GAIL (India) Limited Buyback 2022 Price With Record Date and Other Details

GAIL (India) Limited will buyback nearly 5,69,85,463 shares for about Rs.1082 Crore. In a filing to the stock exchanges, GAIL (India) Limited said it will buyback percent of the fully paid-up equity shares at a price of Rs.190/- per equity share.

The Board approved the proposal of  GAIL (India) Limited buyback of fully paid-up equity shares of the face value of Rs.10 each of the Company for an amount not exceeding Rs.1082 Crores. GAIL (India) Limited 2022 Size is being 1.28% of the aggregate of the total paid-up Equity Share capital and free reserves of the Company based on the latest standalone and consolidated audited financial statements of the Company respectively as of March 31, 2021. GAIL (India) Limited 2022 price is Rs.190 per Equity Share through the "tender offer" route, on a proportionate basis.

    GAIL (India) Limited Buyback

    GAIL (India) Limited Buyback 2022 Offer Details:

    Buyback Type: Tender Offer
    Buyback Record Date: Apr 22, 2022
    Buyback Opening Date: May 24, 2022
    Buyback Closing Date: June 07, 2022
    Buyback Offer Amount: ₹1082 Crore
    Date of Board Meeting approving the proposal: Mar 31, 2022
    Date of Public Announcement: April 01, 2022
    Buyback Offer Size: 1.28%
    Buyback Number of shares: 5,69,85,463
    Price Type: Tender Route
    FV: Rs.10
    Maximum Buyback Price: ₹190 Per Equity Share

    Details Of GAIL (India) Limited Buyback

    Gail Board has approved the buyback of 5,69,85,463 fully paid-up equity shares of the face value of Rs, 10 each at a price of Rs. 190 per equity share (the "Buy Back Offer Price") payable in cash for an aggregate consideration not exceeding Rs. 1082 Crores (the "Buyback Offer Size") representing 2.50% and 2.22% of the aggregate of the fully paid-up equity share capital and free reserves as per the audited standalone and consolidated financial statements of the Company, respectively, for the financial year ended March 31, 2021,  on a proportionate basis through a Tender Offer route.

    GAIL (India) Limited Buyback Important Dates

    In this section, we have covered all important dates related to the “GAIL (India) Limited Buyback Date”. Dates are updated as they are announced. The most noted dates are the GAIL (India) Limited record date and GAIL (India) Limited buyback open and close dates, which one should use to participate in the buyback.

    Buyback Activity Date
    Board Meeting for Gulf Oil Buyback proposalMar 31, 2022
    Gulf Oil Buyback Approval date Mar 31, 2022
    Public Announcement of Gulf Oil Buyback Apr 01, 2022
    Gulf Oil Buyback Record Date Apr 22, 2022
    Gulf Oil Buyback opens on/Buyback Opening Date May 25, 2022
    Gulf Oil Buyback closes on/Buyback Closing DateJune 07, 2022
    Cut-off date to receive completed tender forms by Registrar June 09, 2022
    Cut-off date for verification by the Registrar June 14, 2022
    Cut-off date to inform Stock Exchange on acceptance or
    non-acceptance of tendered Equity Shares by Registrar
    June 15, 2022
    Last date of settlement of bids on the stock exchange June 16, 2022
    Last date to return unaccepted shares by Registrar June 16, 2022
    Last date of extinguishment of Equity Shares June 23, 2022

    Note: If anything you want to know about the buyback offer you can refer to the Gulf Oil Lubricants buyback offer documents. Click Here

    How to Participate in GAIL (India) Limited buyback?

    1. Firstly to be eligible for the buyback the investor should have shares of Gulf Oil Lubricants Buyback 2022 in Demat or physical form as on the record date [Apr 22, 2022].
    2. Once you have shares in Demat, you can participate in the buyback process which is opening from [Not Announced] by selling your shares through your broker on NSE or BSE. 
    3. Then on [Not Announced], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
    Checkout Current GAIL (India) Limited Shares market price on NSE and BSE: GAIL (India) Limited


    Profit from the buyback on the basis of acceptance Ratio:

    Buy 1052 Shares at CMP of Rs.155
    Acceptance Ratio 33% 50% 75% 100%
    Amount Invested in Buyback 163157 163157 163157 163157
    No. of Shares buyback 347 526 789 1052
    BuyBack Profit 12145 18410 27615 36820
    Profit 7.44% 11.2% 17% 22.5%

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    About GAIL (India) Limited:

    Gail Logo

    The Company was incorporated on the 16th of August. The Gas Authority of India Ltd. (GAIL), one of India’s leading Public Sector Enterprises, is the largest gas transmission and marketing company in the Country. The Company, possessing a well developed and efficient infrastructure, was established as a wholly-owned Company of the Government of India in August 1984 with 100% equity held by the Government of India and, within a short time, it has grown into one of the ‘Navratna’ enterprises and is ranked among the top ten companies in India. The various activities of the Company range from Gas marketing and distribution through the trunk and regional systems, to retailing of Natural Gas to Gas processing for the production and marketing of LPG, liquid hydrocarbons, and Petrochemicals.

    The equity pattern in the Company has also changed and the Government today holds about 67% of the equity in the Company.

    GAIL has formed Subsidiaries and Joint Venture companies for City Gas Distribution and Petrochemicals. GAIL is one of the pioneers to introduce City Gas Projects in India for gas supplies to households, commercial users, and the transport sector by forming Subsidiaries/ Joint Venture Companies.


    The Buyback would help in optimizing the capital structure and improving return on equity, by a reduction in the equity base, thereby leading to a long-term increase in shareholders’ value. Further, the Buyback, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve the allocation of a higher number of shares as per their entitlement or 15.00% of the number of shares to be bought back, reserved for the small shareholders. The Company believes that this reservation of 15.00% for small shareholders would benefit a large number of public shareholders, who would get classified as small shareholders.

    Company Contact Information

    GAIL (India) Limited
    16, Bhikaiji Cama Place,
    R.K. Puram,
    New Delhi – 110 066Ph: 011-26172580, 26182955
    Fax: 011-26185941For Retail Investors
    Shri A.K.Jha, (Company Secretary)

    GAIL (India) Limited Buyback Registrar 

    Unit: GAIL (India) Limited
    F-65, Okhla Industrial Area
    Phase – I
    New Delhi – 110 020
    Ph: 011-41406149/50/51/52
    Fax: 011-41709881

    GAIL (India) Limited Buyback 2022 FAQs:

    When is GAIL (India) Limited Record Date?
    GAIL (India) Limited buyback 2022 record date is Apr 22, 2022.

    What is the GAIL (India) Limited Buyback Opening Date?
    GAIL (India) Limited buyback 2022 Opening date is May 25, 2022.

    What is the GAIL (India) Limited Buyback Closing Date?
    GAIL (India) Limited buyback 2022 Closing date is June 07, 2022.

    When is GAIL (India) Limited Buyback Announcement Date?
    GAIL (India) Limited buyback 2022 announcement Date is Mar 31, 2022.

    What is GAIL (India) Limited Buyback Price?
    The company has fixed the maximum price of ₹190.

    How to apply for GAIL (India) Limited Buyback 2022?
    As per the record date you need to have GAIL (India) Limited shares in your Demat account. You can participate in buyback after having the stock in your account.