Key Quantitative Figures
- Share exchange ratio: 1 (One) fully paid Equity Share of GSPL Transmission Limited (face value INR 10) for every 3 (Three) fully paid Equity Shares of Gujarat Energy Limited (face value INR 2)
- Record Date: Thursday, 2nd July, 2026
Dates of Action
- Scheme sanction date: 17th April, 2026 (by Ministry of Corporate Affairs)
- Scheme effective date: 1st May, 2026
- Record Date 3 fixation: 25th June, 2026 (communication date)
- Record Date 3: 2nd July, 2026
Parties Involved
- Gujarat State Petroleum Corporation Limited (GSPC/Transferor Company 1)
- Gujarat State Petronet Limited (GSPL/Transferor Company 2)
- GSPC Energy Limited (GSPC Energy/Transferor Company 3)
- Gujarat Energy Limited (GEL/Transferee Company/Demerged Company)
- GSPL Transmission Limited (GTL/Resulting Company)
- BSE Limited and National Stock Exchange of India Limited (listing exchanges)
- Ministry of Corporate Affairs (sanctioning authority)
Capital Structure Impact
Shareholders whose names appear in the Register of Members and/or records of the Depositories of Gujarat Energy Limited as on 2nd July, 2026 will be allotted Equity Shares of GSPL Transmission Limited according to the prescribed share exchange ratio.
Listing Status
The Equity Shares proposed to be allotted by GSPL Transmission Limited pursuant to the Scheme shall be listed on BSE Limited and the National Stock Exchange of India Limited, subject to receipt of requisite regulatory approvals.
Additional Information
The Company will disclose all material updates/developments to Stock Exchanges and shareholders in connection with the Scheme of Arrangement in accordance with applicable regulatory requirements.