Gail Buyback Record Date 2022, Price, Eligibility, How to Apply & Acceptance Ratio

Gail buyback 2022 was announced on 31 March 2022. The Gail buyback record date is 22 April 2022. The investor should buy the Gail shares on or before the record date to get the eligibility for the buyback. GAIL buyback 2020-21, The government had received ₹747 crores from that share buyback.

GAIL (India) Limited is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc. It owns and operates a network of around 13,340 km of natural gas pipelines spread across the length and breadth of the country. It is also working concurrently on the execution of multiple pipeline projects to further enhance the spread. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share in City Gas Distribution. In the Liquefied Natural Gas (LNG) market, GAIL has a significantly large portfolio. GAIL is also expanding its presence in renewable energy like Solar, Wind, and Biofuel. Check out Gail Buyback 2022 details below given:

Table of Content

Gail buyback of 5,69,85,463 equity shares that are around 2.50% of all the existing number of equity shares at a price of ₹190 per equity share. The buyback offers not to exceed ₹1082.72 crores of the total buyback offer size. Gail Buyback Acceptance Ratio will be around (To be updated soon).

Gail Buyback Eligibility & How to Apply

The investors are eligible for the buyback scheme who have Gail shares in their Demat account as the record date is 22 April 2022. Investors can participate in the Gail Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Gail buyback scheme. The investors can participate in buyback via physical form or via your broker or Demat account by placing an order.

Gail Company Address

Gail Buyback 2022 FAQs

Note: If anything you want to know about the buyback offer you can refer to the Gail buyback offer documents.

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