PG Electroplast Limited (PGEL) has notified stock exchanges about severe constraints in its LPG supply chain, effective March 09, 2026. Suppliers are enforcing restrictions due to ongoing maritime navigation issues stemming from the war in the Middle East. Consequently, the allocation of LPG quantities to PGEL under existing contracts has been reduced. The company is actively assessing customer impact and exploring alternative supply sources.
Gas Supply Shortage Notification
PG Electroplast Limited (PGEL) has formally communicated an unforeseen disruption impacting its operations. The company’s LPG Suppliers have advised of a shortage under their existing Gas Sale and Purchase Agreement. This critical constraint is attributed to ongoing maritime navigation restrictions resulting from the current war situation in the Middle East region, leading to severely constrained gas availability.
Impact on Operations and Allocation
As a direct result of these supplier-imposed restrictions, the allocation of LPG quantities to PGEL has been constrained, effective March 09, 2026. The Company is currently undertaking a detailed assessment to determine the extent of supply curtailment that must be imposed on its downstream customers. PGEL management is simultaneously prioritizing efforts to secure alternative sources and supplies to maintain unaffected production levels wherever possible.
Monitoring and Future Disclosure
At this current juncture, the management emphasizes that the potential financial or operational impact arising from this shortage situation cannot yet be quantified. PGEL assures stakeholders that it is closely monitoring all developments related to the supply chain disruption and will ensure timely updates are provided to the stock exchanges regarding any material changes.
Source: BSE
