At meeting held on 15 January 2021
The Board of GAIL (India) at its meeting held on 15 January 2021 has approved a proposal for the buyback of 6,97,56,641 fully paid-up equity shares of face value Rs.10/- each representing 1.55% of the total number of fully paid-up equity shares in the paid-up share capital of the Company from the shareholders of the Company at a price of Rs. 150 per equity share payable in cash for an aggregate consideration not exceeding Rs. 1,046.35 crore representing 2.50% & 2.26% of the aggregate of the fully paid-up equity share capital and free reserves as per the audited standalone and consolidated financial statements of the Company, respectively for the financial year ended 31 March 2020.Powered by Capital Market - Live News
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