Gujarat State Petronet Limited Receives ESG Rating of 65 Aspiring from NSE Analytics

1 min read     Updated on 21 Feb 2026, 06:53 PM
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Reviewed by
Ashish TScanX News Team
Overview

Gujarat State Petronet Limited has received an ESG rating of 65 Aspiring from NSE Sustainability Ratings & Analytics Ltd, reflecting its performance on Environmental, Social and Governance parameters. The company clarified that this was an independent assessment conducted using publicly available information, without direct engagement from the company. The rating details have been made accessible through NSE's ESG rating website and the company's official website, with proper regulatory disclosure made to both BSE and NSE under Regulation 30.

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*this image is generated using AI for illustrative purposes only.

Gujarat State Petronet Limited has announced that it has received an ESG rating of 65 Aspiring from NSE Sustainability Ratings & Analytics Ltd. The company informed both BSE Limited and National Stock Exchange of India Limited about this development through a regulatory filing dated February 21, 2026.

ESG Rating Details

The ESG rating reflects the company's performance across Environmental, Social and Governance parameters as evaluated by the rating agency. The company has received a score of 65 under the Aspiring category, indicating its commitment to sustainable business practices.

Rating Parameter Details
ESG Rating 65 Aspiring
Rating Agency NSE Sustainability Ratings & Analytics Ltd
Assessment Basis Environmental, Social and Governance parameters
Evaluation Method Independent assessment using publicly available information

Independent Assessment Process

Gujarat State Petronet Limited clarified that it did not directly engage NSE Sustainability Ratings & Analytics Ltd for the evaluation or issuance of its ESG rating. The assessment was conducted independently by the rating agency using publicly available information about the company's operations and practices.

Information Accessibility

The company has ensured transparency by making the ESG rating information readily accessible to stakeholders through multiple channels:

  • The rating is published on NSE Sustainability Ratings & Analytics Ltd's official website at www.nse-esgrating.com/esg-ratings
  • Complete details are also available on Gujarat State Petronet's corporate website at gspcgroup.com/GSPC/
  • Regulatory filing submitted to both BSE and NSE for official record

Corporate Governance Compliance

The announcement was made under Regulation 30 of the listing regulations, demonstrating the company's commitment to maintaining transparency with investors and regulatory compliance. The filing was digitally signed by Company Secretary Rajeshwari Sharma, ensuring proper authorization and documentation of this corporate disclosure.

This ESG rating provides investors and stakeholders with an independent assessment of Gujarat State Petronet's sustainability practices and governance standards, contributing to enhanced transparency in the company's environmental and social responsibility initiatives.

Historical Stock Returns for Gujarat State Petronet

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%-3.19%-0.69%-2.10%+5.22%+20.79%
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Gujarat State Petronet Limited Appoints Sandeep Kumar as Additional Director

2 min read     Updated on 03 Feb 2026, 08:41 PM
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Reviewed by
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Overview

Gujarat State Petronet Limited has appointed Shri Sandeep Kumar, IAS as Additional Director effective from 28th January, 2026, nominated by Gujarat State Petroleum Corporation Limited. The appointment was formalized through a board resolution on 3rd February, 2026, ensuring full regulatory compliance under SEBI regulations. Kumar brings over 20 years of experience in public administration and energy sector expertise.

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*this image is generated using AI for illustrative purposes only.

Gujarat State Petronet Limited has announced the appointment of Shri Sandeep Kumar, IAS as Additional Director effective 28th January, 2026. The appointment was formalized through a Circular Resolution of the Board of Directors passed on 3rd February, 2026 at 10:30 AM, with the company ensuring compliance with regulatory disclosure requirements under SEBI regulations.

Appointment Details and Regulatory Compliance

The company informed both BSE and NSE about the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Gujarat State Petroleum Corporation Limited nominated Sandeep Kumar for the Additional Director position on the company's board. The company clarified that while the appointment became effective from 28th January, 2026, the board resolution was passed on 3rd February, 2026, which constitutes the date of occurrence of the event for regulatory purposes.

Parameter: Details
Name: Shri Sandeep Kumar, IAS
DIN: 06576903
Position: Additional Director
Effective Date: 28th January, 2026
Board Resolution Date: 3rd February, 2026
Nominated By: Gujarat State Petroleum Corporation Limited

Professional Background and Experience

Sandeep Kumar brings extensive experience in public administration, with over 20 years of service in the All India Services (AIS) cadre. He currently serves as Secretary (Economic Affairs) in the Finance Department of the Government of Gujarat. His career spans multiple government departments, including Agriculture Department, Home Department, and various other departments within the Gujarat government, with key leadership positions in the power sector.

Areas of Expertise

Kumar's professional experience encompasses several key areas that align with the company's business operations:

Expertise Area: Details
Urban Development: District administration experience
Law & Order: Management and administration
Energy Sector: Power distribution and energy management
Land Revenue: Administration and management
Rural Development: Government initiatives and programs

Board Independence and Governance

The appointment maintains board independence standards, with the company confirming that Sandeep Kumar is not related to any existing Director or Key Managerial Personnel (KMP) of Gujarat State Petronet Limited. The company has also confirmed full compliance with regulatory requirements, stating that Kumar is not debarred from holding the office of Director by virtue of any SEBI Order or other regulatory authority.

Compliance Aspect: Status
SEBI Debarment: Not debarred
Relationship with Directors: No relationships
Relationship with KMP: No relationships
Regulatory Clearance: Fully compliant

The appointment strengthens the company's board composition by adding significant administrative and sector-specific experience, particularly in energy and power distribution, which complements Gujarat State Petronet Limited's natural gas infrastructure and distribution business operations.

Historical Stock Returns for Gujarat State Petronet

1 Day5 Days1 Month6 Months1 Year5 Years
+0.03%-3.19%-0.69%-2.10%+5.22%+20.79%
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dislike

More News on Gujarat State Petronet

1 Year Returns:+5.22%