GAIL Board Approves Merger Of Konkan LNG Limited With Parent Company

The Board of Directors of GAIL has approved the merger of its wholly owned subsidiary, Konkan LNG Limited (KLL), with the parent company. The decision, taken during a meeting held on July 31, 2026, is designed to simplify the corporate group structure and enhance operational efficiencies by creating a larger, vertically integrated entity.

This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Deepak Asija, Company Secretary, signed the disclosure submitted to the National Stock Exchange of India Limited and BSE Limited.

KLL operates an LNG regasification terminal at Dabhol, Ratnagiri, Maharashtra. GAIL markets and transports natural gas, petrochemicals, and liquid hydrocarbons. As KLL is a wholly owned subsidiary, the merger does not involve cash consideration or a share exchange ratio with external parties. Instead, upon the scheme becoming effective, KLL will be dissolved without winding up under Section 233 of the Companies Act. All equity shares of KLL will be cancelled following the merger.