Adani Total Gas Limited has issued a clarification to BSE Limited regarding a significant increase in trading volume of its shares, responding to an exchange inquiry dated April 9, 2026.

Company's Response to BSE Inquiry

The company received a communication from BSE with reference number L/SURV/ONL/PV/SG/2026-2027/24 seeking clarification on the unusual trading activity. In its response, Adani Total Gas attributed the volume surge to market-driven factors beyond the company's influence.

Management's Position on Volume Increase

The management emphasized that the significant increase in trading volume was purely due to market conditions and absolutely market-driven. The company clarified that it neither has control over nor possesses knowledge of the specific reasons behind the volume surge.

Regulatory Compliance Commitment

Adani Total Gas reaffirmed its commitment to regulatory compliance, stating that it has made and will continue to make all relevant disclosures. The company highlighted its adherence to:

• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Stock exchange agreements and obligations
• Regulation 30 compliance requirements

The response was digitally signed by Company Secretary Anil Agrawal and submitted to maintain transparency with the stock exchange regarding the trading activity.

Adani Total Gas Limited has successfully completed the electronic dispatch of its postal ballot notice dated April 6, 2026, seeking shareholder approval for the re-appointment of its Executive Director. The company has informed both stock exchanges about the completion of this regulatory process under SEBI Listing Regulations.

Postal Ballot Notice Dispatch Completion

The company completed the electronic dispatch of the postal ballot notice along with explanatory statement to all eligible members on April 6, 2026. As part of regulatory compliance, newspaper advertisements were published in Indian Express (English) and Financial Express (Gujarati) on April 7, 2026.

Executive Director Re-appointment Details

The postal ballot seeks approval for the re-appointment of Mr. Suresh P Manglani (DIN: 00165062) as Whole Time Director designated as Executive Director of the Company. The resolution is proposed as an Ordinary Resolution requiring member consent.

Remuneration Structure

The re-appointment includes a comprehensive remuneration package reflecting Mr. Manglani's executive responsibilities and industry experience.

Note: Subject to revision in view of PMS 25-26

E-voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for shareholders. The voting process will be conducted entirely through electronic means, with no physical postal ballot forms being dispatched.

Professional Background and Qualifications

Mr. Suresh P Manglani brings extensive experience to his executive role, having served as the company's Chief Executive Officer since September 2018. His initial appointment as Executive Director was effective from February 9, 2023, for a three-year term.

Key Qualifications:

• M. Com, LL.B (Academic), CMA and FCS
• 37+ years of experience in the oil and gas industry
• 17 years with British Gas and BP Plc joint ventures in India
• Extensive experience in city gas distribution (CGD) businesses

Professional Experience:

• Previous associations with GAIL (approximately 5 years)
• Mahanagar Gas Limited (over 13 years)
• Reliance Industries Limited (10 years in senior leadership positions)

Regulatory Compliance and Communication

Company Secretary Anil Agrawal signed and dispatched the formal communication to BSE Limited and National Stock Exchange of India Limited on April 7, 2026. The intimation includes copies of newspaper advertisements and confirms completion of electronic dispatch to eligible shareholders.

The postal ballot results will be submitted within two working days from the conclusion of the e-voting period to the stock exchanges in accordance with SEBI Listing Regulations. Results will be displayed on the company's website, NSDL's e-voting portal, and communicated to both stock exchanges where the company's equity shares are listed.