GAIL (India) Limited (GAIL) — Announcement | 10 June 2026

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📢 Key Event
NCLT sanctions Konkan LNG capital reduction scheme

💡 Investor Takeaway
GAIL now fully owns Konkan LNG after eliminating MSEB's stake.

GAIL announced that its subsidiary Konkan LNG received an NCLT order sanctioning a scheme to cancel 14.81 million equity shares, reducing MSEB's stake to zero and increasing GAIL's ownership to 100% in KLL, effective June 3, 2026, as disclosed in a regulatory filing on June 10, 2026.

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About GAIL (India) Limited (GAIL)

Oil Gas & Consumable Fuels · Gas · Listed on NSE

Market Cap: ₹1,06,602.09 Cr P/E: 8.6

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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