Adani Total Gas Limited has announced a significant restructuring of its top leadership as part of its succession planning strategy. The company's board of directors approved the appointment of Mr. Sanjay Pandita as the Chief Executive Officer (Key Managerial Personnel) effective May 22, 2026. This decision follows the recommendation of the nomination & remuneration committee and marks a new phase in the company's operational management.

Leadership Transition Details

In conjunction with the new appointment, Mr. Suresh P. Manglani has been re-designated from his position as Executive Director & Chief Executive Officer to Executive Director. This change took effect from the close of business hours on May 21, 2026. The company affirmed that Mr. Manglani is not debarred from holding the office of director by any SEBI order or other regulatory authority, ensuring continuity in governance.

Profile of New CEO

Mr. Sanjay Pandita brings over 25 years of experience to the role, having worked extensively in the Natural Gas, LNG, LPG, and low-carbon energy sectors. His career includes leadership positions at Mahanagar Gas Limited and Gujarat Gas Limited, as well as a tenure at Nayara Energy. An engineering professional, he holds a B.Tech degree, a Diploma in Mechanical Engineering, and a Post Graduate qualification in Executive Business Management from the Indian Institute of Management Kolkata.

Updated Key Managerial Personnel

The company has also updated its list of Key Managerial Personnel authorized to determine materiality and make disclosures to stock exchanges. The revised list includes the newly appointed CEO and the re-designated Executive Director.

The board meeting to finalize these appointments commenced at 5:45 p.m. and concluded at 6:45 p.m. on May 21, 2026.

Adani Total Gas Limited has submitted its annual promoter shareholding disclosure to the National Stock Exchange of India Limited and Bombay Stock Exchange Limited, pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended), for the financial year ended March 31, 2026. The filing, dated April 3, 2026, details the equity shareholding of all entities within the Adani Promoter and Promoter Group as of March 31, 2026.

Promoter and Promoter Group Shareholding as on March 31, 2026

The disclosure provides a comprehensive breakdown of shares held by each entity within the Adani Promoter and Promoter Group. The aggregate promoter holding amounts to 82,26,63,480 shares, accounting for 74.80% of the total share and voting capital, as well as 74.80% of the total diluted share and voting capital. The following table presents the detailed shareholding structure:

Encumbrance Declaration Under Regulation 31(4)

As part of the mandatory annual declaration, the S.B. Adani Family Trust, acting on behalf of the Adani Promoter and Promoter Group of Adani Total Gas Limited, has confirmed that no encumbrances were created over the shares of Adani Total Gas Limited, either directly or indirectly, during the financial year ended March 31, 2026. This declaration excludes only those encumbrances for which disclosures had already been made during the same financial year under the relevant provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended). The declaration was digitally signed by the Authorised Signatory of S.B. Adani Family Trust on April 3, 2026.