Indraprastha Gas Limited announced the appointment of Sukhmal Kumar Jain as Chairman & Additional Director on the company’s Board, with effect from October 23, 2022. He succeeds Arun Kumar Singh, who has retired from the role of Chairman & Director, w.e.f October 23, 2022.
According to the company’s exchange filing, “This is to inform that Board of Directors of the Company has approved the appointment of Shri Sukhmal Kumar Jain as an Additional Director and Chairman w.e.f. October 23, 2022.”
Sukhmal Kumar Jain, nominee of BPCL is Director (Marketing) of BPCL. Sukhmal Kumar Jain is graduate in Mechanical Engineering from Delhi College of Engineering and MBA from SP Jain Institute of Management & Research. He has held several leadership positions in Retail, LPG and Gas verticals of BPCL in his 35 years career. In his illustrious career of over three decades, he has been actively involved in industry defining initiatives, like Give it Up campaign and Pradhan Mantri Ujjawala Yojana, in LPG Business, and has successfully navigated the Strategy and Loyalty Programs in Retail Business.
Under his leadership, Gas BU played an increasingly important role in supporting the Government’s aim of developing India as a gas-based economy, which augurs widespread economic prosperity, while also reducing the nation’s dependence on oil imports and contributing to reduction in carbon emissions. He has no relationship with other Directors and he is not debarred from holding the office of Director by virtue of any SEBI order or any such authority. He is not holding any shares of the Company, the statement said.
Incorporated in 1998, IGL took over Delhi City Gas Distribution Project in 1999 from GAIL (India) Limited (Formerly Gas Authority of India Limited). The project was started to lay the network for the distribution of natural gas in the National Capital Territory of Delhi to consumers in the domestic, transport, and commercial sectors. With the backing of strong promoters – GAIL (India) Ltd. and Bharat Petroleum Corporation Ltd. (BPCL) – IGL plans to provide natural gas in the entire capital region.
