GAIL (India) Limited — Others, 22-04-2025: Rumour Verification - Regulation 30(11)

GAIL has reported a significant price movement in its share price. The company disclosed that the PNGRB has hosted a Public Consultation document regarding the tariff review of its integrated natural gas pipeline, submitted by GAIL last year. Should the PNGRB decide to revise the transportation tariff upwards, it could positively affect GAIL's transmission revenue. However, the company did not confirm if the recent price movement is directly linked to this consultation. This development could signal a positive outlook for shareholders, though potential risks remain due to uncertainty around the tariff decision.