Adani Total Gas Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

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AI summary

Adani Total Gas Limited has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Suresh P Manglani as Whole Time Director (designated as Executive Director) for a term of one year from February 9, 2026. Manglani has been serving as CEO of the company since September 2018 and was first appointed as Executive Director from February 9, 2023. The re-appointment is on existing terms and conditions including existing remuneration structure. Electronic voting commenced on April 7, 2026 and closes on May 6, 2026. This is an Ordinary Resolution requiring simple majority approval from shareholders.

Likely market impact

This is a routine corporate governance matter ensuring continuity in company leadership. As an existing director being re-appointed on unchanged terms, the announcement is unlikely to have any material impact on the stock price.