Gujarat Gas Limited has informed the Exchange regarding Change in Director(s) of the company.
GUJGASLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gujarat Energy Limited (formerly Gujarat Gas Limited) held its Board Meeting on May 30, 2026, approving audited standalone financial results for Q4 and FY 2025-26. Total income stood at Rs. 24,818.89 Crores vs Rs. 28,317.09 Crores in previous year (restated). Profit after tax from continuing operations was Rs. 2,298.55 Crores vs Rs. 3,481.98 Crores in FY 2024-25 (restated). The Board recommended a final dividend of Rs. 8.90 per equity share (aggregating to Rs. 835.03 Crores), subject to shareholder approval at AGM. Four Independent Directors were reappointed for second terms, including two (Shri Balwant Singh and Dr. Rekha Jain) requiring continuation beyond age 75 years. The company also approved changes in Senior Management Personnel and relocation of registered office to Gujarat Energy Bhavan, Sector-H, Gandhinagar. The company completed a major corporate restructuring with MCA approving the amalgamation of GSPC, GSPL, and GSPC Energy Limited with Gujarat Energy Limited (effective May 1, 2026), and demerger of Gas Transmission Business to GSPL Transmission Limited.
The company posted lower PAT due to demerger impact and reduced revenue; however, the structural changes (amalgamation and demerger) create a cleaner business profile focused on E&P, Gas Trading, Power, and City Gas Distribution. The dividend recommendation signals management confidence. The reappointment of independent directors including those beyond age 75 is routine governance matter.