GAIL (India) Limited — Important, 09-04-2025: General Updates

The completion schedule for the Kochi-Koottanad-Bengaluru-Mangaluru Pipeline (KKBMPL) project has been revised from February 2025 to December 2025 due to delays in obtaining necessary permissions and ensuring unhindered access to construction sites. The pipeline has an authorized length of 1,104 km, with 802 km laid and 628 km commissioned thus far. This extension in the timeline reflects the challenges faced during the project, which may impact the overall execution and operational outlook. Investors should watch closely as these delays could influence future project performance and associated costs.