📈 Live Market Tracking
AI-Powered NSE Corporate Announcements Analysis
GAIL Partners with 'K' LINE and J M Baxi for Equity in LNG Shipping Company
GAIL (India) Limited has signed a term sheet with Kawasaki Kisen Kaisha ('K' LINE) and J M Baxi Marine Services for equity participation in a Singapore-based ship-owning company. This strategic move involves a long-term charter for an LNG vessel currently under construction in a Korean shipyard, starting in 2027. The investment will be routed through GAIL Global IFSC Limited in GIFT City, Gujarat, pending DIPAM approval. This partnership allows GAIL to transition from a pure charterer to an owner, securing its supply chain for global LNG trading.
Key Highlights
Equity participation in a Singapore-based ship-owning company with 'K' LINE and J M Baxi.
Long-term charter agreement for a new LNG vessel starting in 2027.
Investment to be executed via wholly-owned subsidiary GAIL Global IFSC Limited in GIFT City.
GAIL currently operates over 18,001 km of natural gas pipelines with a 65% transmission market share.
Strategic shift towards vessel ownership to support GAIL's position as a top 10 global LNG marketer.
💼 Action for Investors
Investors should view this as a positive vertical integration move that secures logistics and reduces long-term chartering risks. Monitor for final DIPAM approval and specific capital expenditure details related to the equity stake.
GAIL Signs Long-Term Charter Contract with MOL for LNG Carrier GAIL BHUWAN
GAIL (India) Limited has signed a long-term charter agreement with Mitsui O.S.K. Lines (MOL) for the LNG carrier 'GAIL BHUWAN'. The contract is executed through a joint venture, LNG Japonica Shipping Corporation, where GAIL holds a 26% stake and MOL holds 74%. This strategic move strengthens GAIL's logistics integration for its diversified LNG portfolio and supports its 18,001 km natural gas pipeline network. The agreement aligns with India's 'Maritime Amrit Kaal Vision 2047' to ensure energy supply chain security and meet rising domestic demand.
Key Highlights
Long-term charter agreement signed for LNG carrier 'GAIL BHUWAN' with Mitsui O.S.K. Lines.
Contract executed via JV LNG Japonica Shipping Corporation (GAIL 26%, MOL 74%).
Supports GAIL's extensive 18,001 km natural gas pipeline network across India.
Strengthens GAIL's position as a top global LNG portfolio marketer with India's largest LNG fleet.
Aligned with 'Maritime Amrit Kaal Vision 2047' and net-zero emission targets.
💼 Action for Investors
Investors should view this as a positive development for GAIL's long-term operational stability and logistics cost management. The expansion of its LNG fleet enhances its capability to handle global trading volumes and ensures supply security for its domestic pipeline business.
GAIL Board to Consider Interim Dividend on Jan 31; Record Date Set for Feb 5, 2026
GAIL (India) Limited has announced a Board meeting on January 31, 2026, to consider the payment of an interim dividend for the financial year 2025-26. The company has established February 5, 2026, as the record date for determining eligibility, should the dividend be approved. The announcement also provides comprehensive guidelines on Tax Deducted at Source (TDS), highlighting a revised threshold of Rs. 10,000 for resident individuals before tax is applicable. Shareholders are required to update their PAN and bank details to ensure seamless electronic payment and appropriate tax treatment.
Key Highlights
Board meeting scheduled for January 31, 2026, to consider interim dividend for FY 2025-26.
Record date for the proposed interim dividend is fixed as February 5, 2026.
No TDS for resident individuals if total dividend paid in FY 2025-26 is less than Rs. 10,000.
Standard TDS rate of 10% for resident shareholders with valid PAN; 20% for those with invalid or no PAN.
Tax document submission window is open from January 27, 2026, to February 6, 2026.
💼 Action for Investors
Investors should ensure their PAN and bank account details are updated with their Depository Participant before the February 5 record date to avoid a 20% tax deduction. Eligible shareholders seeking lower or nil tax deduction should submit the required forms (15G/15H) via email by February 6, 2026.