GAIL (India) Limited has announced a scheduled board meeting to review its quarterly financial performance and consider interim dividend distribution for the current financial year. The company has issued formal notifications to stock exchanges regarding the upcoming corporate actions.

Board Meeting Details

The Board of Directors meeting has been scheduled for Saturday, January 31, 2026. The primary agenda includes consideration of unaudited financial results for both the quarter and nine months ended December 31, 2025. Additionally, the board will deliberate on the payment of interim dividend for FY 2025-26.

Interim Dividend Record Date

For the purpose of interim dividend payment, subject to board approval, the company has established Thursday, February 5, 2026, as the record date. This date will determine the eligibility of shareholders for receiving the interim dividend, if declared by the board.

Trading Window Restrictions

GAIL (India) Limited has implemented trading window closure measures in accordance with its insider trading code. The trading window for designated persons and their immediate relatives, which was already closed from January 1, 2026 (Thursday), will remain closed until February 2, 2026 (Monday).

Regulatory Compliance

The company has duly informed both the National Stock Exchange of India Limited and BSE Limited about these developments under Regulation 30. The notification also extends to various stakeholders including depositories, registrar and transfer agents, and international exchanges where the company's securities are listed.

This announcement reflects GAIL (India) Limited's commitment to maintaining transparency and regulatory compliance while keeping stakeholders informed about significant corporate developments and financial disclosures.

GAIL , India's leading natural gas company, is facing significant input cost pressures following a dramatic surge in US natural gas prices. The Henry Hub natural gas prices have jumped by 67% in just three days, crossing the $5.00 per million British thermal units (MMBTU) threshold.

Impact on GAIL's Operations

The sharp increase in Henry Hub prices directly affects GAIL's cost structure due to the company's natural gas purchases from US markets. This price volatility creates operational challenges as the company must manage higher procurement costs while serving its customer base.

Cost Pass-Through Challenges

A key concern for GAIL is the limited ability to pass on these increased input costs to customers. The company's pricing mechanisms and regulatory framework may not always allow for immediate or complete cost recovery, potentially impacting profit margins during periods of volatile gas prices.

Market Implications

The Henry Hub price surge represents a significant development in the global natural gas market. For GAIL, which has strategic interests in US gas assets and import operations, such price movements directly translate into operational cost variations that require careful management and hedging strategies.

The current price environment above $5/MMBTU marks a notable increase from recent levels, highlighting the volatility inherent in natural gas markets and its direct impact on companies with international gas sourcing operations like GAIL.