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Mahanagar Gas Ltd (MGAS.NS)

MGAS.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Bhuwan Tripathi

2018 Additional Non-Executive Chairman of the Board

Sunil Ranade

54 2014 Chief Financial Officer

Shashwat Agrawal

46 2014 Senior Vice President

Sandip Gupta

2017 Compliance Officer, Company Secretary

Sanjib Datta

2018 Managing Director, Additional Director

Rajeev Mathur

57 2018 Managing Director

Srinivasan Murali

52 2015 Head - Operations and Maintenance

Rajesh Wagle

49 Head – Commercial

Nitin Banerjee

39 2015 Non-Executive Director

V. Datt

55 2017 Additional Non-Executive Director

Satish Gavai

2018 Additional Non Executive Director - Nominee of Government of Maharashtra

Akhil Mehrotra

2018 Non-Executive Director

Arun Balakrishnan

65 2014 Independent Director

Premesh Jain

60 2018 Additional Independent Director

Santosh Kumar

66 2014 Independent Director

Basudeb Sen

67 2015 Independent Director

Raj Tewari

61 2015 Independent Director

Biographies

Name Description

Bhuwan Tripathi

Mr. Bhuwan Chandra Tripathi is Additional Non-Executive Chairman of the Board of the Company. He is Chairman and Managing Director of GAIL (India) Limited ("GAIL") since August 1, 2009 and has been a member of the Board of Directors of GAIL since July 2007. Under his leadership and sustained efforts, GAIL ranks amongst the Top 10 international LNG portfolio players and also stands elevated to the stature of a 'Maharatna' public sector enterprise. GAIL has strengthened its core businesses across natural gas midstream and downstream chains during the last decade by doubling gas transmission capacity, tripling petrochemicals marketable portfolio and has also forayed into newer game-changing opportunities by securing over 8.0 MTPA long-term LNG from diversified geographies, spread on multiple indexes for supporting India's energy security. In sync with the LNG strategy, GAIL commissioned the beleaguered Dabhol Regas terminal as an owners' engineer and expanded into chartering LNG ships for ensuring a complete play in the LNG trading cycle. In recognition to his pioneering initiatives for transforming GAIL into being a significant player in the international LNG and NG markets, Mr.Tripathi was awarded as "Best LNG Executive" at the 14th CWC Summit, Paris. A Mechanical Engineer from MNNIT, Allahabad, Mr. Tripathi has been leading multi-billion dollar infrastructure projects and ardently supporting the Government and stakeholders based on his 35 years of rich experience and consensus-based decision making approach in shaping energy policies and regulations for the natural gas value chain.

Sunil Ranade

Mr. Sunil M. Ranade serves as Chief Financial Officer of the Company. He joined our Company on March 1, 1996. He holds a Bachelor’s degree in commerce from the University of Bombay. He is associate member of the Institute of the Chartered Accountant of India and also a member of the Institute of the Company Secretaries of India. At our Company, he is the functional head of finance and accounts group and manages finance, accounting and forecasting in achieving financial and strategic objectives of our Company. Prior to joining our Company, he was the finance manager and company secretary with Wander Limited. He has also worked with Herdillia Polymers Limited, National Peroxide Limited, Goodlass Nerolac Paints Limited and Ashok Organic Industries Limited.

Shashwat Agrawal

Mr. Shashwat Agrawal serves as Senior Vice President of the Company. He joined our Company on April 1, 2014. He holds a Bachelor’s degree in technology in mechanical engineering from Kurukshetra University. At our Company, he is the functional head of the construction department and is responsible for providing leadership, management and direction for all construction and projects activities of our Company. Prior to joining us, he has worked with Engineers India Limited and GSPC Gas Company Limited.

