Shashi Shanker
ONGC career officer (CMD, ONGC)
399days after leaving Chairman and Managing Director, Oil and Natural Gas Corporation (ONGC). Then Adani Total Gas Ltd.
The cooling-off rule
ONGC superannuation 31 Mar 2021 to ATGL board 4 May 2022.
The rule: DPE O.M. of 15 May 2008: a CPSE functional director or chief executive needs Government approval to join, within one year of leaving, a firm with which the company has or had business relations.
The gap exceeds the one-year DPE period, so no approval was required.
Before and after
Documented
Chairman and Managing Director, Oil and Natural Gas Corporation (ONGC)
399 days after leaving.
Documented
Adani Total Gas Ltd (ATGL)
Additional Director (Non-Executive, Independent), 3 years from 4 May 2022; re-appointed for a second 3-year term from 4 May 2025
Shanker , who superannuated as the head of India's largest oil and gas producer on March 31, 2021, was appointed to the board of ATGL on May 4.
ETEnergyworld / PTI · ATGL (fetched via r.jina.ai) · ATGL / NSE
What the office had to do with the company
No ONGC decision in his CMD tenure (Oct 2017-Mar 2021) involving an Adani company was found. ONGC did have business relations with Adani Gas before his tenure: an October 2014 gas-sale allocation from the Gamij field (Business Standard). An ONGC gas e-auction in which Adani Total Gas bought gas was in September 2022, after he left. ATGL's partner TotalEnergies is not an ONGC regulatee.
What was said
None found; none sought.
Sources
Dates and filings placed side by side; being listed is not a finding of wrongdoing. Sources were opened on Oct 2026.