Mahanagar Gas Limited (MGL) observed Oil & Gas Conservation Fortnight 2016
Mahanagar Gas Limited (MGL) observed Oil & Gas Conservation Fortnight 2016 with the objective to propagate clean fuel to have a pollution free environment. During the fortnight the entire Oil and Gas Industry under the guidance of MOP&NG undertakes various activities to emphasize the need and importance of conservation of petroleum products and environment protection.
Aligning its activities in line with the theme ‘Indhan ho swach… jan gan ho swasth’ MGL Team held a number of sessions at various touch points such as housing societies, commercial establishments, CNG filing stations, for creating an awareness about eco-friendly Piped Natural Gas (PNG) and Compressed Natural Gas (CNG). For emphasizing proper and safe usage of natural gas for protection of environment, an Audio-Visual on Gas Safety Awareness was released during this period. Internal quiz competition for the employees and drawing competition on Oil and Gas conservation for school children were other activities which were undertaken for spreading the message of conservation.
Mahanagar Gas Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offering of its equity shares and has filed the Draft Red Herring Prospectus with the Securities and Exchange Board of India (“SEBI”). The Draft Red Herring Prospectus is available on the website of SEBI at www.sebi.gov.in and the website of the Book Running Lead Managers i.e. Kotak Mahindra Capital Company Limited at www.imvestmentbank.kotak.com and the Citigroup Global Markets India Private Limited at www.onlinecitibank.co.in/rhtm/citigroupglobalscreen1.htm. This advertisement is not an offer to sell or a solicitation of any offer to buy securities in the United States or elsewhere. Securities will not be offered or sold in the United States.
For further information, please contact:
Cedric Pal/ Aziz Khan
+91 7718061136/ +91 9869692946