Indraprastha Gas Limited has informed the Exchange regarding Notice of Postal Ballot and remote e-voting
IGL · price
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Indraprastha Gas Limited (IGL) has issued a postal ballot notice to seek shareholder approval for the appointment of Shri Raj Kumar Dubey (DIN: 10094167) as a Director of the company. Shri Dubey was nominated by promoter joint venture partner BPCL and was appointed as Additional Director and Chairman (Non-Executive) w.e.f. May 01, 2025. The shareholder approval is required under SEBI LODR Regulation 17(1C), which mandates approval within three months of a director's appointment. The remote e-voting period will run from Thursday, June 26, 2025 (9:00 AM IST) to Friday, July 25, 2025 (5:30 PM IST), with results expected on or before July 29, 2025. The cut-off date for eligibility is June 13, 2025. KFIN Technologies is the e-voting agency. Shri Dubey is an NIT Allahabad Mechanical Engineering alumnus with an MBA from Slovenia, bringing over 36 years of industry experience; he currently serves as Director (HR) with additional charge of Director (Marketing) at BPCL.
This is a routine corporate governance compliance filing for the appointment of a nominee director from promoter BPCL. As an ordinary resolution recommended by the Board, it is expected to pass without issue and is unlikely to materially affect the stock price.