New Delhi — Indraprastha Gas Limited (IGL) has initiated a postal ballot process, including remote e-voting, to seek shareholder approval for the appointment of Subhankar Sen as a Director on its board.
The company disclosed the development in regulatory filings submitted to the National Stock Exchange of India (NSE) and BSE Limited (BSE) on Monday.
Purpose of the Postal Ballot
The postal ballot aims to secure shareholder approval for Sen’s appointment as Director. He was previously appointed as an Additional Director and Chairman (Non-Executive) of IGL, effective April 1, 2026, following his nomination by Bharat Petroleum Corporation Limited (BPCL).
Under applicable corporate governance norms, companies are required to obtain shareholder approval within a specified timeframe for such appointments, failing which the position may not continue.
E-Voting Timeline and Process
To facilitate shareholder participation, IGL has appointed National Securities Depository Limited (NSDL) to provide a secure remote e-voting platform.
The schedule for the e-voting process is as follows:
- Start of e-voting: April 22, 2026, at 09:00 AM IST
- End of e-voting: May 21, 2026, at 05:30 PM IST
- Declaration of results: On or before May 25, 2026
The company confirmed that the postal ballot notice has been sent electronically to eligible shareholders in compliance with regulatory guidelines, ensuring a streamlined and paperless voting process.
Profile of Subhankar Sen
Subhankar Sen brings more than 30 years of experience in India’s energy sector, with expertise spanning fuel retailing, lubricants marketing, and energy transition initiatives. He currently serves as Director (Marketing), with additional charge of Director (Human Resources), at BPCL.
Throughout his career, Sen has been associated with key strategic initiatives, including brand development and the rollout of electric vehicle (EV) charging corridors, reflecting a focus on evolving energy ecosystems.
Regulatory Compliance and Governance
IGL stated that the postal ballot process is being conducted in accordance with the provisions of the Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) Listing Regulations.
If approved by shareholders, the resolution for Sen’s appointment will be deemed passed on the final day of the e-voting period, in line with statutory provisions.
Strengthening Board Leadership
The move is seen as part of IGL’s broader efforts to reinforce its leadership and governance structure by bringing in experienced industry professionals. Sen’s appointment is expected to contribute to the company’s strategic direction, particularly as it navigates energy transition and expands its clean fuel footprint.
The outcome of the postal ballot will be closely watched by investors, as it will formally confirm Sen’s role in shaping the future strategy of one of India’s leading city gas distribution companies.