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Adani Total Gas Ltd. ( (IN:ATGL) ) has issued an update.
Adani Total Gas Limited has clarified to the BSE and NSE that a recent media report about a US regulator seeking measures to serve legal summons on Gautam and Sagar Adani does not involve the company in any way. The company reiterated that there are no allegations against it, it is not a party to the referenced proceedings, and the media report does not trigger any disclosure obligations under SEBI’s listing regulations, signalling that management sees no direct regulatory or operational impact on Adani Total Gas from this development.
More about Adani Total Gas Ltd.
Adani Total Gas Limited, formerly known as Adani Gas Ltd, operates in India’s city gas distribution sector, supplying piped natural gas to households, commercial and industrial users, as well as compressed natural gas for vehicles, with a focus on urban and semi-urban markets across the country.
Average Trading Volume: 99,630
Technical Sentiment Signal: Sell
Current Market Cap: 586B INR
Learn more about ATGL stock on TipRanks’ Stock Analysis page.