Gujarat Gas Ltd: Equity Shares Credited Post Scheme of Arrangement
Gujarat Gas Limited (now Gujarat Energy Limited) has announced the credit of equity shares to shareholders of Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat State Petronet Limited (GSPL) as per the sanctioned Composite Scheme of Amalgamation and Arrangement. The scheme became effective on May 1, 2026, with a record date of May 12, 2026. Shareholders of GSPC and GSPL received new equity shares of Gujarat Energy Limited based on specific exchange ratios. Fractional shares were consolidated and will be disposed of by IDBI Trusteeship Services Limited. The new equity shares have been listed and admitted for trading on NSE and BSE since June 18, 2026. KFin Technologies Limited is the RTA for any queries.
Key Highlights
- Equity shares of Gujarat Energy Limited credited to eligible GSPC and GSPL shareholders.
- Scheme of Arrangement effective May 1, 2026; record date May 12, 2026.
- Specific share exchange ratios applied for GSPC and GSPL shareholders.
- Fractional shares consolidated and proceeds to be distributed.
- New equity shares listed on NSE and BSE from June 18, 2026.
Price Impact
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