Share ownership Mahanagar Gas Limited

MGL

INE002S01010

Natural Gas Utilities

Market Closed - NSE India S.E. Other stock markets 12:05:09 10/07/2026 BST			5-day change	1st Jan Change
1,126.30 ^INR	+0.32%		-0.20%	-0.86%

06-30	Mahanagar Gas Limited Announces Superannuation of Chakrapani Atmakur, Senior Vice President, Human Resources & Corporate Social Responsibility, Effective July 1, 2026	CI
05-31	Mahanagar Gas Limited Announces Retirement of Rajesh Wagle as Senior Vice President, Marketing and Senior Management Personnel, Effective June 1, 2026	CI

Share class: Mahanagar Gas Limited

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	98,777,778	56,795,819 ( 57.5 %)	0	57.5 %

Major shareholders: Mahanagar Gas Limited

Name	Stocks	%	Valuation
GAIL INDIA LIMITED 32.5 %	32,102,750	32.5 %	368 M ₹
State of Maharashtra 10 %	9,877,778	10 %	113 M ₹
Life Insurance Corporation of India (Investment Portfolio) 6.748 %	6,665,971	6.748 %	76 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 1.846 %	1,822,989	1.846 %	21 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.736 %	1,715,233	1.736 %	20 M ₹
PPFAS Asset Management Pvt Ltd. 1.682 %	1,660,993	1.682 %	19 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 1.333 %	1,316,759	1.333 %	15 M ₹
Axis Asset Management Co. Ltd. 1.173 %	1,158,362	1.173 %	13 M ₹
Bajaj Allianz Life Insurance Co. Ltd. 1.08 %	1,066,906	1.08 %	12 M ₹
Robeco Hong Kong Ltd. 0.7849 %	775,313	0.7849 %	9 M ₹
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Breakdown by shareholder type

GAIL (India) Ltd.	32.5%
Institutional	18.98%
Governments	10%
Unknown	38.52%

Based on 1000 largest holdings

Geographical origin of shareholders

India	59.72%
Hong Kong	0.78%
Denmark	0.76%
Switzerland	0.06%
Belgium	0.05%
France	0.04%
Canada	0.04%
United Kingdom	0.01%
Malaysia	0.01%
United States	0.01%

Based on 1000 largest holdings

Mahanagar Gas Limited is an India-based natural gas distribution company. The Company is engaged in the distribution of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane and Raigad districts of Maharashtra. It operates through the selling of the natural gas segment. It offers PNG for domestic, commercial and industrial purposes. Its domestic PNG is used for various purposes, like cooking and water heating. It is also used by hospitals, nursing homes, hotels, flight kitchens, restaurants, places of worship and others. It offers PNG for various industries, including metal, pharmaceuticals, food and beverages, printing and dyeing, oil mills, power generation and air conditioning. It supplies CNG to Brihanmumbai Electricity Supply and Transport/Thane Municipal Transport/Maharashtra State Road Transport Corporation/Navi Mumbai Municipal Transport (BEST/TMT/MSRTC/NMMT) buses, light commercial vehicles (LCVs)/ tempos/ trucks/private buses. It also installs gas geysers.

Employees

579

Sector

Natural Gas Utilities

More about the company