Mahanagar Gas Limited
Mahanagar Gas Ltd is engaged in the business of City gas distribution (CGD), presently supplying natural gas in the city of Mumbai including adjoining areas and the Raigad District in the state of Maharashtra.
What Mahanagar files
- Others60
- Investor Meet60
- Important14
- Dividend/Bonus9
- Board Meeting8
- Updates7
MGL's FY26 BRSR highlights strong ESG performance. Operational efficiencies cut energy and GHG emission intensity. Business diversified with a 26% stake in renewable energy, a CBG agreement, and expanded LNG stations. Digital customer solutions implemented. No significant fines or safety incidents reported.
Mahanagar Gas will hold its 31st AGM virtually. The company declared a final dividend of ₹18 per equity share. It is ensuring all shareholders, including those without registered emails, can access the Annual Report and AGM notice electronically.
Mahanagar Gas declared an interim dividend of Rs 12/share. Shareholders should update KYC/PAN and submit tax exemption forms by February 17, 2026, to ensure appropriate tax deduction at source.
Mahanagar Gas (MGL) signed an MoU with Oil India (OIL) to jointly explore the LNG value chain and emerging clean energy. This strategic move aims to accelerate cleaner fuel adoption in long-haul transport and advance greener logistics solutions.
MGL's appeal against a confirmed GST liability of Rs 54.33 Cr, plus an equal penalty and interest, was rejected. MGL plans a further appeal, confident in its strong case, expecting no economic outflow.