
Corporate Action19 Jun 2026, 06:10 pm
Gujarat Gas: Record Date Set for GSPL Transmission Share Allotment
AI Summary
Gujarat Energy Limited (formerly Gujarat Gas Limited) has announced Record Date 3 as Thursday, July 2, 2026. This date is crucial for determining shareholders eligible to receive equity shares of GSPL Transmission Limited (the Resulting Company) as per the Composite Scheme of Amalgamation and Arrangement. The share exchange ratio is 1 equity share of GSPL Transmission for every 3 equity shares held in Gujarat Energy Limited. The shares of the Resulting Company are expected to be listed on BSE and NSE, subject to regulatory approvals.
Key Highlights
- Record Date 3 fixed as July 2, 2026, for share allotment.
- Shareholders of Gujarat Energy Limited to receive GSPL Transmission shares.
- Exchange ratio: 1 GSPL Transmission share for 3 Gujarat Energy shares.
- Allotment is part of a Composite Scheme of Amalgamation and Arrangement.
- GSPL Transmission shares to be listed on BSE and NSE post-approval.
Price Impact
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