Adani Total Gas Limited has informed the Exchange about Effect(s) on listed entity due to changed regulatory framework applicable

Regulatory & Legal View source PDF Explain this filing

ATGL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹610.40

prior close

₹603.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.2% vs market

LPG/CNG/PNG/LNG Supplier peers, median of 6sector+0.4%-0.8% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 0.8 pts less than its LPG/CNG/PNG/LNG Supplier peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.8

15m

+0.8

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.7-1.2+0.4-0.8

Next day

-0.5+1.3-1.8+2.1-2.6

+2.3+3.6-1.3+3.2-1.0

+1.5+4.5-2.9+5.5-4.0

+2.6+5.5-2.9+4.1-1.6

+2.1+5.3-3.2+4.1-2.0

+1.2+4.1-2.9+2.6-1.4

15d

-1.0+2.2-3.1+4.0-4.9

+11.2+9.3+1.9+7.2+4.0

+7.7+12.6-4.9+6.6+1.1

+8.1+14.7-6.6+7.4+0.7

UpDownMarket · Nifty Midcap 150Sector · LPG/CNG/PNG/LNG Supplier peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Adani Total Gas has been informed by GAIL (India) Ltd, the nodal agency, that its allocation of cheap domestic gas under the Administered Price Mechanism (APM) will be reduced by 15%, effective 16th April 2025. The shortfall is being replaced with New Well Gas (NWG), which is priced significantly higher than APM gas. The company has stated this change will have an adverse impact on its profitability, as input costs rise. The company says it is exploring measures to mitigate the impact on margins.

Likely market impact

Negative for near-term profitability due to higher input gas costs; cost pass-through to customers will be a key metric to watch. Could pressure margins and earnings in the short term.