GSPL Transmission Limited announced May 12, 2026, as the record date for a composite scheme of arrangement. Gujarat Gas Limited will issue 10 equity shares for every 13 shares held in Gujarat State Petronet Limited. Trading in GSPL shares will be suspended from May 12, 2026, to facilitate the demerger and amalgamation process.
GSPL Transmission Limited announced that the Composite Scheme of Arrangement has become effective on May 1, 2026. Consequently, GSPC, GSPL, and GEL have amalgamated into Gujarat Gas Limited, while the Gas Transmission Business has been demerged into GSPL Transmission Limited. This restructuring consolidates operations and unlocks value for shareholders.
