Gujarat State Petronet has informed that the Board of Directors of the Company at its meeting held on May 24, 2012, has recommended dividend of Re. 1/- per share of Rs. 10 each (10%) for the financial year 2011-12.
Further the Board approved allotment of 9,854 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) consequent to which the paid up Share Capital of the Company has increased from Rs. 5,626,891,270 to Rs. 5,626,989,810.
The above information is part of company’s filing submitted to the BSE.