Ministry of Petroleum and Natural Gas (MoP&NG) vide letter no. CA-31032/1/2021-PNG-37493 dated 16.05.2023 appointed Shri Kushagra Mittal as Government Nominee Director for a period of three ....
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GAIL has disclosed the cessation of Shri Kushagra Mittal as Government Nominee Director with effect from 15.05.2026, upon completion of his three-year tenure (16.05.2023 to 15.05.2026). The appointment was made by the Ministry of Petroleum and Natural Gas on co-terminus basis. GAIL had repeatedly informed the Ministry through letters dated 02.03.2026, 30.03.2026, 15.04.2026, 05.05.2026, and 15.05.2026 about the upcoming completion of tenure, but received no response or communication from the Ministry before the expiry date. The initial disclosure to exchanges was made on 19.05.2026, four days after the cessation, which triggered an exchange query regarding the delay.
The exit of a Government Nominee Director is a routine board change with no direct impact on operations or financials. The lack of a replacement communication from the Ministry leaves a temporary vacancy on the board.