GAIL (India) Limited has informed the Exchange regarding 'REVISION IN COMPLETION SCHEDULE FOR SRIKAKULAM ANGUL PIPELINE PROJECT'.

Capex DelayedCapex & Operations View source PDF Explain this filing

GAIL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.6%Reaction day

₹181.69

prior close

₹183.90

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)-0.5%+2.1% vs market

Gas peers, median of 8sector · industry level+0.4%+1.2% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty 100 and 1.2 pts more than its Gas peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.2

15m

+0.3

30m

+0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.6-0.5+2.1+0.4+1.2

Next day

+1.9-0.1+2.0+1.6+0.3

+1.2+0.7+0.5+1.8-0.6

+2.9+1.8+1.1+3.2-0.2

+5.1+2.2+2.9+4.5+0.6

+5.0+1.9+3.0+5.8-0.8

+4.8+1.6+3.2+7.0-2.2

15d

+1.0+0.3+0.7+3.8-2.8

+2.6+0.8+1.8+4.1-1.4

-3.3-0.2-3.1-4.5+1.2

-1.8+0.9-2.7-1.9+0.1

UpDownMarket · Nifty 100Sector · Gas peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GAIL has pushed back the completion deadline for its Srikakulam Angul Pipeline Project by about six months, from June 2025 to December 2025. The 744 km pipeline consists of a 422 km main line (fully mechanically completed, commissioning underway) and a 322 km spur line (252 km lowered so far). The spur line work has been held up mainly due to delays in getting forest clearances — only 45 km of working permission has been received out of the 56 km required. The Board approved the revised timeline on June 23, 2025. No additional investment is required for this revision.

Likely market impact

Mild negative near-term — a 6-month delay in a key pipeline project may push back expected revenue from gas transmission, though the main line is close to commissioning and the overall project cost remains unchanged.