Gujarat Gas Scheme of Arrangement Effective May 1

Gujarat Gas Limited's Scheme of Arrangement for GSPC Group became effective on May 1, 2026, following MCA sanction on April 17, 2026.
GSPC and GSPL merge into GGL, while GSPL's gas transmission business demerges into new entity GSPL Transmission Limited (GTL).
Share exchange ratios set: GSPC shareholders get 10 GGL shares per 305 held; GSPL shareholders get 10 GGL shares per 13 held.
Post-allotment, Government of Gujarat will hold approx. 38.8% directly and 56% collectively with controlled entities in both GGL and GTL.