Indraprastha Gas Ltd

IGL Proposes Major Transactions with GAIL & BPCL Valued at Over ₹21,700 Crores 💼📊

- Proposed transactions with GAIL (India) Limited valued at ₹17,732 crores for FY 2026–27, covering gas purchases, transportation, and other services.

- Proposed transactions with Bharat Petroleum Corporation Limited valued at ₹3,968 crores for FY 2026–27, involving gas sales, purchases, and operational charges.

- Both GAIL and BPCL are promoters, each holding a 22.50% stake in IGL.

- The transactions exceed 10% of IGL’s annual consolidated turnover, classifying them as material under SEBI regulations.

- Shareholder voting period: March 2–31, 2026; results to be announced by April 2, 2026.