Gujarat State Petronet Limited announces Record Date for share allotment by Gujarat Gas Limited
Gujarat State Petronet · Gas
Key highlights
- Composite Scheme of Amalgamation and Arrangement approved on April 8, 2026, involving GSPC, GSPL, GEL, GGL, and GTL
- Record Date fixed as May 12, 2026, for allotment of equity shares of Gujarat Gas Limited to GSPL shareholders at ratio of 10 shares of ₹2 each for every 13 shares of ₹10 held in GSPL
- Trading in GSPL equity shares to be suspended from May 12, 2026, and shares issued by Gujarat Gas Limited will be listed subject to approvals
Why it's rated notable: The scheme is approved and binding, but the filing states no value for the amalgamation or demerger, so the level stays at medium under the rule for unvalued merger events.
Original filing
Dispatch Of Letter To Shareholders
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Gujarat State Petronet
- Acquisition / mergerNotableGSPL Transmission Limited announces effective date of Composite Scheme of Arrangement
- Acquisition / mergerNotableGujarat State Petronet receives MCA final order sanctioning composite scheme
Other fundraise / allotment filings this fortnight
- IIFL Finance Limited announces preferential issue of shares and amendments on Nov 10, 2026
- IIFL Finance to raise ₹6,414 crore in primary equity infusion led by Blackstone
- Bajaj Finserv subscribes to 5,74,25,740 Bajaj Finance warrants at ₹1,010 each
- 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
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.