GSPL Transmission Limited has submitted a clarification to BSE Limited regarding the delayed submission of Proceedings of its 2nd Annual General Meeting (AGM). The company received an email from BSE on October 6, 2026, querying about this delay.
Listing Details
The company received approval from stock exchanges for listing and trading of its equity shares on September 28, 2026. The listing and admission to dealings in the equity shares became effective from September 30, 2026. The company enclosed supporting documents including:
- NSE Letter No. NSE/LIST/206 dated September 28, 2026
- NSE Circular No. 1719/2026 dated September 28, 2026 (Download Ref. No. NSE/CML/76590)
- BSE Letter No. DCS/AMAL/NB/247/2026-27 dated September 28, 2026
- BSE Notice No. 20260928-41 dated September 28, 2026
AGM Proceedings Submission
The 2nd Annual General Meeting of GSPL Transmission Limited was held on September 29, 2026, at 4:00 p.m. through Video Conferencing/Other Audio-Visual Means. The proceedings were prepared and submitted to BSE by email on September 29, 2026, at 8:18 p.m. (on the same day as the AGM).
The company clarifies that login credentials/access credentials for the BSE Listing Portal were provided to the company on September 30, 2026, after the company became listed. Since the company was not listed on September 29, 2026, it was unable to upload/file the proceedings through the BSE Listing portal on that date.
Equity Share Details
The company has 312,743,617 equity shares of ₹10/- each allotted pursuant to Scheme of Arrangement. The symbol is GSPLTRANS, ISIN is INE1TUG01013, market lot is 1, and the shares are currently in Trade-for-Trade segment (Series BE) with plans to shift to Series EQ subsequently.
Scheme of Arrangement Particulars
The Ministry of Corporate Affairs approved the Scheme of Arrangement on April 09, 2026, involving:
- Amalgamation of Gujarat State Petroleum Corporation Limited (GSPC) with Gujarat Gas Limited (GGL)
- Amalgamation of Gujarat State Petronet Limited (GSPL) with Gujarat Gas Limited (GGL)
- Amalgamation of GSPC Energy Limited (GEL) with Gujarat Gas Limited (GGL)
- Demerger of the Gas Transmission Business Undertaking of Gujarat Gas Limited into GSPL Transmission Limited
Share Allocation Terms
The scheme provided for allocation of "01 (One) Fully Paid-Up Equity Share of the Face Value of ₹10/- each of GSPL Transmission Limited for every 03 (Three) Fully Paid-Up Equity Share of the Face Value of ₹2/- each held by such members in Gujarat Gas Limited."
Capital Structure Changes
Prior to the scheme, the paid-up Equity Capital of GSPL Transmission Limited was ₹500,000 consisting of 50,000 equity shares of Face Value of ₹10/- each, which were cancelled pursuant to the Scheme of Demerger.
Post-arrangement, the issued, subscribed and paid-up equity capital of GSPL Transmission Limited is ₹3,12,74,36,170 consisting of 31,27,43,617 equity shares of face Value of ₹10/- each fully paid.
Key Dates
- Appointed Date: April 01, 2025
- Effective date: May 01, 2026
- Date of Allotment: July 08, 2026
- Record date: July 02, 2026 (as fixed by Gujarat Energy Limited)
Registrar and Share Transfer Agent
KFin Technologies Limited, Selenium Building, Tower B, Plot Nos. 31 and 32, Financial District, Nanakramguda, Serilingampally, Rangareddi, Hyderabad, Telangana - 500 032