Petronet LNG board recommends dividend

10 May 2017

Petronet LNG has informed that the Board of Directors of the Company at its meeting held on May 09, 2017, has recommended dividend at the rate of 50 % on current paid up share capital of the Company (i.e. Rs 5 per share) for the year ended March 31, 2017. Further, the Board has also declared issue of Bonus share(s) in the ratio of 1:1 on Rs 10 each fully paid up Equity Share and has also approved increase of Authorized Share Capital of the Company from Rs 1200 Crore to Rs 3000 Crore subject to the approval of Shareholders of the Company.

The above information is a part of company’s filings submitted to BSE.

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