News about GAIL (India) Limited

March 13th, 2008

The media had reports that GAIL (India) Limited may issue bonus.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

GAIL (India) Limited has vide its letter inter-alia stated, “The Board has not considered any proposal pertaining to issuance of Bonus Shares.”

Entry Filed under: Equity Markets, Oil & Petro Chemicals, NSE

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