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26 Nov 2020 10:21
Sub.: Change in Directorship: Appointment of Director (Business Development)
Dear Sir/Madam,
This is with reference to MOPNG Letter No. CA-31022/2/2018-PNG (33353) dated 25.11.2020 in respect of appointment of Shri M V Iyer as Director (Business Development) of the Company. The Board in its meeting held on 25.11.2020 approved the appointment of Shri M V Iyer (DIN 08198178) as an Additional Director of the Company w.e.f. 25.11.2020 to hold the post of Director (Business Development).
The information pertaining to Shri M V Iyer is as under:
1. Brief profile
Shri M V Iyer is an Electrical Engineering Graduate from MANIT, Bhopal and graduated in 1986. Shri Iyer has 34 years of rich and diverse experience in GAIL in projects execution amounting to Rs 40,000 crores, including current projects worth Rs 25,000 crores spanning 16 states, 150 districts and City Gas Distribution (CGD) projects in six cities. As a target-oriented professional, he has consistently delivered results in Projects, Operations and Maintenance roles.
He has been part of the core team of GAIL for implementation of various long term and short term strategies in GAIL. Shri Iyer is also Director in one of the GAIL's new Joint venture company Indradhanush Gas Grid Limited (IGGL) for implementation of North East Gas Grid. He has been associated with several non-core business areas like commissioning of the Dabhol LNG Terminal and implementation of 100 MW Wind power project, 5 MW Solar power projects and current thrust areas of City Gas Distribution (CGD) projects within short span of one year.
2. Disclosure of relationships between Directors
Shri M V Iyer does not have any relation inter-se with other Director(s) of the Company.
3. Further with respect to SEBI Instructions dated 14.06.2018, it is to affirm that Shri M V Iyer is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.
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