GAIL (India) Limited has announced a significant change in its key managerial personnel structure with the appointment of Shri Deepak Asija as the new Company Secretary and Compliance Officer. The appointment, effective from March 6, 2026, was approved by the company's Board of Directors during their meeting held on February 27, 2026.

Board Approval and Transition Details

The Board meeting, which commenced at 4:00 p.m. and concluded at 5:30 p.m. on February 27, 2026, approved the appointment considering the operational requirements of the company. Asija will assume his new role replacing Shri Mahesh Kumar Agarwal, who currently serves as Company Secretary.

Professional Background and Qualifications

Shri Deepak Asija brings substantial expertise to his new role, with comprehensive educational qualifications and extensive industry experience. He holds a commerce degree from Delhi University and is a qualified Company Secretary. Additionally, he is a Law Graduate, providing him with a well-rounded professional foundation.

Asija's career with GAIL spans over two decades, having joined the organization in 2004. His most recent significant role was serving as Company Secretary of GAIL Gas Limited, a wholly owned subsidiary of GAIL, from 2016 until April 2025. This experience has provided him with deep insights into the company's operations and regulatory requirements.

Career Progression and Experience

Prior to his long tenure with GAIL, Asija gained valuable experience in the secretarial domain working with HUDCO (Housing and Urban Development Corporation) for approximately six years, where he served as Deputy Company Secretary. This diverse experience across different organizations has equipped him with comprehensive knowledge of corporate governance and compliance requirements.

Regulatory Compliance

This appointment announcement has been made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed both the National Stock Exchange of India Limited and BSE Limited about this key managerial personnel change, ensuring full transparency with all stakeholders.

The transition represents GAIL's commitment to maintaining strong corporate governance standards while ensuring continuity in its secretarial and compliance functions. With over two decades of experience in the secretarial domain, Asija is well-positioned to support the company's operational and regulatory requirements in his new capacity.

GAIL (India) Limited has received board approval for a major renewable energy expansion with the establishment of a greenfield 178.2 MW wind project in Maharashtra. The board of directors approved this significant investment during their meeting, which commenced at 4:00 p.m. and concluded at 5:30 p.m.

Project Investment and Financing

The wind energy project requires a substantial investment of ₹1,736.25 crores and will be financed through a combination of debt and equity. This investment underscores the company's commitment to expanding its renewable energy footprint as part of its broader business growth strategy.

Capacity Expansion Details

The project details reveal a significant expansion of GAIL's wind energy capabilities:

Implementation Timeline

The proposed capacity addition of 178.2 MW is scheduled to be completed within 24 months from the award of the Lump Sum Turnkey (LSTK) contract. This timeline reflects the company's commitment to efficient project execution and rapid deployment of renewable energy infrastructure.

Strategic Rationale

The wind project aligns with GAIL's business growth objectives and represents a strategic move to enhance the company's renewable energy portfolio. With existing wind capacity of 117.95 MW operating at full utilization, the new project will more than double the company's wind energy generation capability.

Regulatory Compliance

This disclosure has been made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Company Secretary Mahesh Kumar Agarwal and communicated to both the National Stock Exchange of India Limited and BSE Limited.