Petronet LNG Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
PETRONET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Petronet LNG Limited has announced the results of its Postal Ballot (notice dated 28th February 2026), with e-voting conducted from 6th March to 4th April 2026. Two ordinary resolutions were passed with requisite majority. Resolution 1 approved the appointment of Shri Neeraj Mittal (DIN: 05216366) as Director and Chairman, with 81.75% votes in favor (1,057,234,000 shares) and 18.25% against (236,064,990 shares). Resolution 2 approved the appointment of Ms. Avantika Singh Aulakh, IAS (DIN: 07549438) as Nominee Director representing GMB/GoG, with 77.44% votes in favor (1,001,483,473 shares) and 22.56% against (291,815,396 shares). Promoter group (750 million shares) voted 100% in favor of both resolutions, while public institutional investors showed notable dissent on the second resolution (53.77% against).
Both appointments have been approved, confirming Neeraj Mittal as the new Chairman of Petronet LNG and Avantika Singh Aulakh as Nominee Director. The high institutional dissent (43-54% against) signals some shareholder reservations, particularly on the nominee director appointment, though both resolutions cleared the required majority threshold.