INDRAPRASTHA GAS LTD.

Indraprastha Gas Ltd (IGL) has announced the appointment of M/s PSMG & Associates, New Delhi, as its Statutory Auditor for the Financial Year 2026-27. The appointment was conveyed by the Comptroller & Auditor General of India (CAG) via a letter dated September 07, 2026, in accordance with Section 139 of the Companies Act, 2013. The CAG has also entrusted the supplementary/test audit to the Director General of Audit, Oil & Gas. The company is required to regulate the remuneration of the auditors as per Section 142 of the Companies Act, 2013, and provide details of fees and other payments for the previous financial year to enable the CAG's office to review the appointment.

Indraprastha Gas Ltd has announced its 27th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:00 AM via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company will submit its Annual Report for the financial year 2025-26, which includes the Business Responsibility and Sustainability Report (BRSR), along with the AGM notice. Key agenda items include the adoption of audited financial statements for FY26, declaration of a final dividend of ₹1.5 per equity share, appointment of a director, and authorization for fixing the statutory auditor's remuneration. Additionally, the remuneration of the Cost Auditor for FY27 will be ratified.

Indraprastha Gas Ltd has announced its 27th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:00 AM via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has submitted its Annual Report for FY 2025-26, which includes the Business Responsibility and Sustainability Report. Key agenda items include the adoption of audited financial statements for FY 2025-26, declaration of a final dividend of ₹1.5 per equity share, appointment of a director, and authorization for the Board to fix the statutory auditor's remuneration for FY 2026-27. Additionally, the remuneration of the Cost Auditor for FY 2026-27 will be ratified.

Indraprastha Gas Ltd has announced its 27th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:00 AM via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company will present the Audited Financial Statements and Consolidated Financial Statements for the fiscal year ended March 31, 2026. A final dividend of ₹1.5 per equity share for FY 2025-26 is proposed. The meeting agenda also includes the appointment of a director, authorization for the Board to fix the statutory auditor's remuneration for FY 2026-27, and ratification of the Cost Auditor's remuneration for FY 2026-27.

Indraprastha Gas Ltd has announced its 27th Annual General Meeting (AGM) will be held on September 24, 2026, at 10:00 AM via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The company has also fixed the record date for the purpose of its final dividend for the Financial Year 2025-26. This record date has been set as Thursday, October 1, 2026. Shareholders whose names appear on the company's register by this date will be eligible for the final dividend, subject to its approval by the members at the AGM.

Indraprastha Gas Ltd has announced the record date for its final dividend for the financial year 2025-26. The company's 27th Annual General Meeting (AGM) is scheduled for September 24, 2026. The record date for determining eligibility for the final dividend, subject to member approval at the AGM, has been fixed as Thursday, October 1, 2026. This announcement provides clarity to shareholders regarding dividend distribution for the specified fiscal year.

Consolidated PAT came in at Rs237.92 Cr (Rs240.41 Cr attributable to parent equity holders), down 44.4% YoY from Rs427.81 Cr and 29.8% QoQ from Rs338.75 Cr, even as consolidated revenue from operations rose 16.6% YoY to Rs5,043.44 Cr and 10.0% QoQ. Standalone tells the same story a touch more sharply: PAT of Rs186.18 Cr is down 47.7% YoY, matching the company's own performance annexure which flags standalone PAT -48% and EBITDA -42% YoY. The basis divergence isn't a contradiction, both fell hard, but consolidated softens the decline by about 4 points thanks to the still-profitable (if shrinking) associates line. The driver sits squarely on the cost side: standalone purchases of stock-in-trade of natural gas jumped 30.2% YoY to Rs3,810.86 Cr against 17% net revenue growth, pushing standalone total expenses up 23.9% YoY versus 16% gross revenue growth. EBITDA fell 42% YoY to Rs295.50 Cr and the EBITDA margin on net revenue nearly halved to 6% from 13%. On a per-unit basis that is roughly Rs3.4/SCM this quarter versus ~Rs6.2/SCM a year ago, well short of the Rs7-8/SCM band management guided toward on the last call. The margin recovery that was promised did not show up this quarter; margins instead moved the wrong way. Management's Q3 FY26 guidance had pointed to volume acceleration toward a 10 MMSCMD FY26 exit rate alongside that margin recovery, backed by transmission-tariff and tax relief. Volumes did grow 6% YoY to 9.66 MMSCMD (CNG +6%, PNG +4%), broadly on the volume track, but the margin leg was clearly missed. No verifiable street consensus for this specific print could be confirmed (the result was announced same-day); the pre-result preview had flagged margin defensibility under new leadership as the key swing factor for the quarter, and that risk played out as compression rather than resilience. No management press release was available in the record to cross-check management's own framing of the print. The quarter also lands amid a leadership transition, Kumar Shanker took over as MD in June 2026 and a new head of C&P and stores was appointed in July 2026, alongside PPFAS Mutual Fund raising its stake by 0.146% around results day. Associates Maharashtra Natural Gas (Rs50.88 Cr) and Central UP Gas (Rs5.95 Cr) together contributed Rs56.83 Cr, down 24% YoY from Rs74.77 Cr, showing the cost pressure extends across the CGD sector rather than being IGL-specific. Subsidiary IGL Genesis Technologies posted a Rs5.09 Cr net loss for the quarter (IGL's 51% share: Rs2.60 Cr), a modest drag with no material P&L impact beyond consolidation noise. Heading into Q2 FY27, revenue and volume momentum look intact, but earnings quality now hinges on whether gas procurement costs ease or further CNG/PNG price action is taken to close the gap back toward the Rs7-8/SCM margin target.

PPFAS Mutual Fund, through its various schemes, has acquired an additional 0.146% stake in Indraprastha Gas Limited (IGL). This acquisition, executed via the open market, increases PPFAS MF's total holding in IGL to 7.883%. The transaction was disclosed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total number of shares held by PPFAS MF after the acquisition is 11,03,56,260.

Indraprastha Gas Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter that ended on June 30, 2026. Concurrently, the company has confirmed that its trading window, which commenced on July 1, 2026, will remain closed until 48 hours after the public announcement of these financial results.

Indraprastha Gas Ltd (IGL) has announced a change in its senior management. Shri Ashish Dadel has joined IGL on deputation from GAIL, the promoter company, as the Head of C&P and Stores, effective July 9, 2026. He replaces Shri Adesh Singhal, who has been repatriated to GAIL. Shri Dadel is a Mechanical Engineering graduate with approximately 30 years of experience in the Oil & Gas sector, having joined GAIL in 1996.