Mahanagar Gas Ltd Supplies Impacted by Geopolitical Developments and SEBI Order

Mahanagar Gas Ltd has been impacted by the prevailing geopolitical developments affecting global energy markets, resulting in curtailed gas supplies from some of its suppliers. The Ministry of Petroleum and Natural Gas has prioritised the supply of natural gas to Domestic Pipeline Natural Gas (DPNG) and Compressed Natural Gas (CNG) sectors, advising curtailment of gas supply to Industrial and Commercial (I&C) customers. The company is aligning its gas supply in accordance with the prescribed directions and assessing the impact of these developments.