Intimation for No Objection received from Stock Exchanges for Reclassification of Gujarat State Energy Generation Limited from Promoter to Public.

GEL/SEC/2026/1629 14th October, 2026 BSE Limited, National Stock Exchange of India Ltd, Phiroze Jeejeebhoy Tower, Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street, Mumbai G Block, Bandra Kurla Complex, Bandra (East), Mumbai Company Code: BSE - 539336 Company Code: NSE - GUJENERGY Sub: Disclosure under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) – Receipt of No-Objection Letter from Stock Exchanges for Reclassification from “Promoter” to “Public Shareholder” category Ref.: Regulation 31A(8)(d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) Respected Sir/ Madam, This has reference to our earlier intimations dated 3rd August, 2026, 11th August, 2026 and 13th August, 2026 in connection with the proposed Reclassification of Gujarat State Energy Generation Limited (“GSEG”) from the “Promoter” category to the “Public Shareholder” category. In this regard, we wish to inform you that pursuant to the application submitted by the Company to National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”), the Company has received No-objection Letters from NSE vide its letter no. NSE/LIST/COMP/GUJENERGY/630/2026-2027 dated 13th October, 2026, and from BSE vide its letter no. LIST/COMP/MB/239/2026-27 dated 13th October, 2026, for the reclassification of the following from the “Promoter” to the “Public Shareholder” category: Sr. Name of Promoter Category Pre - Category Post - No. of % of No. seeking Reclassification Reclassification Shares Shareholding Reclassification 1. Gujarat State Energy Promoter Public 13,32,235 0.14% Generation Limited Copies of the No-Objection letters received from BSE and NSE are enclosed for reference. This is for your information and records. Thanking you, For, Gujarat Energy Limited Sandeep Dave Company Secretary GUJARAT ENERGY LIMITED (Erstwhile Gujarat Gas Limited) Corporate Office: Office No. 4 & 5, Ground Floor, IT Tower -2, Infocity, Gandhinagar – 382009 Gujarat Registered Office: Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector- 11, Gandhinagar, Gujarat – 382010 Tel.: +91-79-66701001 Website: https://www.gujarat-energy.com/ , CIN: L40200GJ2012SGC069118 Ref: NSE/LIST/COMP/GUJENERGY/630/2026-2027 Date: October 13, 2026 The Company Secretary Gujarat Energy Limited (the Listed Entity') Gujarat Energy Bhavan Behind Udyog Bhavan, Sector – 11, Gandhinagar, Gujarat - 382010 Subject: No-objection letter for reclassification of Promoter(s) / Promoter Group(s) under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir / Madam, This is in reference to your application dated August 13, 2026, requesting a no-objection letter for the reclassification of promoter group under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Based on the submission made by the Listed Entity, the Exchange grants no-objection letter for the reclassification application dated August 13, 2026, for the following promoter group in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sr. No. Promoter Group 1. Gujarat State Energy Generation Limited You are required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification, in accordance with the applicable provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yours faithfully, for National Stock Exchange of India Limited Ajit Mahadik Senior Manager – Listing Compliance CC: National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Chambers, Marathon Futurex, A-Wing, 3rd Floor, Bandra Kurla Complex, Bandra East, 25th floor, NM Joshi Marg, Mumbai, Maharashtra, 400051 Lower Parel, Mumbai - 400 073 The Power of Vibrance LIST/COMP/MB/239/2026-27 October 13, 2026 The Company Secretary/ Compliance Officer Gujarat Energy Ltd. Gujarat Energy Bhavan, Behind Udyog Bhavan, Sector- 11, Gandhinagar, Gujarat - 382010 Subject: No-objection for reclassification of Promoter(s) under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, This is in reference to your application dated August 13, 2026, requesting no-objection for _t he reclassification of promoter(s) under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201S, i Based on the submission made by the Listed Entity, the Exchange grants no-objection for the reclassification request dated August 13, 2026, for the following promoter(s) in accordance with Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sr.No. Name of Promoter(s) I Promoter(s) Group 1. Gujarat State Energy Generation Limited You are required to ensure compliance with subsequent relevant disclosures of material events related to this reclassification, in accordance with the applicable provisions of Regulation 31A of SEBI (LODR) Regulations, 2015, Yours faithfully, Maria Benny Assistant Vice President Senior Executive Listing Compliance Listing Compliance CC National Securities Depository Limited Central Depository Services Limited 301, G-Block, Plot No. C-32, Naman Chambers, Marathon futurex, A-Wing, 2StI'i Floor, 3rd Floor, Bandra Kurla Complex, NM Joshi Marg, Lower Parel, Mumbai - 400 073 Bandra East, Mumbai -400051 Reclassification of Promoters: Gujarat Energy Ltd, Registered Office: SSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai -400 O~, India. T: +91 22 2272 1234/33 I E: corp.comm@bseindia.com www.bseindia,com I Corporate Identity Number: L67120MH200SPL(155188