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NEW DELHI - GAIL (India) (NSE:GAIL) Limited has announced its audited financial results for the quarter and fiscal year ended March 31, 2025, along with a recommendation for the payment of a final dividend. In a board meeting held today, the company’s directors approved the financial statements and proposed a final dividend of 10% (Re. 1.00 per equity share) on the paid-up equity share capital, subject to shareholder approval at the upcoming Annual General Meeting.
The financial results, which include both standalone and consolidated figures, have received unmodified opinions from the joint statutory auditors, indicating no material misstatements. Additionally, the company has provided a statement confirming there has been no deviation or variation in the use of proceeds from the issue of listed non-convertible unsecured debentures.
In compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, GAIL has also disclosed the format for outstanding default on loans and debt securities, as well as the security cover available for these financial instruments.
The record date for the final dividend will be announced in due course, with the payment contingent on the approval of shareholders at the next AGM. The board meeting that concluded these decisions started at 11:30 A.M. and wrapped up at 02:15 P.M.
This financial disclosure aligns with the SEBI regulations and provides transparency to shareholders and the market regarding GAIL’s financial health and compliance with regulatory requirements.
The information is based on a press release statement and has been issued by RNS, the news service of the London Stock Exchange (LON:LSEG), which is authorized by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280). Terms and conditions for the use and distribution of this information may apply.
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