GAIL's 42nd AGM: All resolutions passed, including dividend and RPTs

GAIL (India) Limited held its 42nd Annual General Meeting (AGM) on August 27, 2026, where all proposed resolutions were approved by the shareholders with the requisite majority. The meeting, conducted via Video Conferencing (VC) and Other Audio-Visual Means (OAVM), saw significant participation from shareholders.

Key resolutions passed included the adoption of the Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, along with the Board's Report and Independent Auditors' Report. Shareholders also approved the declaration of a final dividend for the Financial Year 2025-26 at 5% (Re 0.50 per equity share).

Furthermore, the AGM approved the re-appointment of directors, Shri R K Singhal and Shri Ayush Gupta, who retired by rotation. The appointment of Shri Rohit Mathur as a Government Nominee Director and Shri Satish Kumar Sinha as Director (Finance) were also confirmed. The ratification of the remuneration of the Company's Cost Auditors was also approved.

In addition, the shareholders gave their assent to material related party transactions with Petronet LNG Limited, Indraprastha Gas Limited, Mahanagar Gas Limited, and Ramagundam Fertilizers and Chemicals Limited. The voting process was managed through remote e-voting and e-voting during the AGM, with Shri Sachin Agarwal serving as the Scrutinizer.