Mahanagar Gas News

Mahanagar Gas Appoints New Managing Director

Mahanagar Gas Limited appointed Praveer Kumar Srivastava as Managing Director for five years from April 30, 2026, replacing Ashu Shinghal who ceases duties on the same date.

Prudential plc reduces stake in Mahanagar Gas

Prudential plc and subsidiaries sold 728,763 shares of Mahanagar Gas Limited, reducing their holding from 3.15% to 2.41% through market sale on 6th April 2026.

Mahanagar Gas Submits Q4 FY26 Compliance Certificate

Mahanagar Gas Limited submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026, confirming proper handling of dematerialisation processes.

Mahanagar Gas Adjusts Supply Amid Gas Curtailment

Mahanagar Gas reports gas supply disruptions to industrial and commercial clients due to curtailment issues, company takes necessary actions to adjust supply distribution as directed by authorities.

Eastspring Investments becomes substantial shareholder in MGL

Eastspring Investments (Singapore) Limited acquired 66,037 shares of Mahanagar Gas Limited through open market purchase, increasing its holding to 5.01% and becoming a substantial shareholder as per SEBI regulations.