Expansion10 Jan 2025, 12:36 am
Adani Total Gas Ltd Receives 20% Increase in APM Gas Allocation
AI Summary
Adani Total Gas Ltd has been informed by the Nodal agency, GAIL (India) Ltd, that the allocation of Adjusted Price Mechanism (APM) Gas has been revised upwards by 20%, effective 16th January 2025. This increase in APM Gas allocation is expected to have a positive impact on the company and contribute to the stabilization of retail prices for end consumers.
Key Highlights
- Adani Total Gas Ltd receives a 20% increase in APM Gas allocation
- The upward revision is effective from 16th January 2025
- This update is expected to positively impact the company's operations
- The increase in allocation will help stabilize retail prices for end consumers
- The information has been disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015