Scheme of Arrangement
As filed · GAIL (India) Limited has informed the Exchange about Scheme of Arrangement
What happened
FactGAIL (India) Limited has received approval for the merger of its wholly owned subsidiary, Konkan LNG Limited, with itself. The merger aims to create a larger and stronger vertically integrated entity, simplifying the group structure and enhancing operational efficiencies. Konkan LNG Limited operates an LNG regasification terminal, while GAIL is involved in the marketing and transportation of natural gas and petrochemicals.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
DelayedNatural gas transmission volume registered growth of 6% to 127.32 MMSCMD as against 120.46 MMSCMD in FY24.
Gas marketing volume stood at 101.49 MMSCMD in FY25 as against 98.45 MMSCMD in FY24.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- This is against annual planned capex of ~ Rs. 11,500 crores for FY2026-27 (management committed by FY27)
- GAIL has got PNGRB’s authorization for capacity expansion of Jamnagar-Loni LPG pipeline from 3.25 MMTPA to 6.5 (management committed by Q4 FY28)
Evidence
- GAIL (India) Limited has informed the Exchange about Scheme of Arrangement(opens the original filing in a new tab)
- Earlier statement · Q4 FY25
- Latest statement · Q4 FY25
- Earlier statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%