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This is to inform that GAIL (India) Limited (GAIL) has executed Share Purchase Agreements with NTPC Limited (NTPC) on 23rd February, 2021 for:
a) Purchase of NTPC's entire shareholding (14.82%) in Konkan LNG Ltd. (KLL). Consequently, GAIL's shareholding in KLL increased to 92.15%.
b) Sale of GAIL's entire shareholding (25.51%) in Ratnagiri Gas and Power Pvt. Ltd. (RGPPL) to NTPC. Consequently, GAIL's shareholding in RGPPL reduced to NIL.
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