Corporate Action30 Sept 2026, 07:00 pm
GSPL Transmission shares begin trading post GSPC Group merger
AI Summary
GSPL Transmission Limited (GTL) shares commenced trading on the BSE and NSE on September 30, 2026, marking the final step in the GSPC Group's scheme of arrangement. GTL, which inherited the gas transmission business from Gujarat State Petronet Limited (GSPL), operates a 2900 KMs natural gas pipeline network across 26 districts in Gujarat. The company plans to expand its network by an additional 711 KMs, including the ₹1800 Crores Njjar-Palanpur pipeline project. GTL aims to enhance its gas transportation business and improve transportation tariffs through these expansions.
Key Highlights
- GSPL Transmission Limited shares listed on BSE and NSE on September 30, 2026.
- GTL operates a 2900 KMs gas pipeline network in Gujarat.
- Expansion plans include 711 KMs of new pipelines.
- The Njjar-Palanpur pipeline project is awarded for ₹1800 Crores.
- GTL aims for growth and improved transportation tariffs.
Price Impact