GAIL (India) Limited has officially announced that four of its Non-Official Independent Directors have ceased to be part of the Board, effective March 28, 2026. This change follows the completion of their tenure, as originally appointed by the Ministry of Petroleum & Natural Gas (MoP&NG), Government of India. The announcement confirms that the cessation is pursuant to the terms of their initial appointment, which concluded on March 27, 2026.
Cessation of Independent Directors Concludes Tenure
GAIL (India) Limited has formally informed exchanges regarding a change in its Board composition due to the conclusion of the terms of appointment for several key members. This development is in continuation of an earlier communication dated March 28, 2025.
Effective March 28, 2026, the following four Non-Official Independent Directors have ceased to hold their positions on the Board of Directors, subsequent to completing their mandated tenure on March 27, 2026:
- Shri Akhilesh Jain
- Shri Sanjay Kashyap
- Smt. Kangabam Inaocha Devi
- Shri Yajurvendra Anil Mahajan
These appointments were originally made by the Ministry of Petroleum & Natural Gas (MoP&NG), Government of India. The company has confirmed that this disclosure fulfills all applicable corporate governance requirements.
Acknowledgement and Conclusion
The management conveyed its thanks to the outgoing directors for their service. The announcement was officially signed by Deepak Asija, Company Secretary, on March 28, 2026.
Information for Stock Exchanges
The company ensured compliance with listing regulations by addressing both major stock exchanges:
National Stock Exchange of India Limited (NSE)
The corresponding Scrip Code for GAIL-EQ is GAIL-EQ.
BSE Limited (BSE)
The corresponding Scrip Code for the exchange is 532155.
Source: BSE
