The Board of Directors of Indraprastha Gas Limited (IGL) has approved a significant leadership transition, effective April 01, 2026. Shri Subhankar Sen (DIN: 09844251) has been appointed as the new Chairman of the Company, succeeding Shri Raj Kumar Dubey (DIN: 10094167), who ceases from the role due to superannuation from BPCL. Shri Sen has been nominated by BPCL, which nominates the Chairman on a rotational basis for a two-year term.
IGL Announces Key Leadership Succession
Indraprastha Gas Limited (IGL) announced on March 31, 2026, that its Board of Directors has passed a resolution approving a change in the chairmanship of the Company, effective starting April 01, 2026. This change follows the established rotational mechanism between the promoter companies, GAIL and BPCL, who nominate the Chairman for a two-year term.
Appointment of New Chairman
The Board has approved the following two key changes:
- Appointment: Shri Subhankar Sen (DIN: 09844251) has been appointed as the new Chairman of the Company, effective April 01, 2026. A profile detailing his extensive background is provided.
- Cessation: Shri Raj Kumar Dubey (DIN: 10094167) ceases as Chairman of the Company, effective April 01, 2026. Shri Dubey had been appointed as Chairman effective May 01, 2025.
The cessation of Shri Dubey’s tenure is a direct result of his superannuation from BPCL. Consequently, BPCL has nominated Shri Subhankar Sen to take over the chairmanship.
Profile Highlights: Shri Subhankar Sen
Shri Subhankar Sen currently serves as the Director (Marketing) at Bharat Petroleum Corporation Ltd (BPCL), a Maharatna Public Sector Undertaking. His leadership spans BPCL’s core marketing functions, including Retail, LPG, Lubricants, Aviation, Industrial & Commercial, and Gas businesses.
Extensive Industry Experience
With a career spanning over three decades, Shri Sen has led significant initiatives in Fuel Retailing, Lubricants marketing, and Energy transition. Key achievements highlighted in his profile include:
- Leading the MAK Lubricants business, focusing on indigenization under the “Atmanirbhar Bharat” initiative.
- Growing the lubricant business across India, Nepal, Bangladesh, Sri Lanka, UAE, and Africa.
- Leading BPCL’s automotive energy business, managing a network of over 6000 Energy stations as Business Head, Retail (West).
- Driving the Non-Fuel Retail foray, including the launch of the BeCafe experiential chain.
- Spearheading the energy transition, working on EV charging infrastructure (eDrive program) and the Doorstep Diesel Delivery reform within the Oil Industry.
The document confirms that Shri Sen has no relationship with other Directors and is not debarred from holding the office. Furthermore, he confirms that he is not holding any shares of the Company (IGL) at the time of the announcement.
Source: BSE