Indraprastha Gas has scheduled its 27th Annual General Meeting for September 24, 2026. The meeting will be held via Video Conferencing or Other Audio-Visual Means at 10:00 am.

The company released the notice on September 2, 2026, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report for FY26, including the Business Responsibility and Sustainability Report, is available on the company website.

Key Agenda Items

Shareholders will transact ordinary and special business during the meeting. Key resolutions include:

• Adopting the audited financial statements for the year ended March 31, 2026.
• Declaring a final dividend of ₹1.5 per equity share for FY26.
• Reappointing Mohit Bhatia as a director, who retires by rotation.
• Authorizing the Board to fix statutory auditor remuneration for FY27.

Special Business

The meeting will also ratify the remuneration of the Cost Auditor for FY27. The aggregate fee is capped at ₹2,92,000 plus out-of-pocket expenses limited to 10% of fees, along with applicable taxes.

This complies with Section 148 of the Companies Act, 2013 and the Companies (Audit and Auditors) Rules, 2014.

Indraprastha Gas Limited shareholders approved the appointment of Kumar Shanker as a director and the managing director of the company. The resolution was passed through a postal ballot on August 21, 2026, with overwhelming support across all shareholder categories.

The remote e-voting period ran from July 22, 2026, to August 20, 2026. Shareholders holding equity as on the cut-off date of July 3, 2026, were eligible to vote. A total of 2,014 voters cast 1,149,367,703 valid votes out of 1,400,001,600 outstanding shares, representing a participation rate of 82.10%.

Voting Breakdown

Promoter and promoter group entities voted unanimously in favor of the resolution. Public institutions also showed strong support, while public non-institutional shareholders recorded a higher dissent rate.

What the Numbers Show

The voting data reveals a clear divergence in engagement levels between institutional and retail shareholders. While promoters cast 100% of their votes in favor, public non-institutional shareholders had a participation rate of just 0.38% against their total shareholding of 195,966,267. This low turnout among retail investors contrasts sharply with the 90.35% participation rate among public institutions, indicating that the final outcome was heavily weighted toward large institutional block holders rather than dispersed retail ownership.