GAIL (India) Limited is the largest state-owned natural gas processing and distribution Company in India. The Company has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, Liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc. GAIL has also participating interest in India and overseas in Oil and Gas Blocks. The Government of India holds 51.52% in the Paid-Up Equity Capital of the Company as on 31st March, 2023. GAIL (India) Ltd was incorporated on August 16, 1984 as a Public Limited Company with the name 'Gas Authority of India Ltd.' At the time of incorporation, all of the shares were held by the Government of India.