Gujarat Gas has commenced a remote e-voting process to seek shareholder approval for special business resolutions. The voting period is open from 09:00 A.M. IST on July 4, 2026, until 5:00 P.M. IST on August 2, 2026. The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the e-voting facility.

The notice was dispatched to members pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Only shareholders whose names appeared in the Register of Members or the list of Beneficial Owners as of the cut-off date, Friday, June 26, 2026, are eligible to vote. The notice has been sent exclusively through electronic mode to those members whose email addresses were registered with the company, its Registrar and Transfer Agent (RTA), or depositories as of the cut-off date.

E-Voting Schedule and Access

The remote e-voting module will be disabled after the conclusion of the voting period on August 2, 2026. Resolutions approved by the requisite majority will be deemed to have been passed on this final date. The results of the postal ballot, along with the Scrutinizer's Report, will be communicated to the stock exchanges within two working days of the e-voting period's conclusion and will be available on the company’s website.

Voting Procedures

Individual shareholders holding securities in demat mode can vote through their depository accounts. Shareholders with CDSL can use the CDSL Easi or Easiest facility, or log in directly using their Demat Account Number and PAN. Those with NSDL can utilize the IDeAS facility or the NSDL e-voting website. Alternatively, shareholders can log in using credentials from their Depository Participants. Shareholders are advised to ensure their mobile numbers and email IDs are updated in their demat accounts to access the facility.

Gujarat Gas Limited, now known as Gujarat Energy Limited, has fixed July 2, 2026 as Record Date 3 to determine the shareholders eligible for the allotment of equity shares in GSPL Transmission Limited. The allotment will be made pursuant to the composite scheme of amalgamation and arrangement involving Gujarat State Petroleum Corporation Limited, Gujarat State Petronet Limited, GSPC Energy Limited, and Gujarat Gas Limited. This development follows the Effective Date of May 1, 2026, and the listing of 62,27,14,719 equity shares on BSE and NSE effective June 18, 2026.

The Board has established a share exchange ratio of 1 fully paid-up equity share of ₹10 each in GSPL Transmission Limited for every 3 fully paid-up equity shares of ₹2 each held by shareholders in Gujarat Energy Limited. The Equity Shares of the Resulting Company are proposed to be listed on BSE Limited and the National Stock Exchange of India Limited, subject to the receipt of requisite regulatory approvals.

The composite scheme was executed under the provisions of Sections 230 to 232 of the Companies Act, 2013. As part of the restructuring, a total of 37,28,73,995 equity shares held by Gujarat State Petronet Limited in Gujarat Energy Limited were cancelled due to cross-holding. The shares allotted to eligible shareholders of GSPC and GSPL are currently trading under the symbol GUJGASLTD on the NSE in the EQ series.

Key Details of the Allotment