NSEAppointment30 Jun 2026 · 30 Jun 2026, 06:56 pm
Appointment
Mahanagar Gas Limited · MGL
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Mahanagar Gas Limited has announced the appointment of Mr. Mukesh Panhotra as Vice President, Marketing, and Mr. Sanket Dhotre as Vice President, Human Resources & Corporate Social Responsibility, effective July 1, 2026.
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Full Announcement
Mahanagar Gas Limited has informed the Exchange regarding Appointment of Mr Mukesh Panhotra as Vice President, Marketing of the company w.e.f. July 01, 2026.
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Ref: MGL/CS/SE/2026/704 Date: June 30, 2026
Head, Listing Compliance Department Head, Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
P. J. Towers, Exchange Plaza, Bandra – Kurla Complex,
Dalal Street, Bandra (East),
Mumbai – 400 001 Mumbai – 400 051
Scrip Code: 539957 Symbol: MGL
Dear Sir / Madam,
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Change in the Senior Management of the
Company
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (‘Listing Regulations’), we wish to inform the following
changes in the Senior Management of the Company:
1. Mr. Chakrapani Atmakur, Senior Vice President, Human Resources & Corporate Social
Responsibility shall be superannuated with effect from July 01, 2026, pursuant to his reaching
the age of superannuation. Consequently, he also ceases to be a Senior Management
Personnel of the Company with effect from the aforesaid date.
2. Mr. Sanket Dhotre, currently designated as Assistant Vice President, Human Resources has
been nominated and appointed as Vice President, Human Resources & Corporate Social
Responsibility (Senior Management Personnel) with effect from July 01, 2026.
3. Mr. Mukesh Panhotra, currently designated as Assistant Vice President, Marketing has been
nominated and appointed as Vice President, Marketing (Senior Management Personnel) with
effect from July 01, 2026.
The details as required under Regulation 30 read with Schedule III of the Listing Regulations read
along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026 are given under Annexures. This is for your information and record.
You are requested to take the above information on your records.
Thanking You,
For Mahanagar Gas Limited
Atul Prabhu
Company Secretary & Compliance Officer
Encl.: as above
Regd. Office: MGL House, Block G-33, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051
T + 91 22 6678 5000 | E info@mahanagargas.com | W www.mahanagargas.com | CIN L40200MH1995PLC088133
An ISO 9001, 14001 & 45001 Certified Company
Annexure - A
Mr. Sanket Dhotre, Vice President, Human Resources & Corporate Social Responsibility
(Senior Management Personnel) of the Company
Sr. Particulars Remarks
1. Reason for Change viz. appointment, Mr. Sanket Dhotre has been nominated and appointed,
reappointment, resignation, removal, as Vice President, Human Resources & Corporate
death or otherwise Social Responsibility (Senior Management Personnel).
2. Date of Appointment / July 01, 2026
reappointment / cessation (as
applicable) and term of appointment
/ reappointment
3. Brief Profile (in case of Mr. Sanket Dhotre is a multi-faceted Human Resources
appointment) professional with more than 25 years of experience
across diverse sectors including Natural Gas,
Pharmaceuticals, FMCG, Automotive and
Manufacturing. He has handled domestic as well as
international assignments, with professional exposure
across India, Europe and Southeast Asia.
He holds a Master of Labour Studies, with
specialisation in Human Resources and Employee
Relations, from the University of Mumbai.
As the Functional Head for Human Resources and
Corporate Social Responsibility, Mr. Dhotre will
oversee Human Resources, Industrial Relations,
Administration, Security and CSR functions. He will
also be a member of the senior management team and
will play an important role in contributing to the
achievement of the Company’s strategic objectives.
Prior to joining MGL, Mr. Dhotre held senior HR
leadership roles with reputed organisations including
Saint-Gobain Group, Godrej Interio, Alliance Tire
Group and Dabur India Limited. During his career, he
has contributed significantly to greenfield projects,
organisational design & development, performance &
reward systems, compensation benchmarking, employee
engagement, industrial relations and statutory
Regd. Office: MGL House, Block G-33, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051
T + 91 22 6678 5000 | E info@mahanagargas.com | W www.mahanagargas.com | CIN L40200MH1995PLC088133
An ISO 9001, 14001 & 45001 Certified Company
compliance. He also has extensive experience in
mergers and acquisitions from an HR perspective.
With his strong HR and ER background, strategic
orientation and people-centric approach, Mr. Sanket
Dhotre continues to contribute meaningfully towards
strategic HR direction, talent development, capability
building, employee engagement and organisational
growth.
4. Disclosure of relationships between Not applicable
directors (in case of appointment of a
director)
5. Information as required pursuant to Not applicable
BSE circular ref no. LIST/ COMP/
14/ 2018-19 and the National Stock
Exchange of India Limited with ref
no. NSE/CML/2018/24, dated June
20, 2018
Annexure - B
Mr. Mukesh Panhotra, Vice President, Marketing (Senior Management Personnel) of the
Company
Sr. Particulars Remarks
1. Reason for Change viz. appointment, Mr. Mukesh Panhotra has been nominated and
reappointment, resignation, removal, appointed, as Vice President, Marketing (Senior
death or otherwise Management Personnel).
2. Date of Appointment / July 01, 2026
reappointment / cessation (as
applicable) and term of appointment
/ reappointment
3. Brief Profile (in case of Mr. Mukesh Panhotra holds a Bachelor’s degree in Civil
appointment) Engineering from National Institute of Technology,
Hamirpur, HP. He also holds a Post Graduate Diploma
in Management (Dual) from Balaji Institute of Modern
Management, Pune.
Regd. Office: MGL House, Block G-33, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051
T + 91 22 6678 5000 | E info@mahanagargas.com | W www.mahanagargas.com | CIN L40200MH1995PLC088133
An ISO 9001, 14001 & 45001 Certified Company
He is the Functional Head of Marketing and Customer
Relationship Management function. Prior to joining the
company, he worked with Nayara Energy Limited,
Essar Oil Limited, Holtec Consulting Private Limited,
Gujarat Ambuja Cements Limited, W.R Grace &
Company and Shree Cements Limited.
4. Disclosure of relationships between Not applicable
directors (in case of appointment of a
director)
5. Information as required pursuant to Not applicable
BSE circular ref no. LIST/ COMP/
14/ 2018-19 and the National Stock
Exchange of India Limited with ref
no. NSE/CML/2018/24, dated June
20, 2018
Regd. Office: MGL House, Block G-33, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051
T + 91 22 6678 5000 | E info@mahanagargas.com | W www.mahanagargas.com | CIN L40200MH1995PLC088133
An ISO 9001, 14001 & 45001 Certified Company