The Southern Gas Limited has scheduled a meeting of its Board of Directors on Thursday, May 28, 2026, at 04:00 p.m. The meeting will be held at the company's registered office in Margao, Goa. The primary agenda includes the consideration and approval of the audited standalone financial results for the quarter and financial year ended March 31, 2026.

Agenda Details

The board will review the financial performance for the specified period. In addition to the financial results, the directors will consider recommending a dividend on equity shares for the financial year ended March 31, 2026. Any dividend declaration will be subject to the approval of shareholders at the ensuing Annual General Meeting.

Trading Window Closure

Pursuant to SEBI regulations, the trading window for dealing in the securities of the company has been closed since April 1, 2026. This closure will remain in effect until 48 hours after the declaration of the financial results. Consequently, the window is scheduled to reopen on May 30, 2026.

Meeting Information

Southern Gas Limited has submitted its annual disclosure to BSE Limited under SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, confirming that it does not qualify as a Large Corporate entity as on March 31, 2026. The disclosure was filed on April 10, 2026, by Company Secretary Roshan Varshney for the financial year 2025-26.

Annual Disclosure Framework

The submission pertains to the SEBI framework governing fund raising through issuance of debt securities by Large Corporates. Under this regulatory requirement, companies must provide annual disclosures regarding their borrowing profile and compliance with mandatory debt securities requirements. The Southern Gas Limited submitted the prescribed Annexure-B2 format as part of its annual compliance obligations.

Financial Position and Borrowing Details

The company's annual disclosure revealed comprehensive financial information for FY 2025-26:

Since the company does not fall under the Large Corporate criteria, it is not required to raise 25% of incremental borrowings from debt securities. Consequently, all disclosure parameters related to mandatory borrowing through debt securities and associated penalties are marked as not applicable.

Regulatory Compliance Confirmation

The disclosure was duly signed by key officials including Company Secretary Roshan Varshney and Chief Finance Officer Shekhar Madhukar Nagwekar. The company explicitly stated that it is not a Large Corporate and hence is not required to raise 25% of incremental borrowings from debt securities. This confirmation ensures full compliance with SEBI operational circular requirements and maintains transparency with stakeholders.

Company Operations

The Southern Gas Limited, established in 1963 and currently celebrating its 60th anniversary, operates from its registered office in Margao, Goa. The ISO-certified company maintains an extensive network of production units across southern India, including facilities in Bengaluru, Bhadravati, Harihara, Hubballi, Mysuru, Kozhikode, Kochi, Thiruvananthapuram, and Tiruchirappalli. The company continues to maintain its regulatory compliance obligations while operating across multiple locations in the southern region.