GAIL (India) Limited has received an official force majeure notice from Petronet LNG Limited (PLL) that will completely halt its liquefied natural gas supply allocation. The notice, issued on March 3, 2026, under the Gas Sale and Purchase Agreement, cites critical maritime navigation restrictions and facility shutdowns affecting Qatar-India LNG operations.

Force Majeure Declaration and Causes

The force majeure notice specifically identifies multiple operational challenges affecting LNG supply chains:

These constraints have created an operational environment where normal LNG vessel transit between India and Qatar has become untenable, forcing PLL to invoke force majeure provisions.

Supply Impact and Timeline

The complete cessation of LNG supply represents a significant disruption to GAIL's energy supply chain, requiring immediate assessment of downstream customer impacts.

Company Response and Mitigation

GAIL is actively assessing the situation regarding potential supply curtailments that may need to be imposed on downstream customers. However, the company has confirmed that LNG supplies from other sources and suppliers remain unaffected, providing some operational flexibility.

The company acknowledges that the potential impact of the ongoing force majeure situation cannot be quantified at this stage. GAIL is closely monitoring developments and has committed to keeping stock exchanges informed of any material updates as the situation evolves.

Regulatory Compliance

This disclosure has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding material developments affecting the company's operations.

GAIL (India) Limited has announced a major leadership transition with the retirement of its Chairman and Managing Director Shri Sandeep Kumar Gupta. The Maharatna company, which is a Government of India undertaking, informed both NSE and BSE about this significant change in directorship through an official communication dated March 1, 2026.

Leadership Transition Details

The company disclosed that Shri Sandeep Kumar Gupta ceased to be Chairman and Managing Director effective March 1, 2026, consequent upon his superannuation on February 28, 2026, from GAIL's services. This marks the completion of his tenure at the top leadership position of India's premier natural gas company.

Regulatory Compliance

The announcement was made in strict compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Mahesh Kumar Agarwal signed the official communication, which was digitally authenticated on March 1, 2026.

The disclosure was simultaneously sent to both major stock exchanges where GAIL shares are listed:

• NSE Limited: Scrip Code GAIL-EQ
• BSE Limited: Scrip Code 532155

Company Profile

GAIL (India) Limited operates as a Maharatna company under the Government of India, with its registered office located at GAIL Bhawan, 16 Bhikaji Cama Place, R.K. Puram, New Delhi. The company maintains its leadership position in India's natural gas sector and continues its operations across the energy value chain.

The leadership transition represents a routine change following the completion of the executive's tenure, with the company maintaining its commitment to regulatory transparency through timely disclosure to stakeholders and stock exchanges.