Board recommends Bonus Issue

• Security Code: 532155
• Company: GAIL

Gail (India) Ltd has informed BSE that the Board of Directors of the Company at its Board meeting held on July 27, 2022, the Board recommended the issuance of Bonus Shares in the ratio of 1: 2 i.e. One new bonus equity share(s) of Rs. 10/- each for every two existing equity share(s) of Rs. 10/- each fully paid up, subject to the approval of the shareholders at the 38th AGM of the Company to be held on August 26, 2022.