Announcement

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HIGHLIGHTS OF ANNUAL GENERAL MEETING OF THE COMPANY HELD ON 18TH September 2017.

  • Shri I.S.Rao Nominee of BPCL and Shri Ashim Batra Nominee of IGL were re-appointed by Shareholders.
  • Shri Santosh Sontakke’ s (nominee director of BPCL ) appointment as Director Commercial of MNGL approved by the shareholders
  • 25% of the profits( i.e. 19.14% of the Share Capital) were declared as Dividend for the Financial year 2016-17 thereby total dividend ( including interim dividend )payable to shareholders shall be:
    • Gail -Rs. 4.31 Crores
    • BPCL -Rs.4.31 Crores
    • IGL -Rs. 9.57 Crores
    • MIDC -Rs. 0.96 Crores