Indraprastha Gas Ltd announces the record date for the allotment of bonus shares in a 1:1 ratio, effective January 31, 2025, with the deemed allotment date on February 3, 2025.
Indraprastha Gas Limited (IGL), a joint venture of GAIL, BPCL, and the Government of National Capital Territory (NCT) Delhi, has announced the record date for the allotment of bonus shares. The company has confirmed that Friday, January 31, 2025, will be the “Record Date” to determine the eligibility of shareholders for the issuance of these bonus shares.
Indraprastha Gas Ltd (Security Code: 532514, Trading Symbol: IGL) is a leading player in the natural gas distribution sector in India. The company operates in the Delhi-NCR region and supplies natural gas to households, industries, and commercial establishments, contributing to the country’s energy security and sustainable growth.
According to the company’s latest notice, the bonus issue has been approved by its members in the ratio of 1:1, meaning shareholders will receive one bonus share for every share they hold. The deemed date of allotment for the bonus shares will be Monday, February 3, 2025.
Indraprastha Gas Ltd, established in 1998, is committed to providing eco-friendly and cost-effective natural gas solutions, with a focus on quality, safety, and environmental sustainability.
This bonus issue follows a series of positive financial performances and strategic moves aimed at enhancing shareholder value. The company is ISO certified in multiple domains, including quality, environment, health, and energy management.
