Petronet LNG Seeks Shareholder Nod for Two Key Government-Nominated Directors Including New Chairman

New Delhi, March 2, 2026:  Petronet LNG Limited (PLL), a leading player in India's liquefied natural gas sector, has initiated a Postal Ballot process to seek shareholder approval for the appointment of two key directors, according to a regulatory filing made today.

The company has issued a notice of Postal Ballot to its members for the appointment of Dr. Neeraj Mittal (DIN: 05216366) as Director and Chairman, and Ms. Avantika Singh Aulakh, IAS (DIN: 07549438) as Nominee Director (GMB/GoG). Both appointments were made by the Board on January 16, 2026, and are now being placed before shareholders for regularization.

Key Details of the Postal Ballot

Proposed Appointments

No. 1: Appointment of Dr. Neeraj Mittal as Director and Chairman

Dr. Neeraj Mittal, IAS, currently serves as Secretary, Ministry of Petroleum and Natural Gas, Government of India. He was nominated as Director by the Ministry and appointed as Additional Director (Chairman) by the PLL Board on January 16, 2026.

Profile Highlights:

• B.Tech in Electrical Engineering from IIT Kanpur, MBA from Cranfield University (UK), and Ph.D from Ohio State University, USA

• Over three decades of experience in the Indian Administrative Service (1992 batch)

• Previously served as Secretary in the Department of Telecom

• Instrumental in rolling out the Cash Transfer program in LPG and the 'Give It Up' campaign during his earlier tenure in the Ministry of Petroleum & Natural Gas

• Has also served as Senior Advisor to the Executive Director at the World Bank in Washington DC

No. 2: Appointment of Ms. Avantika Singh Aulakh as Nominee Director (GMB/GoG)

Ms. Avantika Singh Aulakh, IAS, has been nominated by the Gujarat Maritime Board (GMB), Government of Gujarat, through Gujarat State Petroleum Corporation Limited (GSPC), pursuant to the Dahej LNG Port Terminal Concession Agreement signed in 2005. She was appointed as Additional Director (Nominee Director) on January 16, 2026.

Profile Highlights:

• 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

• 2003 batch IAS officer with extensive experience in the Government of Gujarat

• Has served as District Collector in Ahmedabad, Vadodara, Bharuch, and Anand

• Recipient of the National Award for Best Electoral Practices (2012, 2017) and the National Level Beti Bachao Beti Padhao Scheme award (2018)

• Currently serves as Managing Director of Gujarat State Petroleum Corporation Limited, Gujarat Gas Limited, and Gujarat Alkalies and Chemicals Limited, among other roles

Compliance and Regulatory Context

The Postal Ballot is being conducted in compliance with Section 110 of the Companies Act, 2013, Regulation 44 of SEBI LODR, and various circulars issued by the Ministry of Corporate Affairs. Regulation 17(1C) of SEBI LODR mandates that shareholder approval for director appointments must be obtained at the next general meeting or within three months of appointment, whichever is earlier.

Both appointees are liable to retire by rotation and will not receive any remuneration from the company for their roles as directors. The resolutions will be passed as Ordinary Resolutions.

Voting Process

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities. Shareholders whose names appear in the Register of Members/List of Beneficial Owners as on the cut-off date (February 27, 2026) are eligible to vote.

The Postal Ballot notice and explanatory statement are available on the company's website at www.petronetlng.in and on NSDL's e-voting platform at www.evoting.nsdl.com.

About Petronet LNG Limited:
Petronet LNG Limited is a joint venture company promoted by leading public sector companies in the energy sector. It operates one of the largest LNG terminals in India at Dahej, Gujarat, and a terminal at Kochi, Kerala.