Please find enclosed herewith the Newspaper Advertisement published in Financial Express (English) and Financial Express (Gujarati) for the Notice of Meeting of the Equity Shareholders ....
Awaiting price reaction for this filing.
Gujarat State Petronet Ltd (GSPL) has published a newspaper advertisement in Financial Express (English and Gujarati) convening a meeting of its equity shareholders on Friday, 17 October 2025 at 4:00 PM via Video Conference. The meeting, ordered by the Ministry of Corporate Affairs (MCA) on 10 September 2025, will consider a Composite Scheme of Amalgamation and Arrangement involving Gujarat State Petroleum Corporation (GSPC), GSPL, GSPC Energy, Gujarat Gas (as Transferee/Demerged Company), and GSPL Transmission (as Resulting Company). The cut-off date for e-voting eligibility is 10 October 2025, with remote e-voting open from 14 October (9:00 AM) to 16 October (5:00 PM) via CDSL. Approval requires three-fourths majority of equity shareholders by value and majority of public shareholders, after which the scheme will need further MCA approval.
This is a key step toward the proposed corporate restructuring within the GSPC group. Shareholders should review the scheme documents and cast their votes during the e-voting window, as the outcome will determine whether the amalgamation and demerger proceeds. The restructuring could reshape the group's structure, with Gujarat Gas potentially gaining assets while GSPC Energy and parts of GSPC get merged or demerged into new entities.