Bhagawati Gas Limited Board Approves Mrs. Shachi Bhardwaj's Designation Change

2 min read Updated on 28 Mar 2026, 04:02 AM

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Radhika SScanX News Team

AI Summary

Bhagawati Gas Limited announced the Board's approval for Mrs. Shachi Bhardwaj's designation change from Non-executive Non-independent Director to Whole-time Director and Executive, effective April 01, 2026, for a 5-year term subject to member approval. The decision was made during a board meeting on March 27, 2026, following the Nomination and Remuneration Committee's recommendation, with full regulatory compliance under SEBI regulations.

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Bhagawati Gas Limited has announced a significant leadership change with the Board of Directors approving the change in designation of Mrs. Shachi Bhardwaj from Non-executive Non-independent Director to Whole-time Director and Executive of the company. The decision was made during a board meeting held on March 27, 2026, at 04:00 P.M at the company's corporate office in Greater Kailash-I, New Delhi.

Board Meeting Outcome

The board meeting, which commenced at 04:00 P.M and concluded at 05:15 P.M, was conducted following the recommendation of the Nomination and Remuneration Committee. The company has formally communicated this corporate development to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Meeting Date:	March 27, 2026
Meeting Time:	04:00 P.M to 05:15 P.M
Venue:	S-492/A, Greater Kailash-I, New Delhi-110048
Effective Date:	April 01, 2026
Term Duration:	5 consecutive years
Security Code:	500051
Security ID:	BHAGGAS

Appointment Details and Regulatory Framework

Mrs. Shachi Bhardwaj, who holds DIN 07232850, will transition from her current role as Non-executive Non-independent Director to Whole-time Director and Executive of the company. The appointment is effective from April 01, 2026, for a term of 5 consecutive years, subject to the approval of the company's members. The company has confirmed compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, with additional required information to be disclosed in due course.

Director Profile and Experience

Mrs. Shachi Bhardwaj has been serving as a Director of Bhagawati Gas Limited since July 08, 2015. She brings over 9 years of experience in business and industry to her new role and possesses sound practical knowledge. According to the company, she has been instrumental in supporting the company's growth and operations during her tenure.

Director Details:	Information
Name:	Mrs. Shachi Bhardwaj
DIN:	07232850
Current Position:	Non-executive Non-independent Director
New Position:	Whole-time Director and Executive
Service Since:	July 08, 2015
Experience:	Over 9 years in business and industry
Family Relations:	Wife of Mr. Rakesh Samrat Bhardwaj, Mother of Mr. Dyuman Samrat Bhardwaj

Regulatory Compliance and Disclosure

Bhagawati Gas Limited has confirmed that Mrs. Shachi Bhardwaj is not debarred from holding the office of director by virtue of any order of Securities and Exchange Board of India or any other such authority. The company has stated that additional information required under Regulation 30 of Listing Regulations will be disclosed in due course. The information has been uploaded on the company's website at www.bglgroup.in in compliance with Regulation 46 of the Listing Regulations. The official communication was digitally signed by Managing Director Rakesh Samrat Bhardwaj on March 27, 2026.

What strategic initiatives might Mrs. Shachi Bhardwaj implement as Whole-time Director to drive Bhagawati Gas Limited's expansion in India's evolving energy sector?