GAIL (India) Limited appointed Shri Satish Kumar Sinha as Director (Finance) and Chief Financial Officer (CFO) effective July 1, 2026. He succeeds Shri R K Jain, who ceased to be a director upon his superannuation on June 30, 2026. Sinha brings over three decades of experience in the oil and gas sector to the role.

Prior to joining the Board of Directors, Sinha served as Executive Director (Finance & Accounts). He joined GAIL (India) Limited in 1994 as a Management Trainee (Finance & Accounts) and has held several key positions across core finance functions. He has also served on the Boards of GAIL Global Singapore Pte Limited and GAIL Mangalore Petrochemicals Limited.

Sinha is a qualified Cost and Management Accountant with extensive expertise in Corporate Finance, Corporate Accounts, Management Accounting, Investor Relations, Taxation, Treasury & Banking Operations, Costing, Budgeting, Project Evaluation, and Mergers & Acquisitions. He has played a pivotal role in strengthening GAIL's financial systems, enhancing investor engagement, and driving strategic financial decision-making.

Throughout his career, Sinha has contributed significantly to value creation through governance, compliance, and cost optimization initiatives, large-scale investment appraisals, and effective treasury management. He has been instrumental in driving digital transformation initiatives in finance, including SAP implementation, automation, and centralized financial processes.

The company confirmed that Sinha does not have any inter-se relation with other directors and is not debarred from holding the office of Director by any statutory authority, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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.