Adani Total Gas announced the resignation of Pranab Kumar Ghosh, Vice President - Environment, Health & Safety (EHS), effective September 23, 2026. Ghosh cited the pursuit of other opportunities as the reason for his departure from the senior management role.

Regulatory Disclosure

The company filed a disclosure with BSE and NSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that Ghosh’s cessation of duties coincides with the closure of business hours on the specified date. This change marks a shift in the leadership of the company's safety and environmental compliance division.

Details of Departure

The resignation letter submitted by Ghosh to the Chief Executive Officer expresses gratitude to the management for their support and guidance during his tenure. He extended best wishes to the company for its future endeavors. The company secretary, Anil Agrawal, signed the official notification to the exchanges.

Corporate Governance Context

This disclosure adheres to SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The information regarding this change in Senior Management Personnel is also available on the company’s official website. No replacement has been announced in the immediate filing.

Adani Total Gas Limited has agreed to pay ₹9.75 lakh to settle proceedings initiated by the Securities and Exchange Board of India (SEBI). The regulatory action stems from an alleged violation of Regulation 33(1)(d) of the SEBI Listing Regulations, which pertains to the timely disclosure of material events.

The settlement order was passed on September 22, 2026, following a settlement application filed by the company under the SEBI (Settlement Proceedings) Regulations, 2018. In its filing to stock exchanges, Adani Total Gas clarified that it neither admitted nor denied the findings of fact or conclusions of law regarding the alleged non-compliance with Clause 2 of the erstwhile Listing Agreement.

Settlement Details and Financial Impact

The company disclosed that the total settlement amount stands at ₹9,75,000. Management explicitly noted that this payment carries no material financial impact on the company’s operations or balance sheet. The violation relates to specific disclosure obligations under the SEBI Listing Regulations, which mandate prompt reporting of significant corporate developments to ensure market transparency.

Regulatory Context

Regulation 33(1)(d) requires listed entities to disclose all material events or information to stock exchanges promptly. The settlement mechanism allows companies to resolve such regulatory matters without prolonged litigation, provided they pay the stipulated amount. This resolution concludes the proceedings initiated against the gas distribution major without any additional sanctions or restrictions on its trading activities.