Mahanagar Gas Limited has informed the Exchange regarding Appointment of Mr Praveer Kumar Srivastava as Managing Director of the company w.e.f. April 30, 2026.
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Mahanagar Gas Limited announced two key leadership changes approved by shareholders via postal ballot on May 19, 2026. Mr. Praveer Kumar Srivastava has been appointed as Managing Director for a 5-year term starting April 30, 2026. He brings over three decades of experience at GAIL, having led operations across gas processing units, pipeline networks, and green energy initiatives including India's first hydrogen blending pilot project. Additionally, Mr. Deepak Gupta, a GAIL nominee and mechanical engineer with 35+ years of experience, was appointed as Non-Executive Chairman effective March 1, 2026. Both appointees are senior leaders from GAIL (India) Limited, which is the promoter of Mahanagar Gas. Neither appointee is related to existing directors.
These appointments provide continuity in leadership from the promoter group (GAIL) and bring experienced oil and gas sector veterans to guide the company's operations and growth strategy, including its clean energy transition initiatives.