Indraprastha Gas has announced a change in its Chief Financial Officer (CFO) position, with Manjeet Singh Gulati designated as the new CFO effective May 21, 2026. The development comes as the incumbent CFO, Sanjay Kumar, ceases in the role on the same date following his repatriation to BPCL, a promoter company of Indraprastha Gas.

Key Appointment Details

The following table outlines the details of the CFO transition as disclosed under Regulation 30 of SEBI guidelines:

Profile of Incoming CFO

Shri Manjeet Singh Gulati is a qualified CA, CS, and CMA with rich overall experience of around 25 years in the areas of finance, taxation, and audit. Prior to his elevation, he served as VP (Finance) at Indraprastha Gas. The company has also disclosed that he is not related to any of the Directors of the company, in compliance with regulatory disclosure norms.

Leadership Transition

The CFO transition at Indraprastha Gas reflects a structured leadership change within the organisation. Shri Sanjay Kumar's cessation from the CFO role is attributed to his repatriation to BPCL, one of the promoter companies of Indraprastha Gas, which is a joint venture of GAIL (India) Ltd., BPCL, and the Government of NCT of Delhi. The appointment and cessation have been disclosed pursuant to Regulation 30 and the relevant SEBI Circular.

Indraprastha Gas has informed the stock exchanges that its Board of Directors meeting, originally scheduled for May 7, 2026, has been rescheduled to May 18, 2026, due to certain unavoidable circumstances. The rescheduled meeting will consider and approve the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026, along with the recommendation of a final dividend for Financial Year 2025-26. The intimation, dated May 06, 2026, was communicated via a letter signed by Vivek Sahay, Company Secretary & Compliance Officer, addressed to the Listing Compliance departments of BSE Ltd. and National Stock Exchange of India Ltd.

The company, a joint venture of GAIL (India) Ltd., BPCL, and the Government of NCT of Delhi, operates in the natural gas distribution sector. The rescheduling was disclosed under Regulation 30 of the applicable securities market regulations as a routine corporate compliance requirement.

Trading Window Closure

In accordance with insider trading regulations, Indraprastha Gas had already closed its trading window with effect from April 1, 2026. Following the rescheduling, the window will now remain closed until 48 hours after the audited financial results are made public on May 18, 2026. This measure is intended to prevent any potential insider trading activities during the period of unpublished price-sensitive information.

Key Meeting Details

The following table summarises the updated details of the rescheduled Board meeting:

The notice has been addressed to the Listing Compliance departments of BSE Ltd. and National Stock Exchange of India Ltd. for their information and records.