Gail (India) board recommends final dividend

Gail (India) has informed that the Board of Directors of the Company at its meeting held on May 30, 2012, has recommended final dividend at the rate of Rs. 5.70 per Equity Share of Rs. 10 each amounting to Rs. 72303 Lakhs (excluding dividend Tax) during 2011-12, subject to approval by shareholders in the Annual General Meeting.

The above information is part of company’s filing submitted to the BSE.