Gujarat Gas Limited announces record date for Scheme of Arrangement

M&A / JV 19 Jun 2026 · Announced· ✓ Verified

Gujarat Gas Limited has notified the NSE that the record date for the purposes of the Scheme of Arrangement is 2 July 2026. A scheme of arrangement in India typically involves a court-sanctioned corporate restructuring-whether a merger, demerger, compromise or arrangement-governed by the Companies Act, 2013 and overseen by the NCLT. The fixation of a record date signals that all regulatory approvals (NCLT, stock exchange, shareholder approval, creditor approval where required) have been obtained and the scheme is moving into the execution phase. Shareholders as of the record date will be the beneficiaries of the arrangement.

Why it mattersRecord-date fixation is a critical procedural gate in scheme implementation; it defines shareholder eligibility for post-scheme benefits and marks the transition from approval to execution phase, with implications for capital structure and dividend parity.
SectorEnergy & Renewables
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