Business Standard

Board of GAIL (India) to consider various fund raising options

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Capital Market

On 17 August 2022

The Board of GAIL (India) will meet on 17 August 2022 to consider fund raising by:

Rupee Term loan/ borrowing/ facility and/ or
Foreign currency Term loan / bond / note / external commercial borrowing / borrowing / facility (including foreign currency denominated as well as Rupee denominated/ masala bond, note or loan) 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") by way of private placement under the Companies Act, 2013.

 

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First Published: Aug 10 2022 | 6:56 PM IST

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