Press Release

Dividend Distribution to Promoters

Dividend Distribution Ceremony

Petronet LNG closed the FY 2010-11 with impressive top line and bottom line numbers. The turnover and Profit after Tax (PAT) stood at Rs. 13,265 Crores and Rs. 619 Crores, respectively. The Board of Petronet announced dividend of 20% (Rs. 2/- per share) to its shareholders.

Petronet LNG distributed dividend cheques worth of Rs 18.75 crores each to four Promoting Companies i.e. IOCL, BPCL, GAIL and ONGC on July 14, 2011 at a ceremony organized at Hotel Leela, New Delhi.
 

From L ---> R (Sh R K Garg, Sr. VP (Finance) & CS, Petronet LNG, Sh P K Jain, Director (Finance), GAIL, Sh D K Sarraf, Director (Finance), ONGC, Sh P K Goyal, Director (Finance), IOCL, Sh R K Singh, CMD, BPCL, Sh D N Narasimha Raju, Jt. Secy (Exploration), MoPNG, Dr. A K Balyan, MD & CEO, Petronet LNG, Sh C S Mani, Director (Technical), Petronet and Sh Vivek Kumar, Jt. Secy (International Co-operation), MoPNG

 

Sh R K Singh, CMD, BPCL receiving the dividend cheque from Dr. A K Balyan, MD & CEO, Petronet LNG

 

Sh. D K Sarraf, Director (Finance), ONGC receiving the dividend cheque from Dr. A K Balyan, MD & CEO, Petronet LNG

 

Sh. P K Goyal, Director (Finance), IOCL receiving the dividend cheque from Dr. A K Balyan, MD & CEO, Petronet LNG

 

Sh. P K Jain, Director (Finance), GAIL (India) Limited receiving the dividend cheque from Dr. A K Balyan, MD & CEO, Petronet LNG