Mahanagar Gas Limited has informed the Exchange regarding Appointment of Mr. Ajay Sinha as an Additional Director, designated as Deputy Managing Director of the Company w.e.f. August 23, 2025, subject to approval of shareholders of the Company.
MGL · price
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Mahanagar Gas Limited's board, at its meeting on August 22, 2025, approved two key appointments effective August 23, 2025. Mr. Ajay Sinha has been appointed as Additional Director designated as Deputy Managing Director for a 5-year term (till August 22, 2030) or until GAIL issues further orders, whichever is earlier, subject to shareholder approval. Mr. Pankaj Kuchhal has been appointed as Non-Executive Independent Director for a 3-year term (till August 22, 2028), also subject to shareholder approval. Mr. Sinha brings 30+ years of Oil & Gas experience and was already serving as Deputy MD at MGL on deputation from GAIL. Mr. Kuchhal is a veteran with 38+ years in downstream Oil & Gas and was formerly CEO of IHB Limited.
These are routine board-level appointments from GAIL's talent pipeline and add experienced Oil & Gas leadership. No negative signal; the appointments remain subject to shareholder approval at the next general meeting.