Ministry directs shareholder vote for Gujarat Gas restructuring
GUJGASLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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On 10 September 2025, the Ministry of Corporate Affairs directed Gujarat Gas and Gujarat State Petronet to hold shareholder votes on the composite scheme. Meetings for GSPC Energy and GSPL Transmission were waived after 100% shareholder consent. Gujarat Gas is the demerged company and GSPL Transmission is the resulting company. Creditor votes were waived. No exchange ratio or financial terms were disclosed.
Shareholder approval is now required, but completion is not assured. No financial terms or share ratio were disclosed, so stock impact is unclear.