Petronet LNG Limited has informed the Exchange regarding Cessation of Mr as Non- Executive Director of the company w.e.f. May 01, 2025.
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Petronet LNG's board has seen a routine change in its BPCL nominee director. Shri G. Krishnakumar, who was Chairman & Managing Director of promoter company Bharat Petroleum Corporation Limited (BPCL), superannuated from BPCL on April 30, 2025, and consequently ceased to be a Nominee Director on Petronet LNG's board from May 1, 2025. In his place, Shri Sanjay Khanna — Director (Refineries) at BPCL who has also taken additional charge as CMD — has been nominated as BPCL's new nominee director on Petronet LNG's board. Both directors held/hold non-executive nominee positions on behalf of BPCL, one of Petronet LNG's promoter shareholders. The change is part of a planned leadership succession at BPCL rather than any sudden departure.
This is a routine, pre-planned board-level change driven by BPCL's leadership succession. There is no operational, financial, or governance impact on Petronet LNG, and promoter representation on the board continues seamlessly through the new nominee.