GAIL Nominees Kumar Shanker Appointed as Managing Director of Indraprastha Gas Limited
Indraprastha Gas Limited (IGL) has appointed Shri Kumar Shanker as its new Managing Director. The decision followed his nomination by Promoter Company, GAIL (India) Limited (GAIL).Shri Kumar Shanker took charge as the Managing Director of IGL effective June 05, 2026. He succeeded Shri Kamal Kishore Chatiwal, who ceased to be a Managing Director and Director of the Company on the same date and has been repatriated to GAIL.
Shri Kumar Shanker possesses over 31 years of rich and diverse experience in the natural gas industry. With a background as a Chemical Engineer from B.I.T.S. Pilani, his expertise spans commissioning and operations of gas processing plants, project management of petrochemical units, corporate strategy and planning, marketing, and regulatory functions across the CGD sector.
He has significant experience in regulatory matters relating to authorizations, open access, pipeline tariffs, and affiliate code of conduct. Shanker has been actively involved in major policy shifts within the Indian natural gas sector over the last two decades. His work includes making important presentations on policy and regulatory matters before the Ministry of Petroleum & Natural Gas, NITI Aayog, and the Petroleum & Natural Gas Regulatory Board (PNGRB). Notably, he played a role in introducing the Unified Tariff for the National Gas Grid System in India, which is recognized as a significant reform in the natural gas sector.
Prior to joining IGL, Shri Kumar Shanker was the Managing Director of Maharashtra Natural Gas Limited (MNGL). He previously worked at GAIL across several verticals and multiple locations in Gujarat, Maharashtra, Madhya Pradesh, Uttar Pradesh, and New Delhi. During his tenure at GAIL, he was instrumental in launching the online Pipeline Open Access Portal, a real-time single window platform that facilitates booking of common carrier capacity in all GAIL's gas pipelines. Additionally, he served as a co-chair of the Low Emissions Gas Task Force under the USIndia Strategic Clean Energy Partnership.
IGL Stock Price Movement
Today, shares of Indraprastha Gas Limited edged higher in post-market trading, settling at ₹164.32 after gaining 1.32%. The stock recorded an active session, trading between a daily low of ₹161.98 and a high of ₹165.4.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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