Governance Mahanagar Gas Limited

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E. Other stock markets 04:35:03 17/02/2026 pm IST			5-day change	1st Jan Change
1,107.40 ^INR	+0.21%		-6.25%	-2.53%

10/02	Jefferies Adjusts Mahanagar Gas' Price Target to INR950 From INR955, Keeps at Underperform	MT
10/02	Nomura Adjusts Mahanagar Gas' Price Target to INR1,505 From INR1,510, Keeps at Buy	MT

Executive Committee: Mahanagar Gas Limited

Manager

Positions heldSince

Ashu Shinghal

57 year

Chief Executive Officer

23/12/2022

Rajesh P. Wagle

60 year

Sales & Marketing

22/07/2002

Chakrapani Atmakur

60 year

Human Resources Officer

16/01/2019

Atul Trimbak Prabhu

Compliance Officer	09/02/2021
Investor Relations Contact	-
Corporate Secretary	09/02/2021

Rajesh Patel

Director of Finance/CFO

09/04/2009

Sitanshu Sekhar Roychowdhury

Chief Operating Officer

03/03/2021

Composition of the Board of Directors: Mahanagar Gas Limited

Director

CommitteesSince

Sandeep Kumar Gupta

60 year

Compensation Committee	31/10/2023
Nominating Committee	31/10/2023

Ashu Shinghal

57 year

Audit Committee

23/12/2022

Malvika Sinha

66 year

Audit Committee

24/08/2021

Sanjay Shende

60 year

Director/Board Member

24/05/2021

P. Anbalagan

Director/Board Member

28/01/2025

Mahesh Kumar Gupta

Director/Board Member	24/08/2024
Independent Dir/Board Member	24/08/2024

Latest Appointments: Mahanagar Gas Limited

18/11	Mahanagar Gas Limited Announces Board Appointments, Effective August 23, 2025	CI
08/25/08	Mahanagar Gas Limited Announces the Cessation of Syed Hussain as Independent Director, Effective September 08, 2025	CI
20/25/20	Mahanagar Gas Limited Appoints Dr. P. Anbalagan as Non-Executive Director	CI
06/25/06	Mahanagar Gas Limited Announces Cessation of Dr. Harshadeep Kamble from the Board	CI
12/24/12	Mahanagar Gas Limited Appoints Harish Kumar Agarwal and Mahesh Kumar Gupta as Independent Directors	CI
12/24/12	Mahanagar Gas Limited Announces Board Appointments	CI
23/24/23	Mahanagar Gas Limited Announces Cessation of Venkatraman Srinivasan and Rajeev Bhaskar Sahi as Independent Directors and Chairman / Member of Various Committees	CI

More news

Former Officers and Directors: Mahanagar Gas Limited

Insider

Positions held

SinceUntil

Syed S. Hussain

Director/Board Member	09/09/2019	08/09/2025
Independent Dir/Board Member	09/09/2019	08/09/2025

Harshadeep Shriram Kamble

Director/Board Member

11/11/2022

06/01/2025

Venkatraman Srinivasan

Director/Board Member	24/08/2021	23/08/2024
Independent Dir/Board Member	24/08/2021	23/08/2024

Rajeev Bhaskar Sahi

Director/Board Member	24/08/2021	23/08/2024
Independent Dir/Board Member	24/08/2021	23/08/2024

Mahesh V. Iyer

Chairman

01/09/2022

31/10/2023

Sanjib Datta

Director/Board Member	30/05/2018	23/12/2022
Chief Executive Officer	30/05/2018	23/12/2022

Manoj Jain

Chairman

06/05/2020

31/08/2022

Baldev Harpal Singh

Director/Board Member

28/04/2021

26/08/2022

Sunil M. Ranade

Director of Finance/CFO

01/03/1996

31/10/2021

Premesh Kumar Jain

Director/Board Member	09/04/2018	20/04/2021
Independent Dir/Board Member	09/04/2018	20/04/2021

Deepak Sawant

Director/Board Member	09/05/2019	05/04/2021
Corporate Officer/Principal	09/05/2019	05/04/2021

