SEPC Ltd. Adds Ex-GAIL CMD Ashutosh Karnatak to Board

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AuthorIshaan Verma|Published at:
SEPC Ltd. Adds Ex-GAIL CMD Ashutosh Karnatak to Board
Overview

SEPC Limited has appointed Dr. Ashutosh Karnatak, former CMD of GAIL (India) Ltd., as a Non-Executive, Independent Director for a five-year term starting April 6, 2026. The move aims to strengthen the company's governance and strategic direction, drawing on Karnatak's extensive experience in energy and infrastructure. The appointment awaits shareholder approval, marking a key leadership development for SEPC.

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SEPC Bolsters Board with Ex-GAIL CMD Ashutosh Karnatak Appointment

SEPC Limited has appointed Dr. Ashutosh Karnatak as a Non-Executive, Independent Director for a five-year term beginning April 6, 2026. The company expects this move to enhance its board oversight and leverage Dr. Karnatak's significant experience in the energy and infrastructure sectors.

Dr. Karnatak previously served as the Chairman and Managing Director (CMD) of GAIL (India) Ltd., where he gained deep expertise in core infrastructure and regulatory frameworks. His leadership background is anticipated to offer valuable strategic guidance and strengthen corporate governance at SEPC.

The appointment follows a recommendation from SEPC's Nomination and Remuneration Committee. It is now subject to shareholder approval, a critical next step for its full ratification. SEPC operates in the engineering, procurement, and construction (EPC) sector, developing infrastructure projects. The addition of a director with extensive experience in a major public sector undertaking is a key development for SEPC's leadership and future strategic direction.

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