The Hon’ble Ministry of Corporate Affairs (MCA), New Delhi has sanctioned a Composite Scheme of Arrangement involving Gujarat Gas Limited (now known as Gujarat Energy Limited) and GSPL Transmission Limited.
The scheme provides for the demerger of the Gas Transmission Business Undertaking of Gujarat Gas(Energy) Limited into GSPL Transmission Limited, creating a focused transmission business while enabling operational efficiency and business specialization.
Key Scheme Details
Record Date: July 2, 2026
Share Entitlement / Exchange Ratio:
Eligible shareholders of Gujarat Gas(Energy) Limited will receive:
- 1 fully paid-up equity share of ₹10 each of GSPL Transmission Limited
- for every 3 fully paid-up equity shares of ₹2 each held in Gujarat Gas(Energy) Limited.
Trading & Listing Updates
- The equity shares of Gujarat Gas(Energy) Limited will trade on an ex-entitlement basis from July 2, 2026.
- The company’s shares will be shifted from the ‘A’ Group to the ‘T’ Group on BSE from the Record Date.
- The scrip will also participate in the Special Pre-open Session (SPOS) on the Record Date.
- Subject to completion of regulatory formalities, the equity shares of GSPL Transmission Limited will be listed on BSE Limited.
Post-demerger:
The shares of the resulting companies will be credited to eligible shareholders and are expected to be listed after completion of necessary formalities.
Until then, these shares will appear under the unlisted section of your demat account and will become tradable post listing.
Corporate Restructuring Objectives
- Business Separation: Demerger of the Gas Transmission Business into a dedicated transmission company.
- Operational Efficiency: Enables focused management of gas transmission operations.
- Simplified Structure: Creates a clearer corporate structure for the Gujarat Energy Group.
- Shareholder Value: Provides existing shareholders with a direct stake in the newly created transmission business.