REG - GAIL (India) Ltd - BM outcome of meeting held on 17/08/2022

GAIL (India)Announcement

17/08/2022 12:30

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RNS Number : 3570W  GAIL (India) Limited  17 August 2022

The Board of GAIL (India) Limited, in its meeting, approved to borrow monies
together with the money already borrowed by the Company upto the limit of sum
equivalent to Rs.25,000/- crore in one or more tranches from time to time by
way of -

·   Rupee Term loan/borrowing/facility upto the limit of Rs.25,000 crore
and/or

·   Foreign currency Term loan/bond/note/external commercial
borrowing/borrowing/ facility upto the limit of USD 3.125 Billion (or its
equivalent in other currencies) (including foreign currency denominated as
well as Rupee denominated / masala bond, note or loan, as may be permitted by
the Reserve Bank of India or any other regulatory authority from eligible
lenders) and/or

·   Issue of Rupee denominated,
listed/unlisted/secured/unsecured/non-convertible /
redeemable/cumulative/non-cumulative/taxable/tax free, debentures/ bonds
(including but not limited to green bonds/zero coupon / market linked
debentures / fixed or floating coupon rates/index linked/interest rate
swap/options with/without the same being embedded in the debentures or bonds
or any other structures or features) in the domestic market ("Debentures"),
upto the limit of Rs.25,000 crore (including green shoe option) by way of
private placement under the Companies Act, 2013.

 

 

 

 

 

 

 

 

 

 

 

 

 

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