Gujarat Gas Composite Scheme Becomes Effective May 1, 2026
Published on: May 1, 2026, 7:36 p.m. | Source: scanx.trade
Gujarat Gas Limited's composite scheme of arrangement became effective on May 1, 2026, following the filing of e-Form INC-28 with the Registrar of Companies, Ahmedabad. The scheme involves amalgamation of Gujarat State Petroleum Corporation Limited, Gujarat State Petronet Limited, and GSPC Energy Limited with Gujarat Gas, while the Gas Transmission Business Undertaking has been demerged into GSPL Transmission Limited. The company will issue 62.27 crore equity shares to eligible shareholders with record date set for May 12, 2026.
