GAIL (India) is planning to raise funds by way of borrowing of Indian Rupee Debt through secured / unsecured, redeemable, taxable Non- Convertible Bond(s) in one or more tranches from time to time on private placement basis within the limits as approved by the board including delegation for approval of allotment of Bonds to the Allotment Committee.
The meeting of the Board of Directors of the Company is scheduled to be held on January 16, 2020 to consider same.
GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.
