Archive · 30 Jun 2025

GAIL to Invest in Talcher Fertilizers Rights Issue

GAIL to Invest in Talcher Fertilizers Rights Issue

GAIL, a big company, is putting over 10,000 crore rupees into another company called Talcher Fertilizers.

This is done by buying more shares, a process called a rights issue.

Talcher Fertilizers is a partnership between several companies and was created to build a fertilizer plant using coal.

GAIL's recent earnings show that while they made more money, their profit was lower.

Experts think new rules in the gas industry will help companies like GAIL.

GAIL's stock price saw a slight decrease on the stock exchange.

Sources