General Updates

Gujarat Gas Limited (now Gujarat Energy Limited) has intimated the exchanges regarding a key step in its ongoing Composite Scheme of Amalgamation and Arrangement. The announcement specifically concerns the intimation of a Record Date 3 by GSPL Transmission Limited, designated as the Resulting Company in this complex restructuring. This comprehensive scheme involves the amalgamation and arrangement of multiple Gujarat State Petroleum Corporation group entities, including GSPC, GSPL, GSPC Energy, and Gujarat Gas Limited itself. While the specific date for Record Date 3 is not detailed in this excerpt, its fixation is vital for determining the eligibility of shareholders for benefits or shares stemming from the corporate reorganization. Investors should closely follow subsequent announcements for the definitive record date and its potential impact on their investments across the involved companies.