Announced Thu, 27 Aug · 20:06 IST
Distribution of sale proceeds from fractional entitlements under scheme
GUJENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹250.65
prior close
₹251.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2+0.1-0.2-1.2+1.7+4.7+5.5+5.0+3.7-5.0———
Up moveDown movePending
AI summary
Gujarat Energy has distributed sale proceeds from fractional shares under its Composite Scheme of Arrangement. The scheme, effective May 1, 2026, allotted 62.27 crore shares to GSPC and GSPL shareholders at fixed ratios. Fractional shares were sold on July 20, 2026 and net proceeds credited to eligible shareholders on August 7, 2026 after TDS.
Likely market impact
Minor procedural update. Eligible shareholders receive cash for fractional shares from the completed restructuring scheme.