GAIL (India) Limited has announced a major leadership transition with the appointment of Shri Deepak Gupta as Chairman and Managing Director, marking a significant development for the government-owned Maharatna company. The appointment comes through an official directive from the Ministry of Petroleum and Natural Gas, signaling continued government oversight of the strategic energy sector enterprise.

Leadership Appointment Details

The Ministry of Petroleum and Natural Gas (MoPNG) issued the appointment order through letter No. CA-31022/1/2024-PNG (49119) dated 12.02.2026. The directive specifically names Shri Deepak Gupta, currently serving as Director (Projects) at GAIL, to assume the position of Chairman and Managing Director.

Tenure and Transition Timeline

Gupta's appointment as Chairman and Managing Director will commence from the date of assumption of charge on or after 01.03.2026. The tenure is structured to continue until 28.02.2029, which corresponds to his superannuation date, or until further orders from the government, whichever occurs earlier. This three-year leadership term aligns with standard practices for senior executive appointments in government undertakings.

Regulatory Compliance and Disclosure

GAIL has fulfilled its regulatory obligations by disclosing this leadership change in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company communicated the appointment to both major stock exchanges where its shares are listed:

• National Stock Exchange of India Limited (Scrip Code: GAIL-EQ)
• BSE Limited (Scrip Code: 532155)

The disclosure was signed by Mahesh Kumar Agarwal, Company Secretary, and dated 12.02.2026, ensuring timely communication to stakeholders and the investment community.

Company Profile and Strategic Importance

GAIL (India) Limited operates as a Government of India Undertaking with Maharatna status, highlighting its strategic importance in the country's energy infrastructure. The company is headquartered at GAIL Bhawan, 16 Bhikaji Cama Place, R.K. Puram, New Delhi-110066, and plays a crucial role in India's natural gas sector development and operations.

This leadership transition represents continuity in GAIL's operations, with Gupta's existing experience as Director (Projects) providing institutional knowledge and operational expertise for his expanded role as the company's top executive.

GAIL (India) Limited has secured regulatory approval for its strategic equity investment in Leafiniti Bioenergy Private Limited, marking a significant milestone in the state-owned energy company's expansion into the bioenergy sector.

Regulatory Approval Details

The Department of Investment and Public Asset Management (DIPAM) has granted its concurrence for GAIL's equity participation proposal. The approval was formally communicated through the Ministry of Petroleum and Natural Gas (MOPNG) in a letter dated 04.02.2026, which referenced DIPAM's office memorandum issued on 22.01.2026.

Background and Timeline

This approval follows GAIL's earlier commitment to the investment, as evidenced by the execution of a Share Subscription cum Shareholders Agreement with Leafiniti Bioenergy Private Limited on 11.08.2025. The company had previously disclosed this agreement to the stock exchanges as part of its regulatory compliance obligations.

Strategic Significance

The investment represents GAIL's continued focus on diversifying its energy portfolio and expanding into renewable energy segments. Leafiniti Bioenergy operates in the bioenergy sector, aligning with GAIL's broader strategic objectives in clean energy initiatives.

Compliance and Disclosure

GAIL has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company secretary, Mahesh Kumar Agarwal, signed the disclosure document on 05.02.2026, ensuring timely communication to both the National Stock Exchange of India Limited and BSE Limited.

The approval from DIPAM, which oversees strategic decisions for public sector enterprises, provides GAIL with the necessary regulatory clearance to proceed with its equity participation in Leafiniti Bioenergy Private Limited.