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At a Board meeting held on 27 July 2022, GAIL (India) Limited's Board recommended the issuance of Bonus Shares. The proposed ratio is one new bonus equity share of Rs. 10/- each for every two existing equity shares of Rs. 10/- each. This recommendation is subject to approval by shareholders at the company's 38th AGM.
| Date | 27 Jul 2022 |
| Time | 10:31:01 |
| Category | AGMs and other meetings |
| ID | 9236T |
We wish to inform that at GAIL (India) Limited's Board meeting held on 27 July, 2022, the Board recommended the issuance of Bonus Shares in the ratio of 1: 2 i.e. One. New bonus equity share 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.