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GAIL to acquire 49% equity in Leafiniti Bioenergy
short by / on 13 Aug 2025,Wednesday
GAIL (India) Limited signed an agreement on August 11, 2025, to acquire a 49% stake in Leafiniti Bioenergy Private Limited (LBPL), with TruAlt Bioenergy Limited holding 51%. This partnership, pending DIPAM approval, aims to establish Compressed Bio Gas (CBG) projects. GAIL gains significant operational control, including board appointments and first rights on future share transactions.
short by / 05:15 pm on 13 Aug
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