Raj Kishore Tewari

Director/Board Member	05/03/2015	31/03/2021
Independent Dir/Board Member	05/03/2015	31/03/2021

Radhika Vijay Haribhakti

Director/Board Member	05/03/2017	24/09/2020
Independent Dir/Board Member	05/03/2017	24/09/2020

Saghan Srivastava

Compliance Officer	01/12/2019	-
Corporate Secretary	01/12/2019	-

Trivikram Arun Ramanathan

Director/Board Member

10/05/2019

20/08/2019

Arvind Kumar

Compliance Officer	09/08/2019	-
Corporate Secretary	09/08/2019	-

Bhuwan Chandra Tripathi

Chairman

29/11/2018

01/08/2019

Satish Gavai

Director/Board Member

31/07/2018

31/07/2019

Akhil Mehrotra

Director/Board Member	11/03/2016	28/05/2017
Chairman	28/05/2017	29/11/2018

Goutam Ghosh

Director/Board Member	20/11/2017	28/11/2018
Chief Tech/Sci/R&D Officer	20/11/2017	28/11/2018

Virendra Nath Datt

Director/Board Member

28/05/2017

25/10/2018

Sunil Porwal

Director/Board Member

26/05/2017

06/07/2018

Rajeev Kumar Mathur

Director/Board Member	29/09/2014	01/05/2018
Chief Executive Officer	29/09/2014	01/05/2018

Jainender Kumar Jain

Director/Board Member	10/12/2009	04/03/2018
Independent Dir/Board Member	02/01/2008	04/03/2018

Ashutosh Karnatak

Chairman	28/05/2015	28/05/2017
Chairman	01/08/2019	06/05/2020

Nitin Banerjee

Director/Board Member

28/05/2015

Susmita Sengupta

Director/Board Member	15/02/2014	-
Chief Tech/Sci/R&D Officer	15/02/2014	-

Apurva Chandra

Director/Board Member

02/04/2013

Alok Kumar Mishra

Compliance Officer	13/12/2011	-
Investor Relations Contact	13/12/2011	-
Corporate Secretary	13/12/2011	-

Arun Balakrishnan

Director/Board Member	01/07/2011	-
Independent Dir/Board Member	01/07/2011	-

Santosh Kumar Bajpai

Director/Board Member	01/07/2011	-
Independent Dir/Board Member	01/07/2011	-

Basudeb Sen

Director/Board Member	16/05/2011	-
Independent Dir/Board Member	19/05/2011	-
Corporate Officer/Principal	16/05/2011	19/05/2011

Srinivasan Murali

Chief Operating Officer

03/10/2002

Mathilakath Ravindran

Director/Board Member

P. K. Gupta

Corporate Officer/Principal

Shadi Lal Raina

Director/Board Member

Walter A. F. Simpson

Director/Board Member

05/08/2011

Azeez M. Khan

Director/Board Member

04/01/2011

Anand Upadhyay

Compliance Officer	-	-
Corporate Secretary	-	-

Ashok Kumar Purwaha

President

Derek Alan Fisher

Chairman

05/08/2011

Prosenjit Purkayastha

Corporate Officer/Principal

Ajay Sondhi

Director/Board Member	-	-
Independent Dir/Board Member	-	-

Age distribution of managers

Parity Men Women

Male	12
Female	1

Of which Executive Committee

Male	6
Female	0

Of which Directors

Male	5
Female	1

Revisions

Recommandations analystes

Évolution recommandations analystes 1 an

Évolution recommandations analystes 4 mois

Objectif analystes

Évolution objectif analystes 1 an

Évolution objectif analystes 4 mois

ESG MSCI

Environnement

Social

Gouvernance

Polémique

Controverses Ethiques

Controverses sur les droits de l'Homme

Controverses Subventions fiscales

Conforme à la finance Islamique

Mahanagar Gas Limited is an India-based natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. It operates through the selling of the natural gas segment. It offers PNG for domestic, commercial and industrial purposes. Its domestic PNG is used for various purposes like cooking and water heating. It is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. It offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. It supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. It also installs gas geysers.

Employees

579

Sector

Natural Gas Utilities

Calendar

18/02 - Dolat Capital Decoding Growth Strategies Conference

More about the company