Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Gujarat Energy Limited (Erstwhile Gujarat Gas Limited)

Meeting Details

  • Date: Tuesday, 29th September, 2026
  • Time: Commenced at 3:00 P.M. and concluded at 3:56 P.M.
  • Location: Conducted through Video Conference (VC) / Other Audio-Visual Means (OAVM)
  • Type: Annual General Meeting

Meeting Conduct and Attendance

The meeting was chaired by Smt. Avantika Singh Aulakh, IAS, Managing Director, as Shri M K Das, IAS, Chairman could not attend due to unavoidable circumstances. The quorum required under the Companies Act, 2013 was present throughout the meeting. The meeting was conducted in compliance with Circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI).

Voting Process

M/s K K Patel & Associates, Practicing Company Secretaries, were appointed as Scrutinizer to scrutinize the entire E-voting process, including Remote E-voting and E-voting during the AGM. The e-voting facility was kept open for 15 minutes after the conclusion of the AGM to enable members to cast their votes.

Resolutions Considered and Approved

Ordinary Business

1. Adoption of Audited Financial Statements

  • Type: Ordinary Resolution
  • Content: Approval and adoption of Audited Balance Sheet (Standalone & Consolidated) as on 31st March, 2026, Statement of Profit and Loss (Standalone & Consolidated) for the year ended 31st March, 2026, along with notes forming part of the financial statements, Board's Report, Report of Auditors, and Nil Comments of the Comptroller & Auditor General of India in terms of Section 143(6) of the Companies Act, 2013

2. Declaration of Dividend

  • Type: Ordinary Resolution
  • Content: Approval of Dividend for F.Y. 2025-26 of Rs. 8.90 per Equity Share
  • Total Amount: Rs. 835,02,54,556.10 (Rupees Eight Hundred Thirty-Five Crore Two Lacs Fifty-Four Thousand Five Hundred Fifty-Six and Ten Paisa only)
  • Number of Shares: 93,82,30,849 Equity Shares of Rs. 2/- each

3. Re-appointment of Director

  • Type: Ordinary Resolution
  • Director: Dr. T. Natarajan, IAS (DIN: 00396367)
  • Basis: Retires by rotation and being eligible offers himself for re-appointment

4. Authorization for Statutory Auditor Remuneration

  • Type: Ordinary Resolution
  • Content: Authorization to Board of Directors to fix remuneration of Statutory Auditors for Financial Year 2026-27 in terms of Section 142 of Companies Act, 2013

Special Business

5. Ratification of Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Cost Auditor: M/s. Kailash Sankhlecha & Associates, Cost Accountants (Firm Registration No. 100221)
  • Remuneration: Rs. 1,40,000/- (Rupees One Lac Forty Thousand only) plus applicable taxes
  • Additional: Reimbursement of out of pocket expenses incurred during the course of Audit
  • Authorization: Board of Directors authorized to take necessary steps to give effect to the resolution

Compliance Statement

The meeting was conducted in compliance with the Circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India (SEBI) regarding conduct of meetings through VC/OAVM.