Adani Total Gas Limited informed that, a regulatory order has been issued by Petroleum and Natural Gas Regulatory Board (PNGRB), New Delhi. Name of the authority: Petroleum and Natural Gas Regulatory Board. Period Involved: December 2022 to August 2023.

Nature and details of the action(s) taken, initiated or order(s) passed: The Regulatory Board has decided to ratify /regularize the gas pipeline laid in Mundra SEZ and charged a penalty under Section 28 of PNGRB Act. The declaration by the PNGRB will pave way for enabling ATGL to operate the pipeline and generate revenues. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 23rd April, 2024.

The concerned order had been webhosted on PNGRB website. Details of the violation(s) /contravention(s) committed or alleged to be committed: ATGL had laid the pipeline as per the approval granted under the SEZ Act. However, as per PNGRB, approval should have been obtained from the Regulatory Board under the PNGRB Act.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: INR 10 Million to be remitted to the Regulatory Board.