GAIL India has informed that Board of Directors in its meeting held today approved to borrow INR Debt Funds upto Rs 1500 Crore including Green shoe option through secured/ unsecured, redeemable, taxable Non-Convertible Bond(s) in one or more tranches from time to time on private placement basis. In this regard the committee of Whole time Directors will finalize the allotment of Bonds. This is in compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The above information is a part of company’s filings submitted to BSE.
