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Gujarat Energy Receives NSE and BSE Approval for Listing of 62.27 Crore New Shares

Gujarat Energy Limited has received final listing and trading approval from NSE and BSE for 62.27 crore equity shares issued under the Scheme of Amalgamation and Arrangement.
Gujarat Energy Receives NSE and BSE Approval for Listing of 62.27 Crore New Shares
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Gandhinagar, June 17, 2026: Gujarat Energy Limited (formerly Gujarat Gas Limited) has received final listing and trading approvals from the National Stock Exchange (NSE) and BSE for 62.27 crore equity shares issued pursuant to the Composite Scheme of Amalgamation and Arrangement involving Gujarat State Petroleum Corporation (GSPC), Gujarat State Petronet Limited (GSPL), GSPC Energy Limited and GSPL Transmission Limited.

The newly issued 62,27,14,719 equity shares of face value ₹2 each will be listed and admitted to trading on both exchanges from June 18, 2026.

 

Shares Issued Under Merger Scheme

The company had earlier allotted the shares to eligible shareholders of GSPC and GSPL as on the record date of May 12, 2026.

Following the receipt of final approvals on June 17, 2026, the shares will begin trading under the symbol:

  • NSE: GUJGASLTD

  • BSE Code: 539336

 

Cross Holding Shares Cancelled

BSE clarified that 37.28 crore equity shares held by Gujarat State Petronet Limited in Gujarat Energy Limited have been cancelled due to cross-holding arising from the restructuring exercise.

 

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Major Corporate Restructuring

The listing approval forms part of the large-scale Scheme of Amalgamation and Arrangement involving:

  • Gujarat State Petroleum Corporation Limited (GSPC)

  • Gujarat State Petronet Limited (GSPL)

  • GSPC Energy Limited

  • Gujarat Energy Limited (formerly Gujarat Gas Limited)

  • GSPL Transmission Limited

The restructuring aims to streamline operations and strengthen the group's energy business structure.

 

Trading to Commence on June 18

According to separate communications issued by NSE and BSE, all market participants will be allowed to trade in the newly allotted shares with effect from Thursday, June 18, 2026.

The company informed stock exchanges that copies of the final listing and trading approvals have been placed on record for shareholders and investors.

 

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About Gujarat Energy Limited

Gujarat Energy Limited, formerly known as Gujarat Gas Limited, is one of India's leading city gas distribution companies. Following the ongoing restructuring within the Gujarat State Petroleum Corporation group, the company is expanding its role in the integrated energy sector.

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