New Delhi: Shares of Indraprastha Gas Ltd (IGL) moved higher in today’s trading session after the company declared the record date for its final dividend for Financial Year 2025.
Dividend Record Date Announced
IGL, a joint venture of GAIL, BPCL, and the Government of NCT Delhi, informed the stock exchanges that its Register of Members will remain closed from September 16 to September 26, 2025 (both days inclusive). The closure is for the purpose of conducting the Annual General Meeting (AGM) and determining the eligibility of shareholders for the dividend payout.
The company further stated that the record date has been fixed as Monday, September 15, 2025. This ensures that shareholders on record by this date will be entitled to receive the dividend.
Market Movement and Stock Performance
Following the announcement, IGL’s stock rose 0.39 percent to trade at Rs 217.7 on the BSE. However, despite the uptick, the stock has corrected by over 5.51 percent in the past five sessions, reflecting recent market volatility.
Analysts note that dividend declarations often boost investor sentiment, providing near-term support to PSU-linked stocks such as IGL.
About IGL
Indraprastha Gas Limited (IGL) is one of India’s leading city gas distribution companies, established as a joint venture between GAIL, BPCL, and the Government of NCT Delhi. IGL supplies compressed natural gas (CNG) and piped natural gas (PNG) across the National Capital Region, playing a pivotal role in expanding clean energy access and supporting India’s energy transition.
