Mahanagar Gas Limited has announced amendments to its ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’ (Fair Disclosure Code). The Board of Directors approved these changes on November 3, 2026. The updated code aims to enhance transparency and ensure fair dissemination of critical company information. The revised Fair Disclosure Code has been posted on the company’s official website, www.mahanagargas.com.
Mahanagar Gas Approves Code Amendments
Mahanagar Gas Limited (MGL) has officially updated its internal policies regarding the disclosure of sensitive company information. On November 3, 2026, the company’s Board of Directors convened and approved significant amendments to the ‘Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information’, often referred to as the ‘Fair Disclosure Code’. This move aligns with regulatory requirements and the company’s commitment to robust corporate governance.
Enhanced Transparency in Disclosures
The amendments to the Fair Disclosure Code are made pursuant to Regulation 8(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. These updates are designed to ensure that all price-sensitive information is disseminated in a fair and timely manner, preventing selective disclosure and maintaining market integrity. The company emphasizes its objective to preserve the confidentiality of Unpublished Price Sensitive Information (UPSI) while ensuring its equitable distribution to all stakeholders.
Code Availability
In line with its commitment to transparency, Mahanagar Gas Limited has also updated the revised Fair Disclosure Code on its official corporate website. Stakeholders can access the complete document and details of the amendments at www.mahanagargas.com. The company has formally informed the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, about these developments, requesting them to take this information on record.
Source: BSE
