The offer includes a fresh issue of Rs 1,475 crore, along with an offer for sale (OFS) of Rs 2,750 crore. The company submitted its draft papers on August 27, 2024, and received an observation letter from the Securities and Exchange Board of India (Sebi) on November 28.
GAIL India shares tumble 5% despite Q1 net profit doubling to Rs 4,665 crore. Buy, sell or hold?
GAIL India shares fell 5% despite the Maharatna PSU reporting a near doubling of Q1 FY27 consolidated net profit to Rs 4,665 crore. While JM