Board Approves $64M Equity Infusion for US Subsidiary
Gail (India) Ltd · 532155 · BSE ·
The Board has approved an equity investment of up to **US$ 64 million** into its wholly-owned US subsidiary, GAIL Global (USA) Inc. (GGUI). The funds are designated to **reduce the subsidiary's outstanding loan obligations** related to its shale assets in the Eagle Ford basin, Te…