Gujarat Gas wins case against Adani in Supreme Court

gautam-adani group law insider in
gautam-adani group law insider in

Swarna Shukla-

Published On: September 29, 2021 at 11:01 IST

State run gas distributor Gujarat Gas Ltd won a case in the Supreme Court to secure distribution rights for Ahemdabad’s outskirts.

The case was against Private Sector’s renowned Adani Gas over the rights for authorized distribution of gas.

“We hereby inform you that the Honorable Supreme Court of India has pronounced judgement in case of Ahmedabad Rural authorization, which has been decided in favor of Gujarat Gas Limited,” the state-run firm said in a regulatory filing.

In a regulatory filing, which was filed in pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Gujarat Gas commented that, “We will examine the detailed judgement and take appropriate actions.”

The Gujarat Gas shares were trading at Rs 617.15, marginally down from Rs 621.25 earlier at the closing.

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