Southern Gas Ltd CFO Shekhar Madhukar Nagwekar Resigns Cites New Opportunities
Southern Gas Ltd has announced the resignation of its Chief Financial Officer, Mr. Shekhar Madhukar Nagwekar, who is stepping down from his role as Key Managerial Personnel (KMP). The company confirmed that he will be relieved of his duties effective August 14, 2026.Mr. Nagwekar tendered his resignation on July 15, 2026, stating that the decision was based on personal reasons and in pursuit of new professional opportunities. He is set to conclude his service as CFO with effect from the close of business hours on August 14, 2026.
The company's operational footprint includes multiple production units across various locations. The listed units are:
| Location | Contact Details |
|---|---|
| Bengaluru | 7338667282/83 |
| Bhadravati | (08282) 270561, 270397 |
| Harihar | (08192) 241656 |
| Hubballi | (0836) 2970855 |
| Mysuru | (0821) 2403680, 2974364 |
| Kozhikode | (0495) 2482311 |
| Kochi | (0484) 2546895 |
| Thiruvananthapuram | (0471) 2705511, 2704161 |
| Tiruchirappalli | (0431) 2731124, 2731125 |
Details regarding Mr. Nagwekar's tenure and the nature of his departure are summarized below:
| Particulars | Details |
|---|---|
| Name | Mr. Shekhar Madhukar Nagwekar |
| Position | Chief Financial Officer (Key Managerial Personnel) |
| Resignation Date | July 15, 2026 |
| Cessation Date | August 14, 2026 |
| Reason for Change | Personal reasons and pursuit of new professional opportunities |
Stock Price Movement
At the close of trade on Monday, shares of Southern Gas Ltd settled at ₹25.00, marking a 5.00% gain from the previous day's close. The stock maintained complete stability throughout the session, as its intraday high and low were both locked at the ₹25.00 level.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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