Gail (India) Ltd

Appointment of Government Nominee Director

• Shri Rajeev Kumar appointed Government Nominee Director, MoP&NG.
• Profile: Deputy Director General, MoP&NG; extensive petroleum and natural gas policy experience.
• Nomination communicated by MoP&NG in letter dated 29.09.2026.
• Effective date: upon completion of appointment formalities.
• Term: up to three years or co-terminus with MoP&NG tenure.

Appointment

• Shri Manoj Kumar Sharma assumes charge as Director (Projects) of GAIL (India) Limited.

Background

• Previously Executive Director and Regional Head, Eastern Region Pipelines at IOCL; 30+ years in energy infrastructure.

Board experience

• Has served as nominee director on GSPL India Transco, GSPL India Gasnet, and KSPPL.

Director appointment

• Manoj Kumar Sharma appointed Director (Projects) effective 19 September 2026.

Appointment details

• Appointment of Shri Manoj Kumar Sharma as Director (Projects) / Additional Director from charge date.
• Effective from the date of assumption of charge; till 30.04.2031 or until further orders.
• Board approved appointment on 18.09.2026; MoP&NG nominated him.

Profile and background

• Profile: ME in Production & Industrial Engineering from Delhi College of Engineering; XIMB PGDBM.
• Over 30 years in oil and gas; IOCL Executive Director (Projects) and Regional Head.
• Board-level experience on GITL, GIGL, and KSPPL as IOCL nominee director.

Compliance and relationships

• Not related to other directors at GAIL.
• Not debarred by SEBI or MCA or any statutory authority.

Meeting Details

• Date and time: 21 September 2026, 11:45 AM onwards.
• Type and mode: Group, physical meeting.
• Event/organiser: Asia Energy Security Field Trip.
• Location: GAIL Corporate Office, New Delhi.
• Meeting type: Investor Group meeting.
• Purpose: Analyst/Institutional investor meet scheduled.

Board / KMP update

• No director or KMP changes reported in this filing.

Event overview

• GAIL, Petronet LNG, MC² Foundation organized MC² Plus IGNITE Hyderabad Connect at IIT Hyderabad.
• Keynote by Dr. Anil K. Khandelwal emphasized innovation culture and digital asset management.
• Program aims to mentor startups via MC² Plus accelerator with convertible funding up to ₹50 lakh.
• Milestone-based funding up to ₹1.5 crore available; aims to support 30 high-potential early-stage startups.
• Five imperatives for energy sector highlighted: efficiency, net-zero, self-reliance, and innovation deployment in India.
• Event showcased collaboration among startups, academia, research institutions, and oil & gas industry.

Meeting Details

• Date/time: 10 September 2026, 10:00 a.m. onwards.
• Mode: Physical; location: Mumbai.
• Event/organiser: UBS India Summit 2026.
• Meeting type: Investor Group, One on One & Group Meetings.
• Purpose: Analyst/institutional investor interaction.
• Participants: GAIL officials (management) to attend.

AGM details

• AGM held on 27.08.2026 at 11:30 a.m. via VC/OAVM.
• Cut-off for voting eligibility: 20.08.2026.
• Total shareholders on cut-off: 1,585,741.
• Remote e-voting 23.08.2026 to 26.08.2026; voting during AGM.
• Meeting duration: 11:30 a.m. to 1:17 p.m.

Key resolutions

• Resolution 1: Adopt audited financial statements, Board’s report, and CAG comments.
• Resolution 2: Declare final dividend for 2025-26 (@5%).
• Resolution 3: Appoint/re-appoint R K Singhal (Business Development).
• Resolution 4: Appoint/re-appoint Ayush Gupta (HR).
• Resolution 5: Approve Rohit Mathur as Government Nominee Director.
• Resolution 6: Approve Satish Kumar Sinha as Director (Finance).
• Resolution 7: Ratify remuneration of Cost Auditors.
• Resolution 8: Approve RPT with Petronet LNG Limited.
• Resolution 9: Approve RPT with Indraprastha Gas Limited.
• Resolution 10: Approve RPT with Mahanagar Gas Limited.
• Resolution 11: Approve RPT with Ramagundam Fertilizers and Chemicals Limited.

Voting results

• Res 1 passed: 98.99% in favour, 1.01% against.
• Res 2 passed: 99.72% in favour, 0.28% against.
• Res 3 passed: 88.15% in favour, 11.85% against.
• Res 4 passed: 88.14% in favour, 11.86% against.
• Res 5 passed: 87.88% in favour, 12.12% against.
• Res 6 passed: 91.68% in favour, 8.32% against.
• Res 7 passed: 99.72% in favour, 0.28% against.
• Res 8 passed: 99.51% in favour, 0.49% against.
• Res 9 passed: 99.53% in favour, 0.47% against.
• Res 10 passed: 99.53% in favour, 0.47% against.
• Res 11 passed: 99.53% in favour, 0.47% against.

Dividend

• Final dividend of 5% (Re 0.50 per equity share) approved.

Director changes

• R K Singhal re-appointed as Director (Business Development).
• Ayush Gupta re-appointed as Director (HR).
• Rohit Mathur appointed Government Nominee Director.
• Satish Kumar Sinha appointed Director (Finance).

Auditor/Cost approvals

• Remuneration of Cost Auditors ratified.

Material related party transactions

• Petronet LNG Limited: approval of related party transactions.
• Indraprastha Gas Limited: approval of related party transactions.
• Mahanagar Gas Limited: approval of related party transactions.
• Ramagundam Fertilizers and Chemicals Limited: approval of related party transactions.

AGM details

• AGM held on 27.08.2026 at 11:30 a.m. via VC/OAVM.
• 158 members joined via virtual mode; quorum met.
• Remote e-voting from 23.08.2026 to 26.08.2026; 15 minutes post-AGM for remaining votes.

Resolutions and outcomes

• Adopt audited standalone and consolidated financial statements for FY 2025-26; outcome not disclosed.
• Declare final dividend for FY 2025-26 at 5% (₹0.50 per share); outcome not disclosed.
• To re-appoint Shri R K Singhal, Director (Business Development), retiring by rotation.
• To re-appoint Shri Ayush Gupta, Director (HR), retiring by rotation.
• Approve appointment of Shri Rohit Mathur as Government Nominee Director.
• Approve appointment of Shri Satish Kumar Sinha as Director (Finance).
• Approve ratification of remuneration of Cost Auditors.
• Approve material related party transactions with Petronet LNG Limited.
• Approve material related party transactions with Indraprastha Gas Limited.
• Approve material related party transactions with Mahanagar Gas Limited.
• Approve material related party transactions with Ramagundam Fertilizers and Chemicals Limited.