Adani Total Gas Limited has informed the Exchange about change in Management - Redesignation of Mr. Suresh P Manglani from Executive Director and Chief Executive Officer to Executive Director w.e.f. closure of business hours on May 21. 2026 and Appointment of Mr. Sanjay Pandita as Chief Executive Officer w.e.f. May 22, 2026.
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Adani Total Gas Limited's board has approved a leadership transition effective May 21-22, 2026. Mr. Suresh P. Manglani has been re-designated from Executive Director & CEO to Executive Director, continuing his association with the company. Mr. Sanjay Pandita has been appointed as the new Chief Executive Officer. The company states this is part of its 'succession planning and leadership transition.' Mr. Pandita joins from RIL/Jiobp Mobility solutions and brings over 25 years of experience in the energy sector, including previous roles at Mahanagar Gas Limited and Gujarat Gas Limited.
The transition appears planned and orderly rather than a sudden departure, which is generally positive for shareholder confidence. The new CEO brings extensive experience in city gas distribution and clean energy, which aligns with the company's core business.