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Business Line

Stocks that will see action today: September 23, 2024

Buzzing stocks: Vodafone, Reliance, Tata Seel, HFCL, SpiceJet, DreamFolk Services, Adani Total Gas, ONGC, Glenmark, Godfrey Phillips, Bharat Forge, Mankind Pharma, Aarti Drugs, BHEL, Dr Reddy’s Lab, Ramco Cements, KEC International

Business Standard

Adani Total Gas secures $375 million financing from global lenders

Adani Total Gas said that it has entered into an overall financing framework with global lenders, which enables ATGL to secure future funding based on its business plan.

Business Standard

Adani Total Gas secures financing of USD 375 mn from global lenders

The maiden financing of USD 375 million executed with international lenders include an initial commitment of USD 315 million with accordion feature to enhance the commitments. Five international lenders participated in the initial financing which includes BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.

The Economic Times

Adani Total Gas raises over Rs 3,000 crore from global lenders to expand its city gas network

Adani Total Gas, a joint venture between Adani Group and Total Energies, has secured ₹3,131 crore ($375 million) from several international banks. This funding will accelerate the expansion of its city gas distribution network across 34 areas in 13 states, potentially benefiting up to 14% of India's population.

The Economic Times

Adani Total Gas secures USD 375 mn funding to expand city gas network

Five international lenders participated in the initial financing -- BNP Paribas, DBS Bank, Mizuho Bank, MUFG Bank, and Sumitomo Mitsui Banking Corporation.

Business Line

Adani Total Gas gets $375 million financing from 5 global lenders

The funds with enable the company to fast track its capital expenditure program to rapidly expand its CGD network into its 34 authorised geographical areas (GAs) across 13 states

Business Standard

ATGL enters into financing framework, to raise $ 375 mn in initial round

The company said the maiden financing of $375 million executed with international lenders includes an initial commitment of $315 million with an accordion feature to enhance the commitments

The Economic Times

Adani Total Gas secures over Rs 3000 crore from international lenders

Adani Total Gas Ltd, a joint venture between Adani Group and Total Energies, has secured Rs 3131 crore ($375 million) from five international banks. This funding will accelerate the expansion of its city gas distribution network across 34 geographical areas in India, supporting the country's shift towards a gas-based economy and eco-friendly fuel usage.

CNBC TV18

Adani Total Gas secures $375-million funding to expand city gas distribution biz

This package marks the largest global funding initiative in the CGD (city gas distribution) business. Shares of Adani Total Gas Ltd ended at ₹790, up by ₹13.85, or 1.78%, on the BSE.

The Economic Times

Adani Total Gas secures $375 million financing from global lenders

Adani Total Gas Ltd (ATGL) has secured $375 million in financing from international lenders, including BNP Paribas and DBS Bank. This funding will support ATGL's expansion of its city gas distribution network across 34 areas in 13 states, potentially reaching over 200 million people in India.

CNBC TV18

Adani Ports handles 5% more cargo in August than last year at 36.1 million metric tonne

Adani Ports Share Price | For the first five months (April-August) of the current financial year FY25, the company recorded a total cargo volume of 182.4 MMT, a 7% increase compared to the same period in the year-ago period. This growth was primarily driven by a 17% increase in container volumes and a 7% rise in liquids and gas cargo.

The Economic Times

3 Adani Group stocks eligible for inclusion after Sebi's F&O entry, exit norms' revision

Adani Green Energy, Adani Energy Solutions, and Adani Total Gas are eligible for entry into the derivatives segment. Nuvama estimates these stocks may enter the F&O market, with SEBI's final decision pending.

Business Line

All Adani group stocks tumble on Hindenburg report; Adani Total Gas slumps 17%

BSE Sensex tanked 479.78 points to 79,226.13, and NSE Nifty dropped 155.4 points to 24,212.10.

The Economic Times

Petronet, Shell, Adani-Total push back against PNGRB's attempt to regulate LNG terminals

Liquefied natural gas (LNG) operators Petronet LNG, Shell, and Adani-Total are opposing the Petroleum and Natural Gas Regulatory Board (PNGRB)'s proposed regulations for establishing and operating LNG terminals. The draft regulations, which were unveiled last month, have been questioned by terminal operators, big gas consumers, and others due to concerns that they are not in line with the PNGRB Act.

Business Line

Adani Group Stock Price Updates: Hindenburg receives show-cause notice from SEBI

Adani Group Share Price/ Stock Updates 2 July 2024: Adani Group stocks such as Adani Enterprises, Adani Power, ATGL, AWL, Adani Ports and Ambuja Cements are in focus

Business Line

Adani Total Gas to set up supply network in Jalandhar; stock rises

Regulator authorises Adani Total Gas to undertake city gas distribution in Jalandhar