Gujarat Gas Limited: Record Date for Scheme of Arrangement set at 2 July 2026

M&A / JV 19 Jun 2026 · In regulatory review· ✓ Verified

Gujarat Gas Limited, a BSE/NSE-listed entity in the gas distribution and petrochemical sector, has formally informed the exchanges of a scheme record date of 2 July 2026. Under the Companies Act 2013, record date in a scheme context establishes the shareholder register cut-off for entitlement to merger consideration, share allotment or cash relief. The NSE notification does not disclose the counterparty, scheme valuation, consideration structure or merger ratio. These terms are contained in the NCLT-sanctioned scheme document filed under s. 230–232, Companies Act 2013. Setting a record date confirms NCLT sanction, stock exchange listing approval, and (if applicable) CCI clearance have been…

Why it mattersRecord date notification evidences NCLT sanction completion and readiness for share/cash allotment mechanics; counsel must verify scheme document sanctioning order, CCI approval (if reportable), and stock exchange delisting/listing conditions precedent are satisfied before record date.
Counsel—
SectorEnergy & Renewables
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