Indraprastha Gas Shareholders Approve Dr. Shyam Agrawal Re-Appointment
New Delhi, February 19, 2026: Shareholders of Indraprastha Gas Limited (IGL) have approved the re-appointment of Dr. Shyam Agrawal as an Independent Director of the company through a postal ballot process conducted via remote e-voting.
The company informed stock exchanges that the special resolution was passed with the requisite majority following the conclusion of the e-voting period on February 18, 2026. The results were formally declared on February 19, 2026, in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Strong Shareholder Participation
As per the voting data disclosed by the company, a total of 1,163,746,587 votes were cast. Of these, approximately 82% voted in favour of the resolution, while around 18% voted against it.
The voting process was conducted exclusively through remote electronic voting between January 20, 2026, and February 18, 2026. No physical meeting of shareholders was held for the resolution.
IGL reported that promoters and promoter group entities were not interested in the agenda item.
Shareholding and Voting Overview
As of the record date, the company had 354,688 shareholders eligible to participate in the postal ballot process. Voting rights were exercised in proportion to shareholding as on the cut-off date of January 9, 2026.
The scrutiny of votes was carried out by Agarwal S. & Associates, Practicing Company Secretaries, who submitted their report confirming that the voting process was conducted in a fair and transparent manner.
Regulatory Compliance
The results, along with the Scrutinizer’s Report, were submitted to both stock exchanges:
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BSE Limited
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National Stock Exchange of India Limited
The company stated that the resolution met the required threshold for approval under applicable corporate and regulatory norms.
About IGL
Indraprastha Gas Limited is a leading city gas distribution company operating primarily in Delhi and surrounding regions. It is a joint venture of GAIL (India) Limited, Bharat Petroleum Corporation Limited, and the Government of NCT of Delhi.
The approval ensures continuity in the company’s independent board oversight as it continues its expansion and operational initiatives in the city gas distribution segment.
One-Line Disclaimer
This article is based on official stock exchange filings and publicly available information for general informational purposes only.