GAIL (India) Limited
13 August 2026
Sub: Reduction of Share Capital of Konkan LNG Limited pursuant to implementation of Hon'ble NCLT Order dated 03.06.2026
This is in continuation of our letter of even no. dated 10.06.2026.
It is informed that pursuant to the implementation of the Hon'ble National Company Law Tribunal (NCLT) Order dated 03.06.2026 approving the Scheme for Reduction of Equity Share Capital of Konkan LNG Limited (KLL), the consideration was remitted to GAIL (India) Limited (GAIL) and MSEB Holding Company Limited (MSEB) by KLL on 06.07.2026.
Accordingly, upon payment of the consideration to the respective shareholders by KLL, an aggregate of 14,81,10,440 equity shares of ₹10 each, including 7,40,55,220 equity shares held by GAIL and 7,40,55,220 equity shares held by MSEB in KLL stand cancelled and extinguished i.e. MSEB holding in KLL reduced to Nil and GAIL shareholding increased to 100% of the equity share capital of KLL.
This disclosure is in compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
ENDRNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.