GAIL (India) Limited has appointed Shri Kushagra Mittal as a Government Nominee Director on its Board, effective from June 4, 2026, until August 10, 2026. The appointment was made pursuant to a letter from the Ministry of Petroleum & Natural Gas (MoP&NG) regarding his nomination.

Shri Kushagra Mittal serves as a Director in the Ministry of Petroleum & Natural Gas. He is an officer of the Indian Railway Traffic Service (IRTS) from the 2010 batch. In his current role at the ministry, he oversees the Marketing division, including Pricing Policy and LPG verticals.

Prior to his tenure in the ministry, Mittal held various positions at Western Railway, including Senior Divisional Commercial Manager and Area Railway Manager, where he managed train operations and business development. Before joining the civil services, he worked with BHEL. He holds a B.Tech in Mechanical Engineering from MNNIT, Allahabad, and a Master's in Public Policy from IIM Bangalore, where he received the Director's Gold Medal.

The company confirmed that Mittal does not hold any shares in GAIL (India) Limited and has no inter-se relationships with other directors on the Board. It was further affirmed that he is not debarred from holding the position of a director by any SEBI order or other authority.

GAIL (India) Limited has released the transcript for its Investors' and Analysts' Meet held on Friday, May 22, 2026, at 4:00 PM IST to discuss the audited financial results for FY26. This disclosure, made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, provides a detailed record of the management's commentary on the company's performance. The transcript is available via a link provided in the regulatory filing dated May 27, 2026.

Financial Segment Impact

The revised presentation outlines the net impact on various segments for FY26. The Gas Marketing Segment reported a net impact of ₹(675) million, attributed to provisions for doubtful dues and entry tax provision reversals. The Gas Transmission Segment recorded a positive impact of ₹373 million, driven by differential tariff settlements and excess provision write-backs. The Petrochemical segment noted a depreciation impact of ₹189 million.

LNG Project Pipeline

GAIL detailed its upcoming LNG cargo supplies and project capacities. The ECA Phase 1 project in Mexico, with a capacity of 3.3 MMTPA, is set to commence cargo supply in May 2026. Other key projects include NFE T1 in Qatar (8 MMTPA) starting February 2027, and Rio Grande P1 in the US (16.2 MMTPA) starting June 2027.

Infrastructure Status

As of December 31, 2025, the total authorized natural gas pipelines in India stood at 34,273 km, with 27,427 km operational. The company also provided data on existing re-gas terminals, noting a total capacity of approximately 57.7 MMTPA. The Dahej terminal recorded the highest capacity utilization at 92% for the period April 2025 to April 2026.