GAIL has informed industries in South Gujarat about the restriction in supply of natural gas to non-Core sector in lieu of the supply of Administered Pricing Mechanism (APM) Gas to CGD sector for use of natural gas in domestic households (PNG) and transport sector (CNG) in the larger interest of the people, pursuant to ministry directives.

Considering the requirement of gas to other industries, GAIL has offered to supply equivalent amount of alternate gas so that the production of such industries do not suffer. Some of the affected parties have already availed GAIL's offer to utilize alternative gas in view of the reduced quantity of APM gas. 

The additional gas being supplied to domestic and transport sector will enable the government to reduce subsidy burden on account of LPG and will result in substantial saving in outgo of foreign exchange for import of LPG as well as crude oil.

Shares of the company declined Rs 4.2, or 0.91%, to settle at Rs 458.35. The total volume of shares traded was 62,777 at the BSE (Monday).