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Rs 18.63 billion Dividend tranche from GAIL to Central government – Diligentia Services

Rs 18.63 billion Dividend tranche from GAIL to Central government

GAIL India Dividend 2024: The central government has received a dividend tranche of about Rs 18.63 bn from GAIL (India) Ltd, informed the secretary at the Department of Investment and Public Asset Management through its X handle on Monday, February 12.

Incorporated in the year 1984, GAIL it is engaged in the business of oil refining and marketing.

Dividend refers to a reward, cash or otherwise, that a company provides to its shareholders. Dividends can be issued in various forms, such as cash payment, stocks or any other form.