Gujarat Energy Credit Rating

Gujarat Energy Management Change

Gujarat Energy's Executive Director B. N. Patel, IAS ceased in office effective immediately after transfer. The change affects senior management, with no financial impact disclosed.

Gujarat Energy Business Update

Gujarat Energy paid a record Rs. 324 Crores dividend to the Government of Gujarat for FY 2025-26, marking a major financial milestone for the company.

Value

₹324.0 Cr

Gujarat Energy Promoter Reclassification

Gujarat Energy received NSE and BSE no-objection for reclassifying GSEG from promoter to public category. The move shifts 13,32,235 shares (0.14%) out of the promoter group.

Gujarat Energy Other Announcement

Gujarat Energy Limited received an upgraded ESG rating of 'Crisil ESG 66' from CRISIL for FY 2026. The rating category improved from 'Adequate' to 'Strong' based on independent analysis.

Gujarat Energy Capital Structure Change

ICICI Prudential Mutual Fund sold 1.91 crore Gujarat Energy shares via the open market. Its stake dropped from 5.81% to 3.77%, triggering this SAST disclosure.

Gujarat Energy Annual General Meeting

Gujarat Energy Limited conducted its 14th AGM on September 29, 2026. Shareholders approved financial statements, dividend declaration, and auditor appointments.

GSPL Transmission Credit Rating

CARE Ratings assigned GSPL Transmission a CARE AA+ rating on bank facilities with a stable outlook. The rating cites nil debt and strong liquidity.

Meghmani Organics Credit Rating

India Ratings assigned Meghmani Organics' bank loan facilities of INR 11,000 million a rating of IND A/Stable/IND A1. The filing encloses the rating letter and a facilities breakup.

JSW Cement Credit Rating

CRISIL reaffirmed JSW Cement's long-term rating at AA-/Stable and its short-term ratings at A1+. No new borrowing or fund raise is announced.

Tejas Networks Credit Rating

ICRA reaffirmed Tejas Networks' [ICRA]A+(Stable) long-term rating and [ICRA]A1+ short-term rating. The rating covers Rs.6,000 Crore of credit facilities and a Rs.500 Crore CP programme.

HDB Financial Services Credit Rating

CARE Ratings reaffirmed HDB Financial Services' AAA rating with Stable outlook across its debt instruments. Its A1+ short-term rating was also reaffirmed.

Asian Energy Services Credit Rating

Asian Energy Services Limited disclosed that CRISIL maintained its 'Watch Developing' rating on INR 317.5 Crore of bank facilities. The watch continues pending final Ministry of Petroleum approval for the merger of its parent, Oilmax Energy.