Gujarat Gas board notes MCA sanction of composite scheme, share issue and name change
Gujarat Energy · Gas
Key highlights
- MCA order dated 8th April 2026 sanctioning the Composite Scheme received on 17th April 2026; Effective Date likely on or around Friday, 1st May 2026
- Company to issue 62,27,14,719 equity shares of INR 2/- each: 35,20,17,714 to GSPC and 27,06,97,005 to GSPL shareholders
- Record Date fixed as Tuesday, 12th May 2026 for GSPC and GSPL shareholders; name to change from Gujarat Gas Limited to Gujarat Energy Limited subject to RoC approvals
Why it's rated notable: The filing gives no rupee value for the shares to be issued under the sanctioned scheme, which is an internal group restructuring, so the level stays at medium.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Board Meeting Outcome for Outcome Of Board Meeting And Fixation Of Record Date For The Purpose Of Composite Scheme Of Arrangement.
Read the filing on BSE (PDF) →Companies guiding to strong growth
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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 acquisition / merger filings this fortnight
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Potential multibaggers · Q2 FY27
Potential multibaggers in Gas
on management's own guidance
- GAIL (India)Moderate growth2
- Aegis LogisticsGood growth1
- Petronet LNGModerate growth3
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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.