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An announcement from GAIL (India) Limited ( (IN:GAIL) ) is now available.
GAIL (India) Limited has been fined Rs. 8,21,280 each by the National Stock Exchange of India Limited and BSE Limited for non-compliance with certain SEBI LODR regulations, specifically related to board composition and committee constitution for the quarter ending December 31, 2024. Despite the fines, GAIL stated there is no material impact on its financials or operations, attributing the non-compliance to factors beyond its control, as board appointments are managed by the government. The company is actively engaging with the government to address these compliance issues.
More about GAIL (India) Limited
GAIL (India) Limited is a government-owned company under the administrative control of the Ministry of Petroleum and Natural Gas, Government of India. The company operates in the energy sector and is involved in the transmission and marketing of natural gas, production of LPG, and other petrochemical products. It is a key player in India’s natural gas industry.
YTD Price Performance: -14.98%
Average Trading Volume: 459,335
Current Market Cap: 1038.5B INR
See more data about GAIL stock on TipRanks’ Stock Analysis page.