GAIL Financial Overview

Major Highlights for FY 2021-22 GAIL's Annual Report and financial statement for Year 2020-21 has won 'Gold Shield' in ICAI Awards for Excellence in Financial Reporting for FY2020-21 Received NIL Comments from CAG for the Accounts of FY 2020-21 (12th year in a row) Credit Rating - Domestic 'AAA', International ‘Baa3' with Stable outlook (Moody's), BBB- with negative outlook (Fitch)- Equivalent to sovereign rating of India During FY 2021-22, GAIL paid interim dividend @ 90% of paid up capital (Rs. 3,996 crore, Gol Share Rs. 2,056 crore). Further, GAIL board declared Final divided @ Rs. 1 per equity share in its Board Meeting held on 27-05-2022 subject to approval of Shareholders GAIL retired high cost loan by exercising call option on Bond Series 2015 which was issued at 8.30% p.a. and an amount of Rs. 500 crore was prepaid Tax Refunds of Rs. 200 crores pertaining to Vivad se Vishwas Scheme received by GAIL with 18 AYS out of total 21 AYs reached final settlement under the scheme - GAIL Board approved buyback of 5.70 crore share at price of Rs. 190/share aggregating to ~ Rs. 1,083 crores in FY 2021-22

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