Shares of Gujarat Energy Ltd, formerly Gujarat Gas Ltd, are likely to remain in focus after the company received final listing and trading approvals from the National Stock Exchange (NSE) and BSE for 62.27 crore equity shares allotted under its composite amalgamation and arrangement scheme.
According to the company’s stock exchange filing, the approvals were received on June 17, 2026, for 62,27,14,719 equity shares with a face value of ₹2 each that were allotted to eligible shareholders of Gujarat State Petroleum Corporation Ltd (GSPC) and Gujarat State Petronet Ltd (GSPL) as on the record date of May 12, 2026.
The company said the newly allotted shares have been listed and admitted for trading on both exchanges with effect from June 18, 2026.
The share allotment was carried out pursuant to the composite scheme of amalgamation and arrangement involving GSPC, GSPL, GSPC Energy Ltd, Gujarat Energy Ltd and GSPL Transmission Ltd.
The scrip traded flat at ₹397.95 at 12.08 pm on the NSE.
More Like This
Published on June 18, 2026
