This is to inform that Shri Kushagra Mittal, Government Nominee Director (DIN 09831741), ceases to be Director of the Company w.e.f. 16.05.2026.
GAIL · price
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GAIL (India) Ltd has disclosed that Shri Kushagra Mittal, a Government Nominee Director (DIN 09831741), has ceased to be a Director of the Company effective 16 May 2026. The company has made this disclosure in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This appears to be a routine change in board composition, likely due to a change in the government nominee from the administrative ministry. No reasons for the cessation have been provided in the filing.
The cessation of a Government Nominee Director typically has minimal impact on stock price as these appointments are routine and driven by government policy. It reflects changes in government representation on the board rather than any governance concern.