Indraprastha Gas Limited has announced a significant leadership change with the appointment of Shri Subhankar Sen as Chairman, effective April 01, 2026. The Board of Directors approved this transition through a resolution passed by circulation on March 31, 2026, marking the end of Shri Raj Kumar Dubey's tenure in the same role.

Leadership Transition Details

The chairman change follows the company's established governance structure, where promoter companies GAIL and BPCL nominate the Chairman on a rotational basis for two-year terms. The transition details are outlined below:

Shri Raj Kumar Dubey had been serving as Chairman since May 01, 2025. However, due to his superannuation from BPCL, the promoter company has nominated Shri Subhankar Sen as his replacement.

New Chairman's Professional Background

Shri Subhankar Sen brings extensive experience to his new role as Chairman of Indraprastha Gas Limited. Currently serving as Director (Marketing) at Bharat Petroleum Corporation Ltd (BPCL), he oversees comprehensive marketing functions across multiple business verticals.

Key Responsibilities at BPCL

Sen's current portfolio at BPCL encompasses diverse business areas:

• Retail operations and fuel station networks
• LPG distribution and marketing
• Lubricants business development
• Aviation fuel services
• Industrial and commercial segments
• Gas business operations
• Consumer retailing initiatives

Career Achievements and Expertise

With over three decades of industry experience, Sen has demonstrated leadership across various strategic initiatives. His notable contributions include leading BPCL's MAK Lubricants business through research and development initiatives, focusing on indigenisation drives aligned with "Atmanirbhar Bharat" objectives.

Business Expansion and Innovation

Sen has successfully expanded lubricant business operations across multiple international markets including India, Nepal, Bangladesh, Sri Lanka, UAE, and Africa. His leadership in retail operations involved managing a network of 6000 energy stations, driving market growth through technology and digital solutions.

Strategic Brand Development

Throughout his career, Sen has contributed to building pioneering brands and strategic initiatives:

• Pure for Sure fuel quality assurance
• Speed premium fuel offerings
• PetroBonus loyalty programs
• SmartFleet commercial solutions
• BPCL-SBI co-branded credit cards
• In&Out convenience stores
• UFill fuel delivery services

Energy Transition Leadership

Sen has played a crucial role in BPCL's energy transition initiatives, particularly in electric vehicle charging infrastructure development. As Oil Industry Coordinator, he led the eDrive program focusing on "EV Fast Charging Corridors" and worked closely with government policy makers on energy transition strategies.

Governance and Compliance

The newly appointed Chairman meets all regulatory requirements for the position. Sen has no relationships with other Directors and is not debarred from holding directorial positions by SEBI or other authorities. He does not hold any shares in Indraprastha Gas Limited, ensuring independence in his governance role.

Indraprastha Gas Limited has announced a comprehensive restructuring of its senior management with the appointment of seven new Heads of Department (HODs) across key operational areas. The appointments, disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, will take effect from April 01, 2026.

New Leadership Appointments

The company has strategically positioned experienced professionals across critical operational divisions to strengthen its management structure. All seven appointees bring substantial experience in the City Gas Distribution (CGD) sector, with tenure ranging from 19 to 29 years in oil and gas operations.

Professional Backgrounds

The newly appointed HODs represent a diverse mix of engineering expertise and specialized qualifications. Shri Manoj Kumar Gupta, taking charge of CNG and LNG Marketing & Gas Sourcing, brings the most extensive experience with 29 years in the Oil & Gas sector, including previous tenure at BPCL since 1996. His educational background includes a degree in Electrical Engineering from Birla Institute of Technology, Mesra, Ranchi.

Shri Deep Chand Jain, appointed as HOD - Projects, contributes 26 years of CGD sector experience, having joined IGL in 2000. Several appointees, including Shri Bhudev Singh (PNG O&M) and Shri Hemant Singh (Fire & Safety), hold Mechanical Engineering degrees and have been with the company since the early 2000s.

Strategic Organizational Structure

The appointments reflect IGL's focus on operational excellence across its core business segments. The segregation of responsibilities includes dedicated leadership for Piped Natural Gas (PNG) operations and marketing, Compressed Natural Gas (CNG) operations and marketing, project management, and safety protocols. Shri Amandeep Singh Narang's appointment to PNG Marketing, Customer Care & Advocacy brings specialized expertise with his MBA in Marketing and PG Diploma in Journalism.

Regulatory Compliance

The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30 pertaining to changes in senior management. The announcement was signed by Vivek Sahay, Company Secretary & Compliance Officer, and communicated to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026.

This management restructuring positions Indraprastha Gas Limited with experienced leadership across all major operational verticals as the company continues its operations in the CGD sector. The appointments become effective from April 01, 2026, marking a new phase in the company's organizational structure.