This is in continuation of our letter no. ND/GAIL/SECT/2021 of even date January 25, 2021.

The Company is undertaking a Buyback, in accordance with the Companies Act, 2013, as amended, the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, ('Buyback Regulations'), and other applicable laws, if any.

In this regard, please find enclosed the soft copy (in pdf version) of the Letter of offer dated February 17, 2021 of the Company in relation to the Buyback Offer ('Letter of Offer'), for your information and records.