This is to inform that Konkan LNG Limited (KLL), a subsidiary of GAIL (India) Limited (GAIL) filed a Scheme for Reduction of Equity Share Capital before the Hon'ble National Company Law Tribunal (NCLT) during June, 2025 for the reduction of KLL existing equity share capital by cancellation and extinguishment, in aggregate, of 14,81,10,440 equity shares forming part of the issued, subscribed and paid-up equity share capital of KLL, comprising 7,40,55,220 equity shares of Rs.10 each held by GAIL and MSEB Holding Company Limited (MSEB).\r\nHon'ble NCLT vide its order dated 3rd June, 2026 sanctioned the said Scheme and certified true copy of the same was received on 10th June 2026.\r\nConsequent upon the implementation of the Scheme, the shareholding of MSEB in KLL shall stand reduced to Nil and GAIL shareholding will stand increased to 100% of the equity share capital of KLL.\r\n