Change in Director / Key Managerial Personnel
Nature of Change:
- Resignation/Cessation: Shri R K Jain (DIN: 08788595), Director (Finance) and Chief Financial Officer, ceased to be a Director effective 01.07.2026 due to superannuation on 30.06.2026.
- Appointment: Shri Satish Kumar Sinha (DIN: 10528036) appointed as Additional Director to hold the post of Director (Finance) & Chief Financial Officer effective 01.07.2026.
Profile of New Director (Finance) & CFO:
- Name: Shri Satish Kumar Sinha
- Qualifications: Commerce Graduate and qualified Cost and Management Accountant
- Experience: Over three decades of experience in the oil and gas sector, joined GAIL (India) Limited in 1994 as Management Trainee (Finance & Accounts)
- Previous Position: Executive Director (Finance & Accounts) at GAIL
- Board Experience: Served on boards of GAIL Global Singapore Pte Limited and GAIL Mangalore Petrochemicals Limited
- Expertise Areas: Corporate Finance, Corporate Accounts, Management Accounting, Investor Relations, Taxation, Treasury & Banking Operations, Costing, Budgeting, Project Evaluation, and Mergers & Acquisitions
- Key Contributions: Strengthened GAIL's financial systems, enhanced investor engagement, drove strategic financial decision-making, value creation through governance and compliance initiatives, cost optimization, large-scale investment appraisals, treasury management, and digital transformation initiatives including SAP implementation
Director Relationships:
- Shri Satish Kumar Sinha has no inter-se relationship with other Directors of the Company
Regulatory Compliance:
- Confirmation that Shri Satish Kumar Sinha is not debarred from holding office of Director by virtue of any SEBI/Ministry of Corporate Affairs or statutory authority
- Disclosure made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Document Details:
- Date: 01.07.2026
- Reference Number: ND/GAIL/SECTT/2026
Key Financial or Operational Approvals
No financial results or operational approvals were mentioned in this disclosure.
Strategic or Business Context
No strategic or business context information was provided in this disclosure.
Any Other Material Information
- The disclosure was also sent to: Deutsche Bank AG (Filiale Mumbai TSS & Global Equity Services), Beacon Trusteeship Limited, and London Stock Exchange Regulatory News Service Department (RNS)
- The company's registered office is at GAILBHAWAN, 16, Bhikaji Cama Place, R.K. Puram, New Delhi-110066, India