Government kitty to swell by Rs 1,355 crore on 40% GAIL interim dividend

NEW DELHI: State-run gas utility GAIL on Monday declared 40% interim dividend for 2022-23, or Rs 4 per share, in a move that will swell the Centre’s kitty by Rs 1,355 crore and enrich other stakeholders by Rs 1,275 crore.

Company chairman Sandeep Kumar Gupta said GAIL has been giving shareholders a steady long-term returns on their investments.

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