BSEGujarat State Petronet LtdMinimalNeutral
Announced Fri, 6 Feb · 18:38 IST

Please find enclosed Newspaper Advertisement regarding the date of final hearing fixed before MCA in matter of Scheme of Amalgamation and Arrangement

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Gujarat State Petronet Ltd has informed stock exchanges about newspaper advertisements published on 6 February 2026 in Financial Express (English and Gujarati editions) regarding the final hearing of a major corporate restructuring scheme. The Composite Scheme of Arrangement and Amalgamation involves five entities: Gujarat State Petroleum Corporation Ltd (GSPC), GSPL, GSPC Energy Ltd (GEL) as Transferor Companies, Gujarat Gas Ltd (GGL) as Transferee/Demerged Company, and GSPL Transmission Ltd (GTL) as Resulting Company. The Company Petition was filed on 1 November 2025 under Sections 230-232 of the Companies Act, 2013. The Ministry of Corporate Affairs has scheduled the final hearing for 18 February 2026 at 3:00 PM.

Likely market impact

This is a procedural update confirming the next milestone in a significant corporate restructuring involving multiple Gujarat state gas and energy entities. Investors should watch the 18 February 2026 hearing outcome, as approval would move the amalgamation and demerger scheme closer to completion, potentially reshaping the structure of GSPL and related companies.