GAIL (India) Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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GAIL (India) Limited has filed a regulatory disclosure with the stock exchanges under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The filing confirms that GAIL has not created any encumbrance (such as pledge or lien) on the equity shares it holds in three listed gas companies: Petronet LNG Limited, Indraprastha Gas Limited, and Mahanagar Gas Limited. This confirmation covers the entire Financial Year 2024-25 and applies to both direct and indirect holdings. The disclosure was signed by the Company Secretary on April 3, 2025.
This is a routine compliance filing with no material impact on the stock price. It reassures investors that GAIL's strategic stakes in these three gas sector companies remain fully unencumbered, meaning no shares have been pledged as collateral for any loan or obligation.