Petronet LNG , India's leading liquefied natural gas importer, has announced changes in its leadership structure and an interim dividend for shareholders.

Leadership Extensions

The Board of Directors of Petronet LNG, in a meeting held on November 7, 2023, approved the extension of tenures for two key executives:

Both extensions are subject to approval from company members through a General Meeting or Postal Ballot. The extensions maintain existing terms and conditions for both executives.

Specifically for Shri Akshay Kumar Singh, the Board approved the extension of his tenure as Managing Director, CEO, and Key Managerial Personnel from February 1, 2024, to May 12, 2025. This extension will be on existing terms and conditions and requires approval from company members through a General Meeting or Postal Ballot.

Financial Update and Dividend Declaration

In the same board meeting, Petronet LNG also addressed its financial performance and shareholder returns:

• Interim Dividend: The board declared an interim dividend of Rs. 7.00 per share for the financial year 2023-24.
• Financial Results: The company reviewed and approved the unaudited financial results for the quarter and half-year ended September 30, 2023.

Additional Corporate Actions

• The record date and payment/dispatch date for the interim dividend will be announced in due course.
• The company confirmed that there are no outstanding defaults on loans and debt securities.

These decisions reflect Petronet LNG's commitment to maintaining stability in its leadership while also focusing on shareholder value. The extension of key executive tenures suggests confidence in the current management team's ability to guide the company through the evolving energy landscape.

Petronet LNG Limited , a key player in the Indian energy sector, has announced a significant upcoming board meeting that has caught the attention of investors and market watchers alike. The company's Board of Directors is set to convene on November 7, 2025, with two major items on the agenda: the consideration of an interim dividend for the financial year 2025-26 and the review of unaudited financial results for the quarter and half-year ended September 30, 2025.

Key Details of the Announcement

Implications for Investors and Insiders

The announcement of a potential interim dividend is often seen as a positive signal, reflecting the company's financial health and its commitment to shareholder returns. However, the company has emphasized that the dividend is still under consideration and subject to declaration by the board.

In line with regulatory requirements and to maintain market integrity, Petronet LNG has implemented a trading window closure. This measure prohibits insiders from trading in the company's securities during a specified period:

• Closure Period: October 1, 2025, through November 9, 2025 (both days inclusive)
• Affected Parties: All individuals classified as 'Insiders' under Petronet LNG's Code for Prevention of Insider Trading

This closure is a standard practice aimed at preventing the misuse of unpublished price sensitive information that could impact the company's stock price.

Regulatory Compliance

The company's actions align with the Securities and Exchange Board of India (SEBI) regulations, specifically:

1. Regulation 29(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2. Code for Prevention of Insider Trading in the Securities of Petronet LNG Limited
3. Circular issued by Stock Exchanges dated April 2, 2019

These measures underscore Petronet LNG's commitment to transparency and fair market practices, ensuring that all stakeholders have equal access to price-sensitive information.

As the market awaits the outcome of the November 7 board meeting, investors and analysts will be keenly watching for the financial results and any dividend announcement, which could provide insights into the company's performance and future outlook in the dynamic energy sector.