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Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India.
Petronet LNG received a Force Majeure notice from QatarEnergy, impacting LNG supply. PLL subsequently issued notices to its off-takers (GAIL, IOCL, BPCL). This ongoing disruption's impact on operations and revenue cannot be estimated at this point.
Petronet LNG issued Force Majeure notices due to Middle East war disrupting Strait of Hormuz, blocking LNG tanker access to QatarEnergy's loading port. This impacts off-takers (GAIL, IOCL, BPCL). Financial impact is currently unknown; war acts are uninsured.
Petronet LNG secured a Rs. 12,000 Cr loan from an SBI and Bank of Baroda consortium. Funds will finance its Petrochemicals Project (Propane Dehydrogenation & Polypropylene) and other capital expenditure at Dahej, boosting future growth.
Petronet LNG (PLL) is scheduled to attend two major investor conferences in Mumbai: Emkay Confluence and Antique's Flagship Investor Conference. The company will hold one-on-one and group meetings with analysts and institutional investors. Importantly, no new unpublished price-sensitive information will be shared. This proactive investor engagement underscores PLL's commitment to...
Petronet LNG's Board has proposed a final dividend of Rs. 3 per share for FY25, pending shareholder approval at the upcoming 27th Annual General Meeting. This dividend will be subject to Tax Deducted at Source (TDS). Investors should note that varying tax rates will apply based on their residential status...