GSPL Transmission Shares to List on BSE & NSE from Sep 30
GSPL Transmission Limited's 31,27,43,617 equity shares will list on BSE and NSE from September 30, 2026. This follows a scheme of arrangement approved on April 9, 2026. The appointed date was April 1, 2025, and the effective date was May 1, 2026. Shareholders receive one GTL share for every three Gujarat Energy shares.
The listing of a demerged entity is a significant corporate action that impacts the capital structure and operational focus of the involved companies, affecting shareholders and market perception.
The announcement details the successful listing of shares after a scheme of arrangement, which is a positive development for the company and its shareholders.
Gujarat Energy Limited (formerly Gujarat Gas Limited) has announced the listing and trading approval for GSPL Transmission Limited (GTL) equity shares on BSE and NSE. The shares will be admitted for trading effective September 30, 2026. This follows the composite scheme of amalgamation and arrangement involving Gujarat State Petroleum Corporation Limited, Gujarat State Petronet Limited, GSPC Energy Limited, Gujarat Gas Limited (now Gujarat Energy Limited), and GSPL Transmission Limited.
GTL received the final listing and trading approval from both BSE Limited and National Stock Exchange of India Limited on September 28, 2026. The total number of equity shares of GTL being listed is 31,27,43,617, each with a face value of ₹10. The scheme of arrangement, approved by the Ministry of Corporate Affairs on April 9, 2026, involved the amalgamation of several entities and the demerger of the gas transmission business undertaking of Gujarat Gas Limited into GSPL Transmission Limited. The appointed date for the scheme was April 1, 2025, with an effective date of May 1, 2026, and the allotment date on July 8, 2026.
As per the scheme, for every three fully paid-up equity shares of ₹2 each held in Gujarat Gas Limited, shareholders will receive one fully paid-up equity share of ₹10 each in GSPL Transmission Limited. The paid-up equity capital of GSPL Transmission Limited post-arrangement is ₹312.74 crore, comprising 31,27,43,617 equity shares of ₹10 each.
What to do with a filing like this
GUJARAT ENERGY LIMITED filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by GUJARAT ENERGY LIMITED. Read the original for the full detail.