Mahanagar Gas Limited has informed the Exchange regarding Appointment of Mr Deepak Gupta as Chairman of the company w.e.f. March 01, 2026.
MGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mahanagar Gas Limited shareholders have approved two key appointments through postal ballot effective from March/April 2026. Mr. Deepak Gupta, a GAIL nominee with over 35 years of experience in oil and gas, has been appointed as Non-Executive Non-Independent Director and designated Chairman effective March 1, 2026. Simultaneously, Mr. Praveer Kumar Srivastava, also from GAIL with three decades of experience in gas operations and pipeline management, has been appointed Managing Director for five years (April 30, 2026 to April 29, 2031). Both appointees are not related to any existing directors. These appointments follow the postal ballot passed on May 19, 2026, with requisite majority.
The appointments reinforce GAIL's control over Mahanagar Gas with experienced senior executives from its parent company, providing continuity in leadership and alignment with GAIL's strategic direction in the natural gas sector.