Mahanagar Gas Ltd logo

Mahanagar Gas Ltd

NSE: MGL BSE: 539957

₹1031.30

(1.10%)

Mon, 12 Oct 2026, 09:32 pm

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Market Cap (in Cr)10300.05
PE Ratio14.24
Dividend2.88
UtilitiesUtilities
Gas DistributorsGas Distributors
24.5K24.5K

Company History

1994

1994

  • A joint venture agreement was entered into between GAIL and British Gas plc on December 6.

1995

1995

  • The Company was incorporated on May 8.
  • The Company received a certificate of commencement of business on July 4.

1997

1997

1998

1998

  • The first natural gas supply and transportation contract was signed with GAIL.

2002

2002

  • Inside Outside Mega Show 2002.
  • ISO 9001:2008.

2003

2003

  • BG Chairman's Award.
  • ISO 14001:2004.

2004

2004

  • BG Chairman's Award.
  • Corcon 2004 Conference on corrosion.
  • Greentech Safety Gold Award.
  • Greentech Environment Gold Award.

2005

2005

  • Golden Peacock Environment Management Award.
  • BG Chief executive innovation awards.

2007

2007

  • BG Chairman’s Award.

2008

2008

  • 9th Annual Greentech Environment excellence award.
  • Completed laying 2,000 km of PE pipeline in GA 1.

2009

2009

  • CII Safety Health and environment award.
  • OHSAS 18001:2007.

2010

2010

  • NGV India.
  • Completed laying 200 km of steel pipeline in GA 1 and achieved a customer base of 0.5 million domestic customers.

2011

2011

  • BG Chairman’s Award.
  • Commissioned 150th CNG dispensing station.

2012

2012

  • National Safety Council - Maharashtra Safety Awards.

2013

2013

  • 14th Annual Greentech Environment Award.
  • 12th Annual Greentech Safety Award.
  • International Certification Services Quality champion recognition.
  • Certificate of Compliance to PNGRB notification GSR 39(E).

2014

2014

  • 4th Annual Greentech CSR Award.

2015

2015

  • Second Pandit Madan Mohan Malaviya Award (Silver Award).
  • 5th Annual Greentech CSR Award.
  • Rashtra Vibhushan Award.
  • Golden Peacock Award for Corporate Social Responsibility.

2017

2017

  • Mahanagar Gas Limited has launched CNG-fueled two-wheeler, whose cost of running comes to 60 paise a kilometre and will also help in cutting emission level.
  • Launch of CNG fueled Two Wheeler in Mumbai.

2018

2018

  • Social Change Award 2018 by Government of India.

2021

2021

  • Mahanagar Gas Limited launches 'MGL Hat-trick Yojana' for CNG Commercial Vehicles.
  • Mahanagar Gas Limited introduces India’s first Mobile CNG Refulling Unit.

2022

2022

  • MGL won the prestigious GREENTECH Award for outstanding achievements in Environment Protection at 22nd Annual Greentech Environment Award 2022.
  • MGL won the esteemed APEX India GOLD Award 2022 for Best Fire & Safety Measures under Public Utility Service Organization Sector.

2023

2023

  • Mahanagar Gas Limited commences PNG supply at Raj Bhavan.
  • Mahanagar Gas Limited signs Agreement to acquire Unison Enviro Private Limited.
  • Mahanagar Gas Limited Signs MoU with Baidyanath LNG to scale up LNG Network.
  • Mahanagar Gas Limited organised free Eye check-up Camp for Auto rickshaw drivers under MGL Aarogya initiative.

2024

2024

  • MGL announces incorporation of Mahanagar LNG Private Limited.
  • Mahanagar Gas Limited Brings Khushiyan Lakhon Ki to new PNG Users.
  • Mahanagar Gas Limited Completes its First Acquisition 100% Equity in Unison Enviro Transferred to MGL.
  • Mahanagar Gas Limited launches new edition of MGL CNG Mahotsav.
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