Gujarat Energy Limited approves allotment of 62.27 crore shares post-scheme
Gujarat Energy · Gas
Key highlights
- On 16 May 2026, Gujarat Energy Limited's Board approved allotment of 62,27,14,719 equity shares of ₹2 each.
- Shares allotted to GSPC shareholders (35,20,17,714 shares) and GSPL shareholders (27,06,97,005 shares) as of 12 May 2026 record date.
- Fractional entitlements consolidated and allotted to IDBI Trusteeship Services Limited for sale and distribution of proceeds among eligible shareholders.
Why it's rated notable: The Board approved a binding allotment of 62,27,14,719 shares under a composite merger and demerger scheme, but the filing states no value for the shares, so the level stays at medium.
Figures checked against the filing by a second AI read. About the business, not the share price.
Original filing
Announcement under Regulation 30 (LODR)-Allotment
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from Gujarat Energy
- Acquisition / mergerNotableGSPL Transmission Limited equity shares listed on BSE and NSE from Sep 30, 2026
- Fundraise / allotmentNotableGSPL Transmission Limited allots 31.27 crore equity shares to Gujarat Energy shareholders
- Fundraise / allotmentNotableGujarat Energy Limited announces record date for share allotment under scheme
- Acquisition / mergerNotableGujarat Energy gets final listing approval for 62,27,14,719 shares; trading from June 18
- Dividend / buyback / bonusMajor developmentGujarat Energy Limited approves FY 2025-26 results, dividend and director re-appointments
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Gas
on management's own guidance
- GAIL (India)Moderate growth2
- Aegis LogisticsGood growth1
- Petronet LNGModerate growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.