Fixation of Record Date 3 as Thursday, 2nd July, 2026 for allotment of Shares by Resulting Company under the Scheme
M&A
● No Immediate Change
LOW RISK
📅 Filed on BSE: 19 Jun 2026, 06:07 PM IST · BSE ID: d144f3ad-eaaa-4a58-8d1b-fef0ceb93f3b
View Original BSE Filing (PDF)
💡
In Simple Terms
A specific date, July 2, 2026, has been set to identify shareholders eligible for shares in GSPL Transmission as part of a merger.
🤖 AI Summary
- Record Date 3 for GSPL Transmission Limited share allotment fixed as Thursday, July 2, 2026.
- Shareholders of Gujarat Energy Limited (erstwhile Gujarat Gas Limited) are to be determined.
- Share exchange ratio: 1 Equity Share of Rs. 10/- each of Resulting Company for every 3 Equity Shares of Rs. 2/- each in Gujarat Energy Limited.
- This allotment is pursuant to the Composite Scheme of Amalgamation and Arrangement, effective May 1, 2026.
- Equity shares allotted by GSPL Transmission Limited will be listed on BSE and NSE, subject to approvals.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Record Date 3
Thursday, 2nd July, 2026
Share Exchange Ratio (Resulting Company shares per Gujarat Energy shares)
1:3
Face Value of Resulting Company Equity Share
Rs. 10/- each
Face Value of Gujarat Energy Limited Equity Share
Rs. 2/- each
👥 What This Means For Shareholders
✅
Action Required
Shareholders of Gujarat Energy Limited are not required to take any immediate action for the allotment process regarding Record Date 3.
👤
Who Is Affected
Shareholders of Gujarat Energy Limited as on July 2, 2026, will be eligible to receive 1 Equity Share of Rs. 10/- each of GSPL Transmission Limited for every 3 Equity Shares of Rs. 2/- each held.
🔍
Management Signal
The announcement indicates management is proceeding with the final stages of the Composite Scheme of Amalgamation and Arrangement, ensuring its full implementation.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Receipt of listing approvals for new GSPL Transmission shares.
Announcement of actual allotment date for GSPL Transmission shares.
Trading commencement of GSPL Transmission shares on exchanges.
LOW RISK
This filing is a procedural update for an effective merger scheme and does not introduce new risks.
💡 Investor Takeaway
Gujarat Energy Limited (erstwhile Gujarat Gas Limited) has fixed Thursday, July 2, 2026, as Record Date 3 for allotting shares in GSPL Transmission Limited. Shareholders will receive 1 Equity Share of Rs. 10/- each of GSPL Transmission for every 3 Equity Shares of Rs. 2/- each held in Gujarat Energy Limited.
📅 Company Track Record
Previous filings indicated the three-way GSPC merger became effective May 1, 2026. Gujarat Gas (now Gujarat Energy) received final listing approval on June 17, 2026, for 622,714,719 Equity Shares issued under the scheme. A prior record date of May 12, 2026, was fixed for issuing 62,27,14,719 equity shares.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the Record Date 3 fixed by GSPL Transmission Limited?
GSPL Transmission Limited, in consultation with Gujarat Energy Limited, has fixed Thursday, July 2, 2026, as Record Date 3.
What is the share exchange ratio for the allotment of GSPL Transmission shares?
Shareholders will receive 1 fully paid-up Equity Share of Rs. 10/- each of GSPL Transmission Limited for every 3 fully paid-up Equity Shares of Rs. 2/- each held in Gujarat Energy Limited.
When did the Composite Scheme of Amalgamation and Arrangement become effective?
The Composite Scheme of Amalgamation and Arrangement became effective on May 1, 2026.
Will the new Equity Shares of GSPL Transmission Limited be listed?
The Equity Shares proposed to be allotted by GSPL Transmission Limited will be listed on BSE Limited and the National Stock Exchange of India Limited, subject to requisite regulatory approvals.
Questions based on this BSE filing only. For information purposes.