Gujarat Energy Limited has scheduled its 14th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be held via video conferencing or other audio-visual means at 3:00 pm to discuss the Annual Report for FY25-26.

The company dispatched the Notice of AGM and the Annual Report electronically on September 5, 2026, in compliance with Regulation 34(1) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Shareholders who have not registered their email addresses received physical letters containing the weblink to access the documents.

Meeting Details

The AGM is scheduled for September 29, 2026, at 3:00 pm. The company emphasized that the proceedings will adhere to the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India regarding virtual meetings.

Document Availability

Shareholders can access the Notice of AGM and the Annual Report for FY25-26 through multiple channels:

• Company Website: www.gujarat-energy.com
• CDSL e-Voting Portal: www.evotingindia.com
• Physical Dispatch: Sent to shareholders without registered email IDs on September 5, 2026

Demerger Cost Apportionment Reminder

Separately, the company previously communicated the mechanism for apportioning the cost of acquisition of equity shares following its demerger scheme, which became effective on May 1, 2026. Shareholders are advised to split their pre-demerger costs between Gujarat Energy Limited (GEL) and GSPL Transmission Limited (GTL) based on a specific ratio derived from net worth valuations.

The composite scheme was sanctioned by the Ministry of Corporate Affairs on April 8, 2026. It involves the transfer of the gas transmission business undertaking from GEL to GTL on a going concern basis. Shareholders received equity shares in GTL in the ratio of one fully paid-up share of ₹10 each for every three fully paid-up shares of ₹2 each held in GEL.

Cost Apportionment Mechanism

Shareholders who acquired GEL equity shares prior to the record date of July 2, 2026, must apportion their total cost of acquisition as follows:

This ratio is based on the net worth of GEL and the net assets of the gas transmission business undertaking as of the appointed date, April 1, 2025. The calculation aligns with Section 73 of the Income-Tax Act, 2025.

Tax Implications

Under Section 70(1)(K) of the Income-Tax Act, 2025, the issuance of GTL equity shares pursuant to the scheme is not regarded as a transfer and is therefore not taxable in the hands of shareholders. Furthermore, the date of acquisition for GTL shares is deemed to be the same as the date of acquisition for the original GEL shares.

Illustrative Example

For a shareholder who purchased 900 equity shares of GEL at ₹400 per share prior to the record date, the total cost of acquisition was ₹3,60,000. Following the demerger, this shareholder received 300 shares of GTL. The cost apportionment would be calculated as follows:

• Cost allocated to 900 GEL shares: ₹2,54,376 (70.66% of total cost)
• Cost allocated to 300 GTL shares: ₹1,05,624 (29.34% of total cost)

The company emphasized that this guidance is for general informational purposes only. Shareholders are advised to consult their own tax advisors regarding specific implications under the Income-Tax Act, 2025, including provisions related to capital gains computation.

Gujarat Energy Limited announced that Executive Vice President Yogiraj Navathe has ceased to be senior management personnel following his superannuation. The change in senior management took effect after office hours on August 29, 2026.

The company disclosed the personnel change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sandeep Dave, Company Secretary of Gujarat Energy Limited, confirmed the intimation to stock exchanges.

Management Change Details

The disclosure confirms the departure of a key executive from the senior management team. The details of the change are as follows:

Gujarat Energy Limited filed the intimation with both the BSE and NSE. The company code for BSE is 539336 and for NSE is GUJENERGY. The filing was issued on August 29, 2026.