GAIL appoints Satish Kumar Sinha as Director (Finance) from Jul 1

GAIL (India) Limited has appointed Shri Satish Kumar Sinha as its Director (Finance) effective July 1, 2026. The appointment follows a nomination received from the Ministry of Petroleum and Natural Gas, Government of India. This leadership change is significant for the company's financial stewardship as it continues its operations as a Maharatna enterprise.

Shri Satish Kumar Sinha, currently an Executive Director at GAIL, has been nominated to the post of Director (Finance) with effect from the date of his assumption of charge on or after July 1, 2026. His tenure will last until the date of his superannuation on May 31, 2029, or until further orders, whichever is earlier.

The Ministry of Petroleum and Natural Gas issued the nomination via letter number CA-31022/2/2024-CA-PNG (49911) dated June 22, 2026. GAIL is currently undertaking the necessary actions to complete the appointment formalities. requisite disclosures regarding the appointment will be submitted to the exchanges in due course.

This disclosure was made to the National Stock Exchange of India Limited and BSE Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Deepak Asija, Company Secretary of GAIL (India) Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.36%	-2.39%	+2.10%	+0.71%	-6.39%	+68.73%

A significant block trade was recorded on the National Stock Exchange (NSE) for GAIL (India) Ltd. , with approximately 3,407,172 shares changing hands in a single transaction. The deal was executed at a price of ₹174.10 per share, aggregating to a total transaction value of ₹59.32 crores.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter:	Details
Exchange:	NSE
Number of Shares:	~3,407,172
Trade Price:	₹174.10 per share
Total Trade Value:	₹59.32 crores

Block trades are large-volume transactions typically executed by institutional investors or significant market participants, and are carried out outside the regular order book to minimise market impact. The execution of such a trade in GAIL (India) Ltd. at the stated price and volume reflects a sizeable movement of the company's shares in a single transaction on the NSE.