GAIL (India) received the National Company Law Tribunal's approval to acquire a 26 per cent stake of Infrastructure Leasing & Financial Services (IL&FS) Group in ONGC Tripura Power Company (OTPC). The closing of the transaction is yet to take place, GAIL (India) stated in its regulatory filing to the Bombay Stock Exchange. It informed the stake would be acquired from IL&FS Group companies namely, IL&FS Energy Development Company (EDCL) and IL&FS Financial Services (IFIN).