Adani Total Gas Limited has issued a formal clarification to stock exchanges regarding recent media reports about US regulatory actions. The company responded to queries from BSE Limited and National Stock Exchange of India Limited dated January 23, 2026, seeking clarification on media coverage.

Media Report Details

The clarification addressed a specific media report titled "US regulator seeking measures to serve Gautam, Sagar Adani legal summons, Bloomberg reports" published on CNBC TV18's website on January 23, 2026. The stock exchanges sought clarification under regulation 30(11) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Position

The company clearly stated that there are no allegations made against it in these proceedings and that it is not a party to the legal matters referenced in the media report. Adani Total Gas referred to its previous response dated November 21, 2024, which addressed similar clarification requests on news items appearing in media publications.

Regulatory Compliance

Adani Total Gas emphasized that the content of the press report does not trigger any disclosure requirements under Regulation 30 read with Schedule III of SEBI Listing Regulations. This indicates that the company believes the media coverage does not constitute material information that would require formal disclosure to shareholders and the market.

Corporate Communication

The clarification was signed by Anil Agrawal, Company Secretary of Adani Total Gas Limited, and digitally submitted on January 23, 2026. The company requested that stock exchanges take this clarification on record, maintaining transparency in its communication with regulatory authorities and stakeholders.

Adani Total Gas Limited has successfully completed its postal ballot process for the appointment of Mr. K Jairaj as an Independent Director, with shareholders demonstrating overwhelming support for the resolution. The company announced the results on January 23, 2026, following a comprehensive e-voting process conducted in accordance with regulatory requirements.

Postal Ballot Results and Voting Details

The special resolution for appointing Mr. K Jairaj (DIN: 01875126) as an Independent Director (Non-Executive) received exceptional shareholder approval, with 99.85% of total votes polled cast in favour of the appointment. The voting process was conducted exclusively through electronic means via National Securities Depository Limited's platform.

E-Voting Process and Timeline

The company provided e-voting facility to members through National Securities Depository Limited, ensuring a transparent and accessible voting process. The postal ballot notice was dated December 19, 2025, and the e-voting period commenced at 9:00 am IST on Thursday, December 25, 2025, concluding at 5:00 pm IST on Friday, January 23, 2026.

In compliance with MCA circulars, the company sent the postal ballot notice in electronic form only to 633,504 shareholders on record as of December 19, 2025. No physical ballot forms were dispatched, and the notice was made available on the company's website and stock exchange platforms.

Category-wise Voting Breakdown

The voting pattern across different shareholder categories demonstrated strong support for the appointment:

Scrutinizer's Report and Compliance

Mr. Raimeen Maradiya, Partner at Chirag Shah and Associates, served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that the voting process was conducted in a fair and transparent manner, adhering to all applicable provisions of the Companies Act, 2013, and SEBI regulations.

The scrutinizer's report validated that all procedural requirements were met, including proper dispatch of electronic notices, newspaper advertisements published in Indian Express (English) and Financial Express (Gujarati) on December 25, 2025, and secure handling of the e-voting process.

Regulatory Compliance and Documentation

The postal ballot was conducted pursuant to Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. Company Secretary Anil Agrawal submitted the voting results and scrutinizer's report to BSE Limited and National Stock Exchange of India Limited, fulfilling the disclosure requirements under Regulation 44(3) of SEBI regulations.

The appointment of Mr. K Jairaj as Independent Director strengthens the company's board composition and governance framework, reflecting shareholders' confidence in the proposed leadership enhancement.