Indraprastha Gas has announced that its board of directors will convene on February 12 to consider the company's third quarter financial results. The scheduled board meeting represents an important corporate milestone as the natural gas distribution company prepares to disclose its quarterly performance to stakeholders.

Board Meeting Details

The company has formally notified that the board meeting will focus on reviewing and approving the financial results for the third quarter. This announcement aligns with standard corporate governance practices for publicly listed companies in India, ensuring timely and transparent disclosure of financial information.

Corporate Governance

The scheduled board meeting demonstrates the company's commitment to maintaining regular communication with investors and market participants. Such announcements are part of the structured quarterly reporting cycle that listed companies follow to ensure transparency and compliance with regulatory requirements.

The timing of this announcement provides stakeholders with advance notice of when the company's third quarter performance data will be made available, allowing investors and analysts to prepare for the upcoming financial disclosure.

Indraprastha Gas Limited has announced a postal ballot for seeking shareholder approval for the re-appointment of Dr. Shyam Agrawal as Independent Director. The company issued the notice on January 10, 2026, in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

E-Voting Schedule and Process

The remote e-voting period has been scheduled to provide adequate time for shareholder participation:

The company will send postal ballot notices exclusively through electronic mode to members whose email addresses are registered with the company or depositories. The notice is available on the company's website at www.iglonline.net and KFin's e-voting portal at evoting.kfintech.com.

Director Re-appointment Details

The special resolution seeks approval for extending Dr. Shyam Agrawal's tenure as Independent Director:

Dr. Agrawal was initially appointed as Non-Executive Independent Director through postal ballot for a three-year term. The Board of Directors, based on the Nomination and Remuneration Committee's recommendation and considering his skills, experience, and performance evaluation, has approved the one-year extension subject to shareholder approval.

Director Profile and Expertise

Dr. Shyam Agrawal brings significant professional expertise to the board:

He currently serves on multiple board committees of Indraprastha Gas Limited, including Chairman of the Audit Committee and member of Nomination & Remuneration Committee, CSR Committee, and Risk Management Committee. Dr. Agrawal also holds directorships in other companies including Venus Pipes & Tubes Limited, South Eastern Coalfields Limited, and Mayur Uniquoters Limited.

Regulatory Compliance and Voting Rights

The postal ballot complies with Sections 108, 110 of the Companies Act, 2013, and SEBI Listing Regulations. Regulation 25(2A) of SEBI Listing Regulations mandates that appointment of Independent Directors requires approval through special resolution. The Board has appointed Mr. Sachin Agarwal, FCS No. 5774, and in his absence, CS Shweta Jain, FCS No. 7152, of M/s Agarwal S. & Associates as Scrutinizer for conducting the postal ballot process.

Voting rights will be proportionate to the paid-up value of shares held as on the cut-off date of January 09, 2026. Members can access e-voting through their demat accounts via NSDL or CDSL platforms, or directly through KFin Technologies' portal. Corporate and institutional members must provide authorization documents to exercise voting rights through their representatives.