Key Personnel Changes

Shri Kumar Shanker (DIN: 09533240) has been nominated by promoter company GAIL (India) Limited as the new Managing Director of Indraprastha Gas Limited. He assumed charge effective June 5, 2026. Simultaneously, Shri Kamal Kishore Chatiwal ceased to be Managing Director & Director of the company effective June 5, 2026, and has been repatriated to GAIL.

Director Relationship and Status

Shri Kumar Shanker has no relationship with other directors of the company and is not debarred from holding the office of Director by virtue of any SEBI order or any such authority.

Board Meeting Details

The board meeting where this change was approved commenced at 04:30 PM and concluded at 05:30 PM on June 5, 2026.

New Managing Director Profile

Shri Kumar Shanker is a Chemical Engineer from B.I.T.S. Pilani with over 31 years of experience in the natural gas industry. His expertise includes commissioning and operations of gas processing plants, project management of petrochemical units, corporate strategy & planning, marketing, regulatory functions, and CGD sector. He has extensive experience in regulatory matters including grant of authorizations, open access, pipeline tariffs, and affiliate code of conduct.

Shanker has been actively engaged in several important policy and regulatory changes in the Indian natural gas sector over the past two decades. He has made presentations to the Ministry of Petroleum & Natural Gas, NITI Aayog, and the Petroleum & Natural Gas Regulatory Board (PNGRB). He played an important role in the introduction of Unified Tariff for the National Gas Grid System and was instrumental in launching GAIL's online Pipeline Open Access Portal.

He previously worked across various business verticals of GAIL covering locations in Gujarat, Maharashtra, Madhya Pradesh, Uttar Pradesh, and New Delhi. He also served as co-chair of a sub-committee on Low Emissions Gas Task Force under the US-India Strategic Clean Energy Partnership. Immediately prior to joining IGL, he was Managing Director of Maharashtra Natural Gas Limited (MNGL).