Gujarat Gas Ltd updates on gas supply scenario

In light of the recent ongoing war in the Middle East region impacting the gas supply scenario, the availability of R-LNG has become severely constrained.

In light of the above situation, the Company has issued Force Majeure Notices to its Industrial Customers in terms of the provisions of the Gas Supply Agreements restricting the Daily Contracted Quantity effective from 6th March, 2026.

Acts of War is not covered under the Insurance taken by Gujarat Gas Limited. The likely impact of Force Majeure which is currently an ongoing event cannot be estimated at this point of time. The Company is closely monitoring the developments and will keep the stock exchanges informed of any material updates in this regard.

Shares of Gujarat Gas Limited was last trading in BSE at Rs. 418.60 as compared to the previous close of Rs. 398.45. The total number of shares traded during the day was 154570 in over 3953 trades.

The stock hit an intraday high of Rs. 430.10 and intraday low of 382.40. The net turnover during the day was Rs. 62070419.00.

Source : Equity Bulls

Keywords

GujaratGas INE844O01030 GasSupply MiddleEast RLNG