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.

Gujarat Natural Resources has announced that its board of directors has postponed the decision on a proposed stock split. The delay comes without any specified timeline for when the board will reconvene to address this corporate action.

Corporate Action Under Review

The proposed stock split remains under consideration by the company's board, though no details have been provided regarding the specific split ratio or the reasons behind the delay. Stock splits are corporate actions that increase the number of shares outstanding while proportionally reducing the share price, making shares more accessible to retail investors without affecting the company's overall market value.

Market Implications

The postponement of the stock split decision leaves shareholders waiting for clarity on this potential corporate restructuring. Companies typically announce stock splits to improve liquidity and make shares more affordable for smaller investors, though the timing and execution of such decisions remain at the discretion of the board of directors.

Gujarat Natural Resources operates in the crude oil and natural gas sector and falls under the small-cap category. Further updates on the stock split proposal are expected to be communicated once the board reaches a final decision on the matter.

Investors and market observers will need to await further announcements from Gujarat Natural Resources regarding the proposed stock split, as no timeline has been provided for the final resolution on this corporate action.