Sandip Gupta

Sanjib Datta

Mr. Sanjib Datta has been appointed as Managing Director, Additional Director of the Company., effective from may 30, 2018. He holds a Bachelor's degree in Electrical Engineering from Jadavpur University, Kolkata. He has been heading the Business Development functions in GAIL (India) Limited as an Executive Director. He has 32+ years of experience in handling multifarious assignments in the natural gas sector covering diverse functions like, Business Development, Marketing, Project Development and Construction as well as Operation & Maintenance of Pipelines and LNG Terminal. His assignments in GAIL covered Merger & Acquisition initiatives as well as steering of Globalization and Diversification efforts. He steered GAIL to its successful participation in a shale gas asset in USA and also headed the team instrumental in finalizing the gas supplies and tolling service agreements pertaining to the LNG liquefaction project at Cove Point. Mr. Datta also handled GAIL's initiatives to import of gas into India through the TAPI pipeline apart from overseeing GAIL's investments in China, Egypt and Myanmar in the areas of city gas distribution and cross country pipeline. In India, Mr. Datta has led GAIL's forays into the solar business and has also steered GAIL's initiatives in diverse areas, like, floating LNG regasification terminals, LNG shipping, gas based power generation, petrochemicals and specialty chemicals etc. As a Project Manager, he had handled GAIL's participation in the restructuring and revival of the Dabhol Project after departure of Enron. Mr. Datta has rich board level experience and has served on the Boards of GAIL Global (USA) Inc., a wholly owned subsidiary of GAIL through which GAIL is channelizing its business initiatives in E&P and LNG sourcing in USA and also on those of South East Asia Gas Pipeline Company, TAPI Pipeline Company Limited, National Gas Company Limited and Fayum Gas Limited. Besides, he has also been GAIL's nominee Director on the Board of ONGC Petro-additions Limited.

Rajeev Mathur

Mr. Rajeev Kumar Mathur is re-appointed as Managing Director of the Company. He holds a Bachelor’s degree in Mechanical Engineering from Regional Engineering College, Durgapur, Burdwan. He also holds a Master’s Degree in Business Administration from the Jodhpur University. Mr. Mathur has also been an associate member of the Institution of Engineers. He has served on our Board since September 29, 2014. He has over 28 years of work experience. Mr. Mathur has served as an executive director (marketing) at GAIL for four years.

Srinivasan Murali

Mr. Srinivasan Murali serves as Head - Operations and Maintenance of the Company. He joined our Company on October 3, 2002. He holds a Bachelors degree in technology in mechanical engineering from Banaras Hindu University. He also holds a diploma and an advanced diploma in management, and a diploma in financial management from Indira Gandhi National Open University. At our Company, he is the functional head of operations and maintenance and metering departments and is responsible for providing leadership management and direction for all activities related to operating and maintaining our Company’s assets safely and with maximum uptime. Prior to joining our Company, he has worked with Bilt Chemicals Limited, Cabot India Limited, Cement Corporation of India Limited and Indian Aluminium Company Limited.

Rajesh Wagle

Mr. Rajesh P. Wagle serves as Head – Commercial of the Company. He joined our Company on July 22, 2002. He holds a Bachelor’s degree in chemical engineering from the Indian Institute of Technology at Bombay. He also holds a Master’s degree in computer science from the University of Illinois at Urbana Champaign. At our Company, he is the functional head of the commercial, business development and marketing groups. Prior to joining our Company, he has worked with Quantum Information Systems Limited, Enron India Private Limited and GAIL.

Nitin Banerjee

Mr. Nitin Banerjee serves as Non-Executive Director of the Company. He holds a Bachelor’s degree in Law from the Lucknow University and is enrolled with the Bar Council of Delhi. He is also a qualified solicitor (non-practicing) enrolled with the Law Society of England and Wales. He has over 15 years of work experience. He has been on our Board since May 28, 2015. He is currently the Vice President, Legal & Governance of BG’s Indian operations since April 2, 2013.

V. Datt

Mr. V.N. Datt serves as Additional Non-Executive Director of the Company, since May 28th, 2017. Mr. V.N. Datt, holds a Bachelor's degree in Science and a Masters in Business Administration. He is presently Executive Director (Corporate Strategy, Planning & Advocacy) with GAIL (India) Limited. Mr. V.N. Datt has a rich experience of over 32 years in the Natural Gas industry in India. He started his career with the Oil & Natural Gas Corporation (ONGC) in 1985 and moved to GAIL in 1995 after serving in ONGC for 10 years. Over the years, he has handled important assignments in the Natural Gas business ranging from gas procurement from domestic as well as International sources (both as LNG and transnational pipelines), as well as in the area of transportation and marketing of Natural Gas. Mr. Datt also played a key role in finalising various agreements leading up to commissioning of India's first LNG receiving terminal at Dahej in 2004. He was also a key member of the team that negotiated the gas purchase agreement for the TAPI pipeline project. He has been closely associated in formulating a number of important policy initiatives launched by the Government of India in the areas of City Gas Distribution, supply of regasified LNG to stranded Power Plants, policy for pooling of gas price for urea plants and formulation of Gas Swapping Guidelines etc.

