Petronet LNG Limited announced pursuant to letter no. CA/ND dated 29th June 2020 received from Indian Oil Corporation Limited (IOCL), Shri Sanjiv Singh (DIN: 05280701), Nominee Director (IOCL) has ceased to be Director of the Company w.e.f. 1 July 2020 consequent upon change in nomination by Indian Oil Corporation Limited due to his superannuation from the services of IOCL on 30th June, 2020. Pursuant to the nomination received from IOCL, through letter no. CA/ND dated 29th June 2020, Shri Shrikant Madhav Vaidya (DIN: 06995642), Chairman- IOCL has been appointed as Additional Director (Nominee Director - IOCL) on the Board of Petronet LNG Limited w.e.f. 1st July 2020 in place of Shri Sanjiv Singh. Shri S. M. Vaidya, a Chemical Engineer from the National Institute of Technology, Rourkela has over 34 years of extensive experience in refining and petrochemicals operations. He has had a decade-long association with India's cracker plant - the Panipat Naphtha Cracker Complex, a major driver of Indian Oil's petrochemicals business right from the drawing board stage. He is among the select technocrats in the Indian oil & gas industry who are proficient in all facets of refinery-petrochemicals integration, desirable for the sustainability of the oil & gas industry in the long-term. As Director (Refineries) he steered the timely rollout of BS-VI grade auto fuels across the country, commenced supply of IMO-compliant bunker fuel (0.5% Sulphur) and a special winter-grade diesel for the high-altitude regions of the Himalayas, and expanded the Company's green energy offerings with projects related to bio-fuels and 2G/3G ethanol-blended fuels at its refineries. Shri Vaidya is also a Non-Executive Chairman on the Board of Chennai Petroleum Corporation Ltd. (a Subsidiary of Indian Oil), Ratnagiri Refinery & Petrochemicals Ltd. and Indian Oiltanking Ltd. (both Joint Venture Companies).