Key Developments: GAIL (India) Ltd (GAIL.BO)

GAIL.BO on Bombay Stock Exchange

5 Mar 2015
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Latest Key Developments (Source: Significant Developments)

GAIL (India) Ltd declares Interim Dividend
Thursday, 26 Feb 2015 05:28am EST 

GAIL (India) Ltd:Approves payment of interim dividend for FY 2014-15 at 30 pct (3 Indian Rupees per equity share).Payable within stipulated time period of 30 days i.e. latest by March 26.  Full Article

GAIL (India) Ltd fixes record date for interim dividend
Wednesday, 18 Feb 2015 01:05am EST 

GAIL (India) Ltd:Says that the company has fixed March 03 as the record date for the purpose of payment of interim dividend.  Full Article

GAIL (India) Ltd fixes record date for interim dividend
Tuesday, 27 Jan 2015 05:43am EST 

GAIL (India) Ltd:Says for the purpose of payment of interim dividend, the record date will be Feb. 11.  Full Article

Blast at Delhi GAIL (India) Ltd's gas pipeline-Business Standard
Friday, 16 Jan 2015 01:06am EST 

GAIL (India) Ltd:A major fire broke out at GAIL's natural gas pipeline in South Delhi's Satyaniketan area after it was perforated by civic construction contractors but there were no casualties reported-Business Standard.The pipeline supplies natural gas to consumers like Maruti Suzuki.  Full Article

GAIL (India) Ltd's subsidiary signs agreement to procure natural gas for liquefaction at Cove Point, US
Friday, 5 Dec 2014 12:05am EST 

GAIL (India) Ltd:Announces signing of a sourcing agreement between its subsidiary GAIL Global USA LNG LLC and US based company WGL Midstream Inc for procurement of natural gas required to produce about 2.5 MTPA of LNG at the Cove Point Terminal located in Maryland, U.S.WGLM is a subsidiary of WGL Holdings Inc.Says that definitive gas and sale purchase agreement has been signed for a period of 20 years and the supplies are expected to commence from late 2017.  Full Article

GAIL (India) Ltd signs MOU with Sumitomo Corporation of Japan
Monday, 28 Jul 2014 02:24am EDT 

GAIL (India) Ltd:Signed MoU with Sumitomo Corporation.Under MoU, company will pursue business oppertunities in natural gas and LNG value chain business globally, specially covering cooperation in petrochemicals, natural gas procurement, pipelines and LNG.Company and Sumitomo holds half of capacity in Cove Point LNG Liquefaction Termional in US respectively.And have agreed to coordinate for their line of business and would cooperate on businesses ranging from upstream to downstream.  Full Article

GAIL (India) Ltd's subsidiary joins hands with UPSIDC to expand natural gas downstream distribution network
Friday, 13 Jun 2014 02:30am EDT 

GAIL (India) Ltd:GAIL Gas Limited, wholly owned subsidiary of GAIL (India) Limited and Uttar Pradesh State Industrial Development Corporation (UPSIDC) signed memorandum of understanding (MoU) at New Delhi to expand the Natural Gas downstream distribution network in the state of Uttar Pradesh.MoU was signed by Shri Pankaj Kumar Pal, Chief Executive Officer, GAIL Gas Limited and Shri Manoj Singh, Managing Director.This MoU will lay foundation for building up natural gas infrastructure for fulfilling the demand of Natural Gas, setting up CNG stations along the highway corridor and distribution of gas to various industrial clusters and parks in Uttar Pradesh.Says investment envisaged for developing this CGD project is about 1.4 bln Indian rupees.In order to cater to the demand of Natural gas to Industrial Clusters in Uttar Pradesh natural gas distribution is proposed through mobile cascades.It will cover areas like Shamli, Gajraula, Saharanpur, Kosi, Sikandra, Etawah, Fatehpur Sikri, Vrindavan and Govardhan.  Full Article

GAIL (India) Ltd recommends final dividend
Monday, 26 May 2014 07:10am EDT 

GAIL (India) Ltd:Recommends payment of final dividend at 59 pct (5.9 Indian rupees per share) on the paid-up equity share capital of the Company for the FY 2013-14, subject to approval of shareholders in the ensuing Annual General Meeting.  Full Article

GAIL (India) Ltd executes MoU with Chubu Electric Power Co. Inc
Monday, 24 Mar 2014 06:36am EDT 

GAIL (India) Ltd:Executes MoU with Chubu Electric Power Co. Inc, Japan for joint LNG procurement.Under MoU, GAIL and Chubu shall mainly explore possibilities for collaboration in area of joint LNG procurement.Besides, two companies seek to collaborate on shipping optimization.  Full Article

GAIL (India) Ltd declares dividend
Thursday, 6 Feb 2014 03:33am EST 

GAIL (India) Ltd:Approves payment of interim dividend for the financial year 2013-14 at 45 pct ( 4.50 Indian Rupee per equity share) on the paid up equity share capital of the company.Says interim dividend shall be paid within stipulated time period of 30 days i.e. latest by Mar. 06.  Full Article

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