Mahanagar Gas Limited

Eastspring Investments entered Mahanagar Gas with 1,036,384 shares, a 1.05% stake worth ₹113.84 crore. Eastspring Investments (Singapore) Limited, part of Prudential plc, increased its stake in Mahanagar Gas to 5.01% with 4,952,134 shares, crossing the 5% disclosure threshold on March 9, 2026.

A city gas distribution company, Mahanagar Gas Limited supplies natural gas to residential, commercial, and industrial consumers across Mumbai and adjoining areas, including Raigad District in Maharashtra. The company operates an extensive pipeline network delivering piped cooking gas and compressed natural gas for vehicles. Operating as a franchisee under India's city gas distribution framework, it serves as a key energy infrastructure provider in western India.

Asian asset management arm of Prudential plc, headquartered in Singapore. Runs multiple India strategies.