Gujarat Energy Compensates Fractional Entitlement Shareholders

Gujarat Energy Limited has submitted reports from its Audit Committee and Independent Directors, certifying the compensation of shareholders eligible for fractional entitlements. This action follows a Composite Scheme of Amalgamation and Arrangement involving Gujarat State Petroleum Corporation Limited and Gujarat State Petronet Limited. Fractional shares were consolidated, sold by a trustee for ₹26.67 crore, and the net proceeds were distributed to eligible shareholders on August 7, 2026, in compliance with SEBI Master Circular No. SEBI/HO/CFD/POD-2/P/CIR/2023/93.