Mahanagar Gas announces postal ballot for director appointment

Mahanagar Gas Limited (MGL) published a newspaper advertisement on October 17, 2025, detailing a postal ballot notice. This announcement, made in both the Financial Express (English) and Loksatta (Marathi), adheres to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The postal ballot specifically addresses the appointment of a director representing MGL on the board of Maharashtra Natural Gas Limited, in accordance with the provisions of the Maharashtra Natural Gas Limited Joint Venture Agreement. This disclosure is intended to keep stakeholders informed of governance changes and procedural requirements.

The company has explicitly included instructions for remote e-voting in the published notice, ensuring accessibility for all eligible shareholders. The communication was made to both BSE Limited and the National Stock Exchange of India Limited.