GAIL Interim Dividend, GAIL Dividend Record Date: Shares of Maharatna company GAIL India fell for the second consecutive day on Thursday i.e. January 18. The stock has fallen 1.98 per cent in this period. The counter closed today's trading session at Rs 163.90, a fall of around 0.15 per cent from the previous close of Rs 164.15. However, the scrip had surged by 0.60 per cent during the day to hit an intraday high of Rs 165.15 on the BSE.

GAIL Interim Dividend

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Amid the downfall in GAIL shares, there is some good news for investors as the PSU company is likely to announce an interim dividend for the financial year 2024. The company has also announced the record date for this purpose.

"A meeting of the Board of Directors of the Company is scheduled to be held on Monday, 29th January, 2024 to, inter-alia, consider the Un-Audited Financial Results for the Quarter ended 31st December, 2023 and recommendation for payment of Interim Dividend for FY 2023-24," the company said in an exchange filing.

GAIL Interim Dividend - Record Date

If approved, the company has fixed February 6, 2024 as the record date for the purpose of identifying eligible shareholders. 

"For the purpose of payment of Interim Dividend, if so approved by the Board, the "Record Date" will be Tuesday, 06th February, 2024," the company said.

Shares of GAIL, which has a market cap of Rs 1,07,765 crore, have a 52-week high of Rs 169.35 and a 52-week low of Rs 91.

Meanwhile, Sensex fell 313.90 points to finish at 71,186.86 and Nifty declined 109.70 points to end the session at 21,462.25.