Gujarat Gas shareholders approve dividend, re-appointments at AGM

Gujarat Gas Limited held its 13th Annual General Meeting (AGM) on September 25, 2025, via video conference. Shareholders approved the audited financial statements for the fiscal year ended March 31, 2025, and declared a dividend of INR 5.82 per equity share for the financial year 2024-25. This aggregates to a total of INR 4,00,64,30,527.50 on 68,83,90,125 equity shares.

During the meeting, S. J. Haider, IAS, was re-appointed as a director, retiring by rotation. The board of directors was also authorized to fix the remuneration of the statutory auditors for FY 2025-26. Additionally, Pankaj Joshi, IAS, was appointed as director and chairman, subject to retirement by rotation.

Shareholders further approved the appointment of K. K. Patel & Associates as the secretarial auditor for a five-year term commencing April 1, 2025, to March 31, 2030. The remuneration for cost auditors, Kailash Sankhlecha & Associates, was ratified at INR 1,18,000 for the financial year 2025-26, plus applicable taxes and out-of-pocket expenses.