GAIL (India) Limited — Important, 11-08-2025: General Updates

GAIL has executed an agreement to acquire a 49% equity stake in Leafiniti Bioenergy Private Limited (LBPL), a subsidiary of TruAlt Bioenergy. This strategic partnership targets establishing new Compressed Bio Gas (CBG) projects. Post-conditions, GAIL will hold 49% of LBPL. GAIL gains significant operational control, nominating two directors, the first Board Chairman, and the CFO. Key protective clauses include affirmative voting rights on capital structure and first refusal on TBL's share sales, ensuring strong influence. This positions GAIL for expansion in the renewable energy domain.