The two interim dividends total to Rs 9 per equity share (90 per cent on the paid-up equity share capital)
provided with steady long-term returns on their investments."This is the highest ever dividend payment in terms of total dividend amount by
government and Rs 1,077.90 crore to other shareholders.
