Gujarat natural resources Limited has received regulatory approval for a significant corporate restructuring involving its subsidiary companies. The company informed the BSE on January 21, 2026, about the National Company Law Tribunal's approval for its amalgamation scheme.

NCLT Approval Details

The Hon'ble National Company Law Tribunal (NCLT), Ahmedabad, delivered its order on January 20, 2026, approving the Scheme of Amalgamation involving the company's subsidiary entities. The approval covers the amalgamation of two key subsidiary companies under the Gujarat Natural Resources Limited umbrella.

Amalgamation Structure

The scheme involves the amalgamation of GNRL Oil & Gas Limited, which serves as the transferor company, into GNRL Oil & Gas (I) Private Limited, designated as the transferee company. This corporate restructuring will consolidate the operations of the step-down subsidiary into the wholly owned subsidiary entity.

Implementation Timeline

The approved scheme will become effective upon completion of specific regulatory requirements. The company must file the certified copy of the NCLT order with the Registrar of Companies and fulfill other conditions as specified in the scheme document.

Regulatory Compliance

Gujarat Natural Resources Limited has made this disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Managing Director Shalin A. Shah and communicated to the BSE's Department of Corporate Services.

The amalgamation represents a strategic corporate restructuring move that will streamline the company's subsidiary structure in the oil and gas sector.