AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

INDUS GAS LIMITED

Management Reports Mar 7, 2025

7706_bfr_2025-03-07_e82f8cac-3388-484b-a634-bc9c650dd06d.html

Management Reports

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 7194Z

Indus Gas Limited

07 March 2025

7 March 2025

Indus Gas Limited

("Indus" or the "Company")

Corporate and Operational Update

Indus Gas Limited (AIM:IDNI) announces that it is still awaiting the extension to the Production Sharing Contract ("PSC") for Block RJ-ON/6. Additionally, gas sales to GAIL and associated revenue remain low. Granting an extension to the PSC is expected to facilitate a renewed contract with GAIL.

As previously announced, the Company will seek further funding as and when required from sources that may include shareholders.

-ENDS-

For further information please contact:

Indus Gas Limited
Jonathan Keeling +44 (0) 7380 425 886
Strand Hanson Limited (Nominated & Financial Adviser and Broker)
Ritchie Balmer, Rory Murphy +44 (0) 20 7409 3494

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

UPDEAXDKEASSEFA

Talk to a Data Expert

Have a question? We'll get back to you promptly.