Gujarat Gas Issues Force Majeure Notices to Industrial Customers Due to Middle East War Impact on Gas Supply

1 min read     Updated on 04 Mar 2026, 06:20 PM
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Reviewed by
Naman SScanX News Team
Overview

Gujarat Gas Limited issued Force Majeure notices to industrial customers on March 4, 2026, restricting Daily Contracted Quantity effective March 6, 2026, due to severe R-LNG supply constraints from the Middle East war. The company disclosed that Acts of War are not covered under its insurance and the financial impact cannot be estimated currently.

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*this image is generated using AI for illustrative purposes only.

Gujarat Gas Limited has issued Force Majeure notices to its industrial customers, restricting gas supply quantities due to severe constraints in R-LNG availability caused by the ongoing war in the Middle East region. The company filed this regulatory intimation on March 4, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Force Majeure Implementation Details

The Force Majeure notices have been issued to industrial customers in accordance with the provisions of existing Gas Supply Agreements. The restrictions on Daily Contracted Quantity became effective from March 6, 2026.

Parameter: Details
Effective Date: March 6, 2026
Affected Customers: Industrial Customers
Restriction Type: Daily Contracted Quantity
Legal Basis: Gas Supply Agreement Provisions

Supply Chain Impact

The company attributed the supply constraints to the recent ongoing war in the Middle East region, which has significantly impacted the gas supply scenario. The availability of R-LNG (Re-gasified Liquefied Natural Gas) has become severely constrained due to these geopolitical developments.

Insurance and Financial Implications

Gujarat Gas Limited disclosed that Acts of War are not covered under the company's insurance policies. The company stated that the likely impact of this Force Majeure event, which is currently ongoing, cannot be estimated at this point in time.

Regulatory Compliance and Monitoring

The company has committed to closely monitoring the developments in the Middle East region and their impact on gas supply chains. Gujarat Gas Limited will keep both BSE Limited and National Stock Exchange of India Ltd informed of any material updates regarding this situation as it evolves.

Historical Stock Returns for Gujarat Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+4.91%+2.13%+0.49%-4.45%+12.26%-21.50%

Gujarat Gas Limited Receives ESG Rating of 70 Grade B from CFC Finlease Private Limited

1 min read     Updated on 24 Feb 2026, 05:42 PM
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Reviewed by
Shriram SScanX News Team
Overview

Gujarat Gas Limited has been assigned an ESG rating of 70 with Grade B by CFC Finlease Private Limited, placing it in the 'Good' category for sustainability performance. The rating was conducted independently without the company's engagement, using publicly available information. The company received notification through BSE Limited on 24th February, 2026, and has made the rating publicly accessible on both the rating agency's website and its own corporate website.

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*this image is generated using AI for illustrative purposes only.

Gujarat gas Limited has received an ESG rating of 70 with Grade B from CFC Finlease Private Limited, categorizing the company's sustainability performance as 'Good'. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ESG Rating Details

The rating assessment covers the company's performance across Environmental, Social and Governance parameters. CFC Finlease Private Limited assigned the rating based on their evaluation methodology.

Parameter Details
ESG Rating 70
Grade B
Category Good
Rating Agency CFC Finlease Private Limited
Disclosure Date 24th February, 2026

Independent Assessment Process

Gujarat Gas Limited clarified that it did not engage CFC Finlease Private Limited for the evaluation or issuance of its ESG rating. The rating agency prepared the report independently using publicly available information about the company.

The company received notification of this ESG rating through an email intimation from BSE Limited on 24th February, 2026. BSE informed the company that CFC Finlease Private Limited had submitted the ESG rating disclosure.

Public Disclosure and Accessibility

The ESG rating has been made publicly available through multiple channels:

This ESG rating disclosure demonstrates the company's commitment to transparency in sustainability reporting and provides stakeholders with an independent assessment of its environmental, social and governance practices.

Historical Stock Returns for Gujarat Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+4.91%+2.13%+0.49%-4.45%+12.26%-21.50%

More News on Gujarat Gas

1 Year Returns:+12.26%