Enter the first few characters of Company and click 'Go'

Southern Gas Ltd. Company History and Annual Growth Details

YEAR EVENTS
1963 - The Company was incorporated on 29th July. The main object of
the company is to Manufacture and deal in oxygen, dissolved
acetylene, nitrogen, argon, hydrogen, carbonic acid, medical
gases, fuel gases and all other gases.

1964 - 10,000 shares subcribed for in cash by the directors their
friends and associated 12,500 shares offered for public
subscription in August.

1985 - The Operations were adversely affected due to power cuts in the
Kerala and Karnataka states.

1988 - The Operations were adversely affected due to continued high cost
of inputs, increased purchase prices of gases and power cuts.

2008

- Southern Gas Ltd has appointed Mr. Gautam V Pai Cacode as additional Director of Company and in accordance with Section 260 of Company Act 1956 he will hold office until next Annual General Meeting of the Company.

2012
-The Board of Directors of the Company has recommended a dividend of Rs. 30/- per share @ 30% of the fore value of Rs. 100/- per share.

2014
-The Board of Directors of the Company has recommended a dividend of Rs. 30/- per share @ 30% of the fore value of Rs. 100/- per share.

2015
-Southern Gas Ltd has recommended a dividend of Rs. 30/- per share @ 30% of the face value of Rs. 100/- per share on the equity capital.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article