Gujarat Gas gets MCA final order for composite scheme of arrangement

Demerger Ratio AnnouncedCore Business DivestedNclt Scheme FiledStrategic Transactions View source PDF

GUJGASLTD · price

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₹364.30

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₹366.15

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AI summary

Gujarat Gas received MCA's final order on April 8, 2026, sanctioning a composite scheme. GSPC, GSPL, and GSPC Energy will merge into GGL, while GGL's gas transmission business will demerge into GSPL Transmission Ltd (GTL). Swap ratios: 10 GGL shares per 305 GSPC shares; 10 GGL per 13 GSPL; 1 GTL share per 3 GGL shares. Effective dates: Apr 1, 2024 (amalgamation) and Apr 1, 2025 (demerger). Promoter: Govt of Gujarat.

Likely market impact

GGL shareholders get 1 GTL share per 3 GGL shares via demerger of gas transmission business; group restructuring under Govt of Gujarat.