MCA sanctions Gujarat Gas Composite Scheme of Arrangement

Gujarat Gas Ltd (GGL) has announced the receipt of the final order from the Ministry of Corporate Affairs (MCA) sanctioning its Composite Scheme of Arrangement. This scheme involves Gujarat State Petroleum Corporation Limited (GSPC), Gujarat State Petronet Limited (GSPL), GSPC Energy Limited (GEL) as Transferor Companies, Gujarat Gas Limited (GGL) as the Transferee/Demerged Company, and GSPL Transmission Limited (GTL) as the Resulting Company. The arrangement, governed by Sections 230-232 of the Companies Act, 2013, facilitates a significant corporate restructuring for the involved entities. The final order from the MCA was issued on April 8, 2026, and a copy has been uploaded to the company's website.