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Public Announcement of Buyback

4th Apr 2022 13:14

RNS Number : 1762H
GAIL (India) Limited
04 April 2022
 

Sub: Submission of Public Announcement for buyback of equity shares of GAIL (India) Limited

Dear Sir/Madam,

This is further to our intimation regarding Buyback of equity shares, where the Company has informed that the Board of GAIL (India) Limited has approved the proposal to Buyback fully paid up Equity Shares of the Company from the existing shareholders/ beneficial owners as on Record Date on a proportionate basis through the Tender Offer process. In this connection please note that today i.e. April 04, 2022 the Company has published the Public Announcement of buyback in Business Standard (English - All editions) and Business Standard (Hindi - All editions) (Hindi being the regional language of Delhi wherein the registered office of the Company is located) pursuant to Securities & Exchange Board of lndia (Buy-Back of Securities) Regulations, 2018, as amended ("Buyback Regulations"). The copy of the said Public Announcement is available on the Company's website at www.gailonline.com

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