Petronet LNG Limited has announced the results of its postal ballot conducted through remote e-voting for two key director appointments. The voting process, which took place from March 6 to April 4, 2026, resulted in the successful appointment of both proposed directors with majority shareholder support.

Voting Process and Timeline

The postal ballot was conducted through Notice dated February 28, 2026, with the remote e-voting period commencing on Friday, March 6, 2026 at 9:00 a.m. IST and concluding on Saturday, April 4, 2026 at 5:00 p.m. IST. The company utilized National Securities Depository Limited (NSDL) services for the electronic voting facility, with notices sent electronically to all eligible shareholders as of the cut-off date of February 27, 2026.

Resolution Results Overview

Both resolutions were passed as ordinary resolutions with strong participation from shareholders:

Resolution 1: Appointment of Neeraj Mittal as Chairman

The first resolution to appoint Shri Neeraj Mittal (DIN: 05216366) as Director and Chairman received strong support across shareholder categories:

The resolution was approved with 1,057,234,000 votes in favor representing 81.75% of the total votes polled, while 236,064,990 votes (18.25%) were cast against the resolution.

Resolution 2: Appointment of Avantika Singh Aulakh

The second resolution to appoint Ms. Avantika Singh Aulakh, IAS (DIN: 07549438) as Nominee Director (GMB/GoG) showed the following results:

This resolution received approval from 1,001,483,473 votes (77.44%) out of 1,293,298,869 total votes polled, with 291,815,396 votes (22.56%) against the appointment.

Scrutinizer Confirmation

Ragini Chokshi, Partner of M/s. Ragini Chokshi & Co., Practicing Company Secretaries, served as the appointed Scrutinizer for the postal ballot process. The scrutinizer's report, dated April 6, 2026, confirmed that both resolutions were passed with requisite majority as per the provisions of the Companies Act, 2013. The e-voting results were downloaded in the presence of two independent witnesses, Mr. Harshit Dave and Mr. Parv Jain.

Regulatory Compliance

The voting results have been made available on the company's website at www.petronetlng.in , NSDL's e-voting portal at www.evoting.nsdl.com , and on the notice board at the company's registered office. The process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (LODR) Regulations, 2015. The company has informed BSE Limited and National Stock Exchange of India Limited about the voting results through official communication dated April 6, 2026.

Petronet LNG has commenced a major capacity expansion project at its Dahej LNG terminal, marking a significant milestone in the company's infrastructure development strategy. The expansion will increase the terminal's capacity from 17.5 MMTPA to 22.5 MMTPA, representing a substantial enhancement of 5 MMTPA.

Project Details

The expansion project details are outlined below:

Strategic Infrastructure Development

The Dahej terminal expansion represents a strategic move to enhance LNG handling capabilities. The additional 5 MMTPA capacity will significantly boost the terminal's throughput potential, positioning it as a key infrastructure asset in India's energy landscape.

Timeline and Completion

With the project now underway, Petronet LNG has set a clear timeline for completion. The expansion is scheduled to be completed on 31 March 2026, providing a defined timeframe for the capacity enhancement project. This timeline allows for systematic execution of the expansion work while maintaining operational efficiency at the existing facility.