GAIL (India) Limited has informed the Exchange regarding Change in Director(s) of the company.
GAIL · price
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Awaiting price reaction for this filing.
GAIL (India) Limited has announced that Shri Deepak Gupta, currently serving as Director (Projects) at GAIL, has been appointed as the Chairman and Managing Director (CMD) of the company. The appointment, made by the Ministry of Petroleum and Natural Gas (MoPNG), is effective from the date he assumes charge on or after 1 March 2026. His tenure will run until his superannuation on 28 February 2029, or until further orders, whichever is earlier. This is an internal elevation, as Gupta is already a board member. The disclosure has been made in compliance with SEBI's listing regulations.
This is a routine leadership transition within the company with no disruption expected, as the new CMD is an existing board member. Investors may view continuity positively, though the announcement itself is unlikely to cause a significant stock price movement.