StockWatch
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Gas Transmission/Marketing
Regulatory30 Oct 2026, 03:02 pm

Gail India: No Deviation in Debenture Proceeds Use for Q2 FY27

AI Summary

Gail (India) Ltd has filed a statement with the stock exchanges confirming no deviation or variation in the utilization of proceeds from its listed non-convertible unsecured debentures for the quarter and half-year ended September 30, 2026. This disclosure is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also submitted its un-audited financial results (standalone and consolidated) for the same period, along with a limited review report. Additionally, a format for disclosing outstanding defaults on loans and debt securities was provided, confirming that security cover is available as per regulations. The Board of Directors approved these financial results at a meeting held on October 30, 2026.

Key Highlights

  • Gail India confirms no deviation in the use of debenture proceeds.
  • Un-audited financial results for Q2 FY27 submitted.
  • Limited review report and default disclosure format provided.
  • Security cover confirmed to be in compliance with SEBI regulations.
  • Board of Directors approved the financial results.