Gujarat State Petronet Ltd (GSPL) has appointed Lokesh Agarwal as its Chief Financial Officer (CFO), effective November 30, 2025. Agarwal brings over 28 years of rich experience in finance and corporate management, reinforcing GSPL’s leadership to support its strategic growth ambitions.
Gujarat State Petronet Ltd, a key player in natural gas transmission, has announced the appointment of Shri Lokesh Agarwal as Chief Financial Officer. The decision was approved by the Board of Directors in August 2025, with Agarwal assuming office on or before November 30, 2025. Agarwal replaces the interim CFO and brings extensive expertise spanning over 28 years in finance, corporate governance, and strategy.
Lokesh Agarwal holds multiple professional qualifications including B.Com, LL.B, Chartered Accountant (CA), Company Secretary (CS), and CMA. Before joining GSPL, he served as Director - Finance at Westrock India Pvt. Ltd., Mumbai, demonstrating strong leadership in financial operations and strategic management.
GSPL’s Board also appointed an interim CFO, Shri Amit Shah, to oversee financial affairs during the transition. Agarwal’s addition aims to bolster GSPL’s financial management as the company continues to expand and consolidate its position in India’s natural gas infrastructure sector.
Key Highlights:
Lokesh Agarwal appointed CFO of Gujarat State Petronet Ltd, effective Nov 30, 2025.
Agarwal has 28+ years of experience with qualifications including CA, CS, CMA.
Formerly Director - Finance at Westrock India Pvt. Ltd., Mumbai.
Interim CFO Amit Shah manages financials during transition.
Strengthens GSPL’s leadership to support growth and operational efficiency.
Source: Gujarat State Petronet Ltd board announcement and market disclosures.