Indraprastha Gas Limited (IGL) has announced a significant change in its board composition, extending the tenure of one of its key independent directors. This move underscores the company's commitment to maintaining stability and expertise in its governance structure.

Board Decision and Appointment Details

The Board of Directors of Indraprastha Gas Limited has approved the extension of Dr. Shyam Agrawal's tenure as an Independent Director. This decision was made through a resolution passed by circulation on December 05, 2025, following a recommendation from the Nomination and Remuneration Committee.

Key details of the re-appointment:

Implications for Corporate Governance

This extension is a significant move for IGL's corporate governance structure. Independent directors play a crucial role in ensuring transparency, accountability, and protecting the interests of all stakeholders. Dr. Agrawal's continued presence on the board for another year suggests that the company values his contributions and expertise.

Regulatory Compliance

IGL has affirmed that Dr. Agrawal is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. This statement aligns with regulatory requirements and reinforces the company's commitment to maintaining a board composed of qualified and eligible individuals.

Shareholder Approval

While the board has approved this extension, it's important to note that the re-appointment is subject to shareholder approval. This process ensures that the company's owners have a say in the composition of the board, aligning with best practices in corporate governance.

Conclusion

The extension of Dr. Shyam Agrawal's tenure as an Independent Director at Indraprastha Gas Limited reflects the company's focus on maintaining continuity in its board composition. As IGL moves forward, this decision may contribute to sustained strategic oversight and governance stability, potentially benefiting the company's long-term performance and stakeholder interests.

Indraprastha Gas Limited (IGL) has announced a price increase for Compressed Natural Gas (CNG) across several key cities in the Delhi-NCR region, effective November 16, 2025. This move is set to affect millions of daily commuters who rely on CNG-powered vehicles.

Price Hike Details

IGL has implemented a price hike of Rs 1.00 per kilogram for CNG in the following cities:

• Noida
• Greater Noida
• Ghaziabad
• Kanpur

Reason for the Increase

The company cited fluctuations in natural gas procurement costs as the primary reason for this price adjustment. These fluctuations in the global energy market have prompted IGL to revise its pricing strategy to maintain operational viability.

Impact on Commuters

This price hike is expected to have a direct impact on the daily travel expenses of millions of commuters in the Delhi-NCR region. The increase, while modest, could accumulate to significant amounts for regular CNG users over time.

IGL's Network

IGL operates an extensive network of over 950 CNG stations across the region, serving a large customer base. This wide reach means that the price change will affect a substantial portion of the local population relying on CNG-powered vehicles for their daily commute.

Implications for Consumers

While the price increase may seem small, it could have broader implications:

1. Increased Transportation Costs: Auto-rickshaws, taxis, and other public transport vehicles using CNG may adjust their fares to compensate for the higher fuel costs.
2. Household Budgets: Families using CNG vehicles may need to adjust their monthly budgets to account for the increased fuel expenses.
3. Environmental Considerations: Despite the price hike, CNG remains a cleaner alternative to traditional fuels, which may still encourage its continued use among environmentally conscious consumers.

As the effects of this price hike unfold, commuters in the Delhi-NCR region will need to adapt to the changing cost structure of their daily transportation needs.