GAIL Establishes ‘GAIL Global IFSC Limited’ for Global Operations

Current Context: On April 7, 2025, GAIL (India) Limited established a wholly owned subsidiary, GAIL Global IFSC Limited, at GIFT City, Gujarat.

Aim

• Operate as a finance company within the International Financial Services Centre (IFSC).
• Undertake global and regional corporate treasury activities and ship leasing operations.

Highlights

• Capital Structure: Authorized share capital of ₹17 crore and initial paid-up capital of ₹8.5 crore.
• Strategic Expansion: Diversifies GAIL's portfolio beyond natural gas and energy infrastructure.
• Tax-Efficient Environment: Optimizes treasury functions within GIFT City's financial ecosystem.

Question:

Q.1 What is the initial paid-up capital of GAIL Global IFSC Limited?
a) ₹17 crore
b) ₹10 crore
c) ₹8.5 crore
d) ₹5 crore

Answer: c) The company has an authorized share capital of ₹17 crore and an initial paid-up capital of ₹8.5 crore.