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Adani Total Gas, the gas distribution arm of the Adani Group, announced the resignation of its Chief Financial Officer, Parag Parikh, effective September 30. Parikh, an industry veteran with nearly three decades of experience, cited his intention to pursue external professional opportunities as the reason for his departure. In a letter to the board, he stated that there was no other material reason for his resignation apart from this.

Parikh had been with Adani Total Gas for over six years and had previously worked with the GMR Group, where he served as Group Head of Finance. He has also been a member of the Federation of Indian Chambers of Commerce and Industry (FICCI) CFO Council since January 2025. Parikh holds a Bachelor’s degree in Commerce from Jai Hind College and a Master’s degree in Commerce from the University of Mumbai.

Adani Total Gas confirmed that Parikh’s departure follows standard procedures and expressed appreciation for his contributions to the company. The company is currently in the process of appointing a new Chief Financial Officer and will make an announcement in this regard soon. Parikh’s resignation comes as the company continues to operate and expand its gas distribution network.

Parikh’s experience spans multiple sectors in India, and his resignation is seen as a significant change in the company’s leadership. However, the company has assured that his departure will not disrupt its operations and that it is well-equipped to handle the transition. The appointment of a new CFO is expected to be announced soon, and the company will continue to move forward with its plans and projects.

The resignation of Parag Parikh is a significant development in the company’s history, but Adani Total Gas is confident that it will continue to grow and expand its operations. The company’s commitment to appointing a new CFO and its appreciation for Parikh’s contributions demonstrate its focus on maintaining stability and continuity in its leadership. With Parikh’s departure, the company is poised to enter a new phase of growth and development, and his legacy will continue to shape the company’s future.