Credit Rating- Others

GSPL TRANSMISSION LIMITED Regd. Office: GTL Bhavan, E-18, GIDC Electronics Estate, Nr. K-7 Circle, Sector-26, Gandhinagar - 382028, Gujarat, India Tel : +91-79-23268500/600 Website: www.gspltrans.com Ref: GTL/S&L/2026-27 Date: 19 October, 2026 To To The Manager (Listing) The Manager (Listing) The BSE Limited, The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, "Exchange Plaza", Bandra-Kurla Dalal Street, Mumbai - 400 001 Complex, Bandra (E), Mumbai - 400 051 Scrip Code: 544801 Company Symbol: GSPLTRANS Sub: Disclosure under Regulation 30 of the SEBI (Listins Obligations and Disclosure Requirements) Regulations, 2015 - Withdrawal of rating(s) assigned to the Bank facilities of erstwhile Gujarat State Petronet Limited Dear Sir/ Madam, Please find enclosed herewith the letter received from CARE Ratings Limited for withdrawal of rating(s) assigned to the Bank facilities of erstwhile Gujarat State Petronet Limited attached as Annexure A. You are requested to note that, the Hon'ble Ministry of Corporate Affairs, New Delhi had approved the Composite Scheme of Amalgamation and Arrangement amongst Gujarat State Petroleum Corporation Limited ("GSPC"/ "Transferor Company l"), Gujarat State Petronet Limited (GSPL"/ "Transferor Company 2"/"Company"), GSPC Energy Limited ("GSPC Energy"/ "Transferor Company 3"), Gujarat Energy Limited (formerly known as Gujarat Gas Limited)("GEL"/ "Transferee Company"/ "Demerged Company") and GSPL Transmission Limited ("GTL"/ "Resulting Company") and their respective shareholders under sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and rules made thereunder, that inter-alia, contemplates the following: 1. Amalgamation of GSPC, GSPL and GSPC Energy into GEL and 2. Demerger of Gas Transmission Business Undertaking (as defined under the Scheme) into GSPL Transmission Limited. Kindly take it on your record. Thanking you, Yours faithfully, For GSPL Transmission Limited, Rajeshwari Sharma Company Secretary CIN: U49300GJ2024SGC153672 Care=dge RATINGS No. CARE/ARO/RL/2026-27/5631 Shri Lokesh Agarwal Chief Financial Officer Gujarat State Petronet Limited GSPL Bhavan, E-18, GIDC Electronics Estate Gandhinagar Gujarat 382028 October 19, 2026 Confidential Dear Sir, Withdrawal of rating(s) assigned to the Bank facilities of Gujarat State Petronet Limited The rating of the aforementioned bank facilities of Gujarat State Petronet Limited rated by us is withdrawn with immediate effect as the company cease to exist and has transferred the rated facility to GSPL Transmission Limited. 2. As per our normal procedure, we will be announcing the withdrawal of the rating through a Press Release, a copy of which shall be sent to shortly. Meanwhile, please ensure that the ratings are not used hereafter, for any purpose whatsoever. 3. In case of any future rating requirements, we will be happy to offer our services. If you need any clarification, you are welcome to approach us in this regard. Thanking you, Yours faithfully, Harsh Shah Palak Sahil Vyas Lead Analyst Associate Director shah.harsh@careedge.in palak.gandhi@careedge.in Encl.: As above CARE Ratings Limited 32, Titanium, Prahladnagar Corporate Road, Corporate Office :4th Floor, Godrej Coliseum, Satellite, Ahmedabad - 380015 Somaiya Hospital Road, Off Eastern Express Phone: +91-79-4026 5656 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 1 of 2 Disclaimer This disclaimer pertains to the ratings issued and content published by CARE Ratings Limited (“CareEdge Ratings”). 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Any reproduction, retransmission, modification, derivative works or use or reference to the contents, in whole, in part or in any form, is prohibited except with prior express written consent from CARE Ratings Limited. CARE Ratings Limited 32, Titanium, Prahladnagar Corporate Road, Corporate Office :4th Floor, Godrej Coliseum, Satellite, Ahmedabad - 380015 Somaiya Hospital Road, Off Eastern Express Phone: +91-79-4026 5656 Highway, Sion (E), Mumbai - 400 022 Phone: +91-22-6754 3456 • www.careedge.in CIN-L67190MH1993PLC071691 Page 2 of 2