The shift, driven by reduced domestic gas availability and changing supply dynamics, is likely to impact profitability for these companies, as they will now depend more on higher-cost gas for their PNG (domestic) and CNG (transport) segments. Each firm has filed separate disclosures with the stock exchange outlining the extent of the impact.
Sebi proposes to limit powers of stock exchange chiefs
India’s markets regulator on Tuesday proposed to increase the board oversight of key exchange functions, including the ones related to trading, risks, regulatory and compliance