NSEGeneral Updates10 Jul 2026 · 10 Jul 2026, 06:27 pm
General Updates
GAIL (India) Limited · GAIL
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GAIL (India) Limited has informed the Exchange about General Updates regarding the reduction of share capital of Konkan LNG Limited pursuant to the implementation of the Hon'ble NCLT Order dated 03.06.2026.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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GAIL (India) Limited has informed the Exchange about General Updates
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DEVIKA_10072026182712_Letter1007206KLLWOS.pdf
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ND/GAIL/SECTT/2026 10.07.2026
Listing Compliance Listing Compliance
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Plot No. C/1 Floor 1, Phiroze Jeejeebhoy
G Block, Bandra-Kurla Complex Towers, Dalal Street
Bandra (East) Mumbai – 400051 Mumbai – 400001
Scrip Code: GAIL-EQ S crip Code: 532155
Sub: Reduction of Share Capital of Konkan LNG Limited pursuant to implementation of
Hon'ble NCLT Order dated 03.06.2026
Sir/Madam,
This is in continuation of our letter of even no. dated 10.06.2026.
It is informed that pursuant to the implementation of the Hon'ble National Company Law Tribunal
(NCLT) Order dated 03.06.2026 approving the Scheme for Reduction of Equity Share Capital of
Konkan LNG Limited (KLL), the consideration was remitted to GAIL (India) Limited (GAIL) on
06.07.2026. KLL informed that the consideration was also remitted to MSEB Holding Company
Limited (MSEB) on same date i.e. on 06.07.2026.
Accordingly, as informed by KLL, upon payment of the consideration to the respective shareholders
by KLL, an aggregate of 14,81,10,440 equity shares of ₹10 each, including 7,40,55,220 equity
shares held by GAIL and 7,40,55,220 equity shares held by MSEB in KLL stand cancelled and
extinguished i.e. MSEB holding in KLL reduced to Nil and GAIL shareholding increased to 100%
of the equity share capital of KLL.
This disclosure is in compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Thanking you
Yours faithfully
(Deepak Asija)
Company Secretary
GAIL_Public
Copy to:
1. Deutsche Bank AG, Filiale Mumbai
TSS & Global Equity Services
The Capital, 14th Floor
C-70, G Block, Bandra Kurla Complex
Mumbai -400051
2. Beacon Trusteeship Limited
4C and D Siddhivinayak Chambers,
Gandhi Nagar, Opposite MIG Cricket club,
Bandra East, Mumbai -400051
3. London Stock Exchange
Regulatory News Service Department (RNS)
10, Paternoster Square,
London EC4M 7LS
GAIL_Public