Demerger of gas transmission business into GTL - Gujarat Gas Ltd

Code BSE: 539336 NSE:

With the Scheme taking effect from 1st May 2026, Gujarat State Petroleum Corporation and Gujarat State Petronet Limited (GSPL) stand merged into GGL while the Gas Transmission Business Undertaking stand demerged into GSPL Transmission Limited (GTL). The Scheme having taken effect from 1st May, 2026, GGL is poised to become a strengthened integrated energy Company housing Gas Trading, Exploration & Production and Wind Power Generation Businesses apart from its current stronghold – the City Gas Distribution business. Given the xpanded scope of GGL’s business in the energy space, the name of GGL will also be changed to Gujarat Energy Limited shortly.