Gujarat Gas Limited proposed a dividend of INR 2.50 per share for the year 2016. The register of members and share transfer books of the company will remain closed from September 23, 2016 to September 29, 2016 (both days inclusive) for the purpose of payment of the dividend and for the annual general meeting. The dividend, if declared at the annual general meeting will be paid on October 19, 2016 to those members of the company whose names appear (a) as beneficial owners as at the close of business hours on September 22, 2016 as per the list to be furnished by the depositories in respect of the Shares held in electronic form; and (b) as members in the register of members of the company as on September 22, 2016, after giving effect to all valid share transfers in physical form received on or before September 22, 2016.