Meeting Details

The 28th Annual General Meeting of Petronet LNG Limited was held on Monday, 28th September 2026. The meeting commenced at 3:00 p.m. (IST) and concluded at 4:32 P.M. (IST). It was conducted entirely through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) in compliance with circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI). A live webcast of the proceedings was provided.

Summary of Proceedings and Resolutions

  • Shri Arvinder Singh Sahney, Nominee Director of Indian Oil Corporation Limited (IOCL), was elected as the Chairman of the meeting in the absence of Dr. Neeraj Mittal, the Chairman of the Board.
  • The Company Secretary confirmed that the statutory registers, including the Register of Directors & KMP and their shareholding and the Register of Contracts or Arrangements, were available for inspection by members during the AGM.
  • 124 Members, including representatives from the promoter companies (GAIL, IOCL, BPCL, and ONGC), attended the meeting virtually, constituting a valid quorum.
  • The Chairman's speech was delivered, and the Notice of the AGM, the Board's Report, the audited financial statements for FY 2025-26, and the Independent Auditors' Report were taken as read. The financial statements were confirmed to be unqualified.
  • The observations in the Independent Auditor's Report on Corporate Governance and the Secretarial Audit Report were read, along with management's replies.

Voting Process

The Company Secretary explained the voting process. Remote e-voting was offered to members from Thursday, 24th September 2026 at 9:00 am (IST) until Sunday, 27th September 2026 at 5:00 pm (IST). Additionally, e-voting was made available during the AGM and for 30 minutes after its conclusion for members who attended but had not voted remotely. M/s Ragini Chokshi & Co., Practicing Company Secretary, was appointed as the Scrutinizer to ensure a fair and transparent voting process.

The following items of business (resolutions) were proposed for shareholder approval:

| Item No. | Description of Resolution | Type of Resolution |

| 1 | To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, along with the Reports of the Board of Directors and the Independent Statutory Auditors. | Ordinary |

| 2 | To consider declaration of a final dividend of ₹3 per share (on a face value of ₹10 each) for FY 2025-26. This was in addition to an interim dividend of ₹7 per share already paid in December 2025. | Ordinary |

| 3 | To reappoint Shri Arun Kumar Singh (DIN: 06646894), who retires by rotation, as a Nominee Director of ONGC. | Ordinary |

| 4 | To reappoint Shri Arvinder Singh Sahney (DIN: 10652030), who retires by rotation, as a Nominee Director of IOCL. For this item, Shri Akshay Kumar Singh, Managing Director & CEO, chaired the meeting as Shri Sahney was interested. | Ordinary |

| 5 | To approve material Related Party Transactions entered or to be entered by the Company with the Promoters. | Ordinary |

| 6 | To approve payment of commission on profits to Directors of the Company commencing from FY 2026-27 to FY 2030-31. | Special |

Other Proceedings

  • Shareholders were invited to raise queries on the business items, which were addressed.
  • The Company Secretary informed that the results of the e-voting would be disseminated to the stock exchanges and hosted on the websites of the National Securities Depository Limited (NSDL) and the Company. The results will also be displayed on the Notice Board at the Company's Registered Office.
  • A vote of thanks was offered to the stakeholders.

Compliance Confirmation

The document confirms that the meeting was called, convened, and conducted in accordance with the Companies Act, 2013, its rules, the SEBI (LODR) Regulations, 2015, and the Secretarial Standards on General Meetings. A valid quorum was present throughout the meeting.