Satish Gavai

Mr. Satish Gavai is Additional Non Executive Director - Nominee of Government of Maharashtra of the Company. He was Additional Chief Secretary (Industries). Mr. Satish Gavai graduated in Bachelor of Science (physics) from University of Mumbai. He completed his post-graduation from Cornell University, New York. He belongs to 1984 batch of Indian Administrative Service (IAS), Maharashtra cadre. Mr. Gavai has been Chief Executive Officer (CEO) of Maharashtra Industrial Development Corporation {MIDC), Vicepresident and CEO of Maharashtra Housing and Area Development Authority (Mhada) and Principal Secretary of Water Resources department. Prior to taking over the charge of Additional Chief Secretary (Industries), GOM, he has held the post of Additional Chief Secretary, State Environment department. He was also the Chairman of Maharashtra Coastal Zone Management Authority (MCZMA) and Member Secretary of State Environment Impact Assessment Authority Maharashtra.

Akhil Mehrotra

Arun Balakrishnan

Mr. Arun Balakrishnan serves as an Independent Director of the Company. He holds a Bachelor’s degree in Chemical Engineering from the University of Calicut. He also holds a Post Graduate Diploma in Management from the Indian Institute of Management, Bangalore. He has over 35 years of work experience. He has served on our Board since July 21, 2011. Prior to joining our Company, he was the Chairman and Managing Director of HPCL.

Premesh Jain

Mr. Premesh Kumar Jain has been appointed as Additional Independent Director of the Company. He is former Director (Finance) GAIL has over 6 years Board level experience in GAIL and its various Domestic and International subsidiary companies like GAIL Global (Singapore) Pte. Ltd , GAIL Gas Ltd , BCPL , China gas Ltd and GAIL China Gas Global Energy Holding LTD . He also served as Chairman / member of various committees of the Board, PF Trust, Pension Trust, Gratuity Fund Trust of the company. A Chartered Accountant and MBA (University of Hull, UK), he has nearly 35 years of experience in Oil and Gas sector in the areas of Forex Risk Management and implementation of Hedging Policy, Capital Budgeting, Corporate Budgets, Corporate Accounts, Contract Management, Finalisation of Long term LNG and Gas agreements, Liquification and Regasification Terminal Service Agreements, Shareholder Agreements and Joint Venture Agreements etc. He also has the credit of interacting with PNGRB for various issues like tariffs finalization of various pipelines, raising / resolution of the issues with PNGRB / APTEL, participation in bidding process of natural gas pipeline and CGD for various cities through GAIL, its subsidiary, JVs etc.

Santosh Kumar

Mr. Santosh Kumar serves as an Independent Director of the Company. He holds a Bachelor’s degree in Electrical Engineering from the University of Allahabad. He has been on our board since July 21, 2011. Prior to joining our Company, he was the director (projects) at GAIL for three years. He was also the chairman of Green Gas Limited and director on the board of Maharashtra Natural Gas Limited, Central UP Gas Limited, and GSEG. He was also advisor with Gujarat State Petronet Limited from 2009-10.

Basudeb Sen

Dr. Basudeb Sen, Ph.D., serves as an Independent Director of the Company. He holds a Master’s degree in Economics from the University of Calcutta and has completed his doctorate from the Indian Statistical Institute. Prior to joining our Company, he served as the Chairman and managing director of the Industrial Investment Bank of India Limited and executive director of the Unit Trust of India.

Raj Tewari

Mr. Raj Kishore Tewari serves as an Independent Director of the Company. He holds a Master’s degree in Science (Physics) from the University of Lucknow and a Master’s degree in Science (Fiscal Studies) from the University of Bath, United Kingdom. He holds a Bachelor’s degree in Law from the University of Mumbai. He was recruited as an officer of the Indian Revenue Service and has been a part of the Direct Taxes Administration since the year 1976. He has been on our Board since March 5, 2015. Prior to joining our Company, he served as the Chairman of the Central Board of Direct Taxes in the Department of Revenue, Ministry of Finance, Government of India.