Petronet LNG Limited has received an official Force Majeure notice from its LNG supplier QatarEnergy on March 5, 2026, following ongoing Middle East hostilities that are preventing safe transit of LNG vessels through the Strait of Hormuz. This development comes as a continuation of the company's earlier submission to stock exchanges dated March 3, 2026, regarding potential Force Majeure notices.

Official Force Majeure Notice Received

The company received the formal Notice of Force Majeure from QatarEnergy, confirming the materialization of the Force Majeure event that was anticipated in earlier communications. The ongoing war in the Middle East region involving Iran and Israel has created significant operational challenges for LNG transportation, with vessels unable to safely transit through the Strait of Hormuz to reach Ras Laffan, QatarEnergy's loading port.

Corresponding Notices to Off-takers

Consequently, Petronet LNG has issued corresponding Force Majeure notices to all its off-takers under the relevant Gas Sale and Purchase Agreements on March 5, 2026. The company has formally notified its key customers about the Force Majeure situation to ensure compliance with contractual obligations.

Financial Impact Assessment

The company has stated that the likely impact of the Force Majeure event, which is currently ongoing, cannot be estimated at this point in time. As previously disclosed, acts of war are excluded under the company's Business Interruption Insurance covers, meaning the financial impact from the current Force Majeure situation will not be covered by existing insurance policies.

Regulatory Compliance and Monitoring

The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Petronet LNG emphasized that it is closely monitoring the developments and will keep stock exchanges informed of any material updates regarding the situation. The company's proactive communication demonstrates its commitment to maintaining transparency with stakeholders during this challenging operational period.

Petronet LNG Limited has issued a postal ballot notice to shareholders for the appointment of two directors, following regulatory compliance requirements under the Companies Act, 2013 and SEBI LODR Regulations, 2015.

Director Appointments Under Consideration

The postal ballot seeks shareholder approval for two key appointments made by the Board of Directors on January 16, 2026:

Both directors were appointed as Additional Directors and hold office until the next General Meeting or three months from appointment date, whichever is earlier. The appointments require shareholder approval within three months as mandated by Regulation 17(1C) of SEBI LODR, 2015.

E-voting Timeline and Process

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities to shareholders. The voting process follows a structured timeline:

Voting rights will be proportionate to shares held in the paid-up equity share capital as on the cut-off date. The postal ballot notice is being sent electronically to members whose email addresses are registered with the company or depositories.

Leadership Profiles

Shri Neeraj Mittal - Proposed Chairman

Dr. Neeraj Mittal brings extensive administrative experience as a senior IAS officer of the Tamil Nadu cadre since 1992. His qualifications include:

• B.Tech in Electrical Engineering from IIT Kanpur
• MBA from Cranfield University, UK
• Ph.D from Ohio State University, USA in Management Information Systems

His career highlights include serving as Secretary in the Department of Telecom, instrumental roles in LPG Cash Transfer program and 'Give It Up' campaign, and positions as CEO of Tamil Nadu Industrial Guidance and Export Promotion Bureau and Senior Advisor to Executive Director at World Bank, Washington DC.

Ms. Avantika Singh Aulakh - Proposed Nominee Director

Ms. Aulakh, a 2003 batch IAS officer, was nominated by Gujarat Maritime Board through Gujarat State Petroleum Corporation (GSPC) under the Dahej LNG Port Terminal Concession Agreement. Her credentials include:

• B.E. (Instrumentation & Control Engineering) from Netaji Subhas Institute of Technology, Delhi
• Masters in Public Administration from Harvard University's John F. Kennedy School of Government

She has served as District Collector in multiple Gujarat districts, received Best District Collector awards for Vadodara (2015-16) and Bharuch (2012-13), and currently holds managing director positions at Gujarat Gas Limited, Gujarat State Petroleum Corporation Limited, and other prominent companies.

Regulatory Compliance and Shareholder Communication

The postal ballot process complies with various MCA circulars issued between 2020-2025, allowing electronic-only communication to registered email addresses. Physical copies are not being distributed in line with regulatory exemptions.

Shareholders can access the postal ballot notice on the company's website at www.petronetlng.in and NSDL's e-voting portal at www.evoting.nsdl.com . The company has provided detailed instructions for e-voting across different shareholding modes - demat accounts with NSDL/CDSL and physical share certificates.

The resolutions, if passed with requisite majority, will be deemed passed on April 4, 2026. Both proposed directors will be liable to retire by rotation upon appointment.

Source: None/Company/INE347G01014/8cfc92d1-1946-4e6c-8539-7a060453fef9.pdf