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Adani Gas to change name to 'Adani Total Gas' to reflect Total's stake in company

26 Nov 2020 Evaluate

Adani Gas is planning to change its name to ‘Adani Total Gas’ to reflect French energy giant Total's stake in the firm. The company has through a postal ballot sought shareholders' nod to change the name as well as alter its memorandum and articles of association. After the French giant buying stake, Adani Gas is now a joint venture company of Adani Group and TOTAL Group, France with 37.40 per cent stake by each promoter and remaining 25.20 per cent with public shareholders.

In order to reflect the names of both promoter groups, it is proposed to change the name of the company from Adani Gas to Adani Total Gas to reflect the holding structure.

Adani Gas is a wholly owned subsidiary of the Adani Enterprise (AEL) and was incorporated for setting up distribution network in various cities to supply natural gas to industrial, Commercial, Domestic and CNG Customers.

Adani Total Gas Share Price

633.70 -10.50 (-1.63%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 166.50
Gujarat Gas 396.55
Indraprastha Gas 166.25
Mahanagar Gas 1171.95
Adani Total Gas 633.70
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