Record date fixed for share allotment under composite scheme

Nclt Scheme FiledDemerger Ratio AnnouncedStrategic Transactions View source PDF

GUJGASLTD · price

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▲ 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

-4.3%1-day move

₹344.90

prior close

₹343.80

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0-1.4-1.4-1.0-4.3-1.4-13.0-13.6-14.3-16.8-21.0———

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AI summary

Gujarat Energy Limited (formerly Gujarat Gas Limited) has fixed 2nd July 2026 as Record Date 3 for identifying shareholders entitled to equity shares of GSPL Transmission Limited under a composite scheme. The share exchange ratio is 1 GTL share (INR 10 face value) for every 3 GEL shares (INR 2 face value). The scheme, involving GSPC, GSPL, GSPC Energy, GEL and GTL, was sanctioned by MCA on 17th April 2026 and became effective 1st May 2026. GTL shares will be listed on BSE and NSE.

Likely market impact

GEL shareholders on record as of 2 July 2026 will receive 1 GTL share for every 3 GEL shares held; GTL shares to be listed on BSE and NSE.