GAIL (India) Limited has fulfilled its quarterly regulatory compliance obligations by submitting the mandatory certificate under SEBI regulations for the quarter ended March 31, 2026. The Maharatna company filed the required documentation with stock exchanges on April 7, 2026, maintaining its commitment to regulatory transparency.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, covering the quarter ended March 31, 2026. MCS Share Transfer Agent Limited, serving as the company's registrar and share transfer agent, provided the certification confirming compliance with dematerialization requirements.

Certificate Confirmation

MCS Share Transfer Agent Limited certified that within 15 days of receipt of securities for dematerialization, two key compliance requirements were met:

• The securities comprised in the certificates have been listed on stock exchanges
• The certificates have been duly verified, mutilated, cancelled, and the depository name has been substituted as the registered owner in company records

Stock Exchange Submission

The compliance documentation was submitted to both major Indian stock exchanges where GAIL shares are listed. Company Secretary Deepak Asija signed the submission letter, which was digitally authenticated on April 7, 2026.

Regulatory Framework

This quarterly certificate submission forms part of SEBI's regulatory framework ensuring proper dematerialization processes and investor protection. The regulation requires registrar and transfer agents to provide periodic confirmations regarding the handling of physical securities and their conversion to electronic form.

The filing demonstrates GAIL's continued adherence to corporate governance standards and regulatory compliance requirements as a government undertaking and Maharatna company. The systematic submission of such certificates ensures transparency in the dematerialization process and maintains investor confidence in the securities market infrastructure.

GAIL (India) Limited has announced significant changes to its board composition with the completion of tenure for four Independent Directors. The Maharatna company informed stock exchanges about these directorship changes through an official communication dated March 28, 2026.

Board Composition Changes

The company disclosed that four Non-Official Independent Directors appointed by the Ministry of Petroleum & Natural Gas (MoP&NG), Government of India, completed their tenure on March 27, 2026, and consequently ceased to be directors on the board effective March 28, 2026.

Regulatory Compliance

The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Deepak Asija signed the disclosure document, which was communicated to both major stock exchanges where the company is listed.

Corporate Governance Framework

As a Government of India undertaking with Maharatna status, GAIL operates under a structured corporate governance framework. The completion of tenure for these Independent Directors represents part of the regular rotation and renewal process for board positions in public sector enterprises. The company noted that this communication was a continuation of their previous letter with the same reference number dated March 28, 2025.

Company Information

GAIL (India) Limited, headquartered at GAIL Bhawan in New Delhi, continues to maintain its corporate governance standards through regular board composition updates. The company's registered office is located at 16 Bhikaji Cama Place, R.K. Puram, New Delhi-110066, and it operates as one of India's leading natural gas companies under the Maharatna category of public sector enterprises.