Adani Total Gas share price surged after the company announced that global lenders have provided funding worth $275 million to the company.

Adani Total Gas shares soared following the announcement of a $375 million financing package from global lenders, marking a significant milestone in the city gas distribution sector aimed at expanding infrastructure across India.

Adani Total Gas Ltd shares surged over 8% as the company secured USD 375 million from international lenders for expanding its City Gas Distribution network. The funding will enhance the firm's capabilities,

India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network. The firm, which is a joint venture between ports-to-power Adani Group and TotalEnergies SA,

Adani Total Gas Ltd, the city gas joint venture of Adani group and French energy giant TotalEnergies, on Friday said it has secured USD 375 million funding from global lenders for expansion of its business.

Adani Total Gas (ATG) has secured maiden financing of USD 375 million from the global lenders, the company said in a media statement on Friday. The ATG entered into an overall financing framework that will enable the company to secure future funding based on its business plan.

India's Adani Total Gas said on Friday it has secured maiden financing worth $375 million, which it would use to expand its city gas distribution network.

Global lenders have provided financing to India’s leading City Gas Distribution (CGD) company, Adani Total Gas Ltd (ATGL). ATGL has entered