Adani Total Gas Limited — Others, 25-11-2024: News Verification

Adani Total Gas Limited has clarified that it is not involved in any projects mentioned in a recent media report regarding a $2.5 billion deal in Kenya. The company confirmed that neither it nor its subsidiaries have contracts related to the referenced airport or transmission line. Additionally, Adani Total Gas asserts that it has no material information to disclose relevant to recent inquiries from the BSE and NSE regarding the stock's performance. This clarification should help stabilize investor sentiment, potentially mitigating concerns about the company's exposure to negative developments linked to the Adani Group.