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
-0.86%-2.94%+0.11%-6.17%-0.31%-17.39%

Gujarat Gas Appoints Ashwini Kumar as Additional Director with Effect from January 27, 2026

1 min read     Updated on 29 Jan 2026, 05:50 PM
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Reviewed by
Suketu GScanX News Team
Overview

Gujarat Gas Limited appointed Shri Ashwini Kumar, IAS as Additional Director effective 27th January, 2026, following Government of Gujarat directive. Kumar, serving as Principal Secretary for Energy & Petrochemicals Department, brings 29 years of public administration experience and joins as Promoter-Nominee. His extensive background includes leadership roles in various government departments and Public Sector Undertakings with focus on policy formulation and institutional governance.

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

Gujarat gas has announced the appointment of Shri Ashwini Kumar, IAS as Additional Director on its Board of Directors, effective from 27th January, 2026. The appointment was communicated to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The Board of Directors approved Kumar's appointment following a letter from the Government of Gujarat bearing number EPDC/0454/01/2026 dated 27th January, 2026. Kumar will serve as a Promoter-Nominee on the Board.

Parameter: Details
Name: Shri Ashwini Kumar, IAS
DIN: 06581753
Current Position: Principal Secretary, Energy & Petrochemicals Department
Appointment Date: 27th January, 2026
Role: Additional Director (Promoter-Nominee)

Professional Background

Kumar brings extensive experience in public administration, with over 29 years of service as a senior Indian Administrative Service officer of the Gujarat cadre. His career has encompassed diverse assignments across State administration, focusing on policy formulation, programme implementation, and institutional governance.

Throughout his tenure, Kumar has served in several key departments of the Government of Gujarat, including:

  • District administration roles
  • Secretariat-level policy positions
  • Leadership positions in Public Sector Undertakings
  • Strategic oversight roles in statutory bodies

Key Contributions and Experience

Kumar's professional contributions have centered on strengthening administrative systems, improving service delivery, and supporting infrastructure-led sustainable economic development. His notable achievements include effective implementation of government programmes, oversight of large public projects, and strengthening governance and financial discipline in public institutions.

As Director and Chairman on boards of various Public Sector Undertakings, he has provided strategic oversight in corporate governance, financial prudence, regulatory compliance, and long-term institutional planning, aligned with Government of India and Government of Gujarat guidelines.

Current and Previous Roles

Currently serving as Principal Secretary to the Energy and Petrochemicals Department, Kumar has previously held several significant positions:

  • Principal Secretary, Urban Development & Urban Housing Department
  • Principal Secretary for Sports, Art, Culture and Youth Affairs
  • Secretary to Hon'ble Chief Minister Gujarat for over 5 years

Regulatory Compliance

The company confirmed that Kumar is not debarred from holding the office of director by virtue of any SEBI order or any other authority. Additionally, none of the existing Directors of Gujarat Gas Limited are related to Kumar, ensuring compliance with corporate governance requirements.

Historical Stock Returns for Gujarat Gas

1 Day5 Days1 Month6 Months1 Year5 Years
-0.86%-2.94%+0.11%-6.17%-0.31%-17.39%

More News on Gujarat Gas

1 Year Returns:-0.31%