Gujarat Gas Limited will change its corporate name and trading symbol to Gujarat Energy Limited and GUJENERGY, respectively, effective July 01, 2026. The National Stock Exchange of India (NSE) notified members of the Exchange regarding the update through a circular issued on June 24, 2026.

The rebranding initiative involves a change in both the company's registered name and its identifier on the stock exchange. The transition ensures that the new name and symbol reflect the company's updated corporate identity.

The following table outlines the specific changes taking effect:

The circular, referenced as 1009/2026, confirms that the modifications will be implemented from the stipulated date. Market participants and investors are advised to take note of the new name and symbol for all future transactions and record-keeping purposes.

Gujarat Energy Limited, formerly Gujarat Gas Limited, has credited equity shares to eligible shareholders of Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat State Petronet Limited (GSPL) pursuant to a composite scheme of arrangement. The company allotted 62,27,14,719 equity shares with a face value of ₹2 each to shareholders of the transferor companies. This allotment was approved by the board of directors on May 16, 2026, based on the records of members as on the record date of May 12, 2026.

The scheme, sanctioned by the Ministry of Corporate Affairs (MCA) via an order dated April 8, 2026, and received on April 17, 2026, became effective on May 1, 2026. It involved the amalgamation and arrangement amongst GSPC, GSPL, GSPC Energy Limited, Gujarat Gas Limited , and GSPL Transmission Limited. Consequently, Gujarat Energy Limited acted as the transferee company, receiving shares from the transferor companies based on specific exchange ratios.

The share exchange ratios defined the entitlement for shareholders. For GSPC shareholders, the ratio was set at 10 fully paid-up equity shares of ₹2 each for every 305 fully paid-up equity shares of ₹1 each held in the transferor company. For GSPL shareholders, the ratio was 10 fully paid-up equity shares of ₹2 each for every 13 fully paid-up equity shares of ₹10 each held in the transferor company. The total allotment included 35,20,17,714 equity shares to GSPC shareholders and 27,06,97,005 equity shares to GSPL shareholders.

Regarding fractional shares, the company stated that fractional entitlements were consolidated and credited directly to IDBI Trusteeship Services Limited. This trust will dispose of the fractional shares on the stock exchanges at prevailing market prices and distribute the net sale proceeds pro-rata among the eligible shareholders entitled to such fractional entitlements. This process aligns with the Master Circular on Scheme of Arrangement by Listed Entities and specific clauses within the approved scheme.

The newly allotted equity shares have been listed and admitted for trading on both the National Stock Exchange of India (NSE) and BSE Limited effective June 18, 2026. Shareholders with queries or requiring clarification have been directed to contact KFin Technologies Limited, the registrar and transfer agent of the company.

Share Allotment Details