Gujarat Energy Merger & Restructuring
GSPL Transmission Limited approved the allotment of 31.27 crore equity shares to Gujarat Energy Limited shareholders. This follows the approved Composite Scheme of Amalgamation and Arrangement.
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GSPL Transmission Limited approved the allotment of 31.27 crore equity shares to Gujarat Energy Limited shareholders. This follows the approved Composite Scheme of Amalgamation and Arrangement.
Gujarat Gas Limited announced that its Scheme of Arrangement is effective from May 1, 2026. GSPC and GSPL have merged into GGL, while the gas transmission business demerged into GSPL Transmission Limited. GGL will be renamed Gujarat Energy Limited, housing trading, E&P, and wind power businesses.
Gujarat Gas Limited announced that its Composite Scheme of Arrangement became effective on May 1, 2026. The restructuring involves the amalgamation of GSPC, GSPL, and GEL into the company, and the demerger of the Gas Transmission Business into GSPL Transmission Limited.