Buy Gujarat State Petronet; target of Rs 342: Sharekhan
Sharekhan is bullish on Gujarat State Petronet has recommended buy rating on the stock with a target price of Rs 342 in its research report dated February 14, 2023.08-03-2023
08-03-2023
GUJARAT STATE PETRONET LTD. - 532702 - Announcement under Regulation 30 (LODR)-Change in Directorate
We are pleased to inform that Gujarat State Petroleum Corporation Limited has nominated Shri Raj Kumar, IAS (DIN: 00294527), the Director of Gujarat State Petronet Limited (GSPL) as the Chairman & Managing Director of GSPL. The appointment of Shri Raj Kumar, IAS as Chairman & Managing Director of GSPL, w.e.f 23rd February, 2023 has been approved by the Board of Directors of GSPL on 27th February, 2023. Further, please note that Shri Raj Kumar, IAS is not debarred from holding the office of Director by virtue of any SEBI Order. The brief profile of Shri Raj Kumar, IAS is enclosed herewith. Relationship between the Directors:- None of the existing Directors of GSPL are related to Shri Raj Kumar, IAS. You are requested to take note of above.27-02-2023
Buy Gujarat State Petronet of Rs 350: Emkay Global Financial
Emkay Global Financial is bullish on Gujarat State Petronet has recommended buy rating on the stock with a target price of Rs 350 in its research report dated February 14, 2023.16-02-2023
GUJARAT STATE PETRONET LTD. - 532702 - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
We hereby inform you that the Board of Directors of Gujarat State Petronet Limited (GSPL) at its Meeting held on 13th February, 2023, has approved the additional Equity Contribution of Rs. 88.01 Crores in its Joint Venture company GSPL India Gasnet Limited (GIGL). Presently, GSPL holds 52% in GIGL and would continue to hold 52% after this additional Equity Contribution in GIGL. Hence, there will be no change in terms of percentage of Shareholding by GSPL in GIGL. GIGL is a Subsidiary of GSPL with other Joint Venture Partners being Indian Oil Corporation Limited (26%), Bharat Petroleum Corporation Limited (11%) & Hindustan Petroleum Corporation Limited (11%). GIGL is engaged in the execution /implementation of the Cross - Country Natural Gas Transmission Pipeline Projects namely: Mehsana - Bhatinda Pipeline Project and Bhatinda - Gurdaspur Pipeline Project awarded by Petroleum and Natural Gas Regulatory Board. Kindly take the same on record.14-02-2023
GUJARAT STATE PETRONET LTD. - 532702 - Outcome Of The Board Meeting - Approval Of Un-Audited Financial Results (Standalone & Consolidated) For The Quarter Ended 31St December, 2022.
We inform you that the Board of Directors of the Company at its Meeting held today i.e. 13th February, 2023, has approved the Un-audited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended 31st December, 2022. M/s B P Bang & Co.., Statutory Auditors have carried out a limited review of the said results. The copy of the Un-audited Financial Results (Standalone & Consolidated) along with the limited review reports is enclosed herewith as Annexure - I. Further, the Presentation on the Performance Highlights of the Company is enclosed herewith as Annexure - II for dissemination. The same will also be made available on the website of the Company viz. www.gspcgroup.com. The meeting commenced at 4.30 p.m. and concluded at 5.45 p.m. Kindly take the same on record.13-02-2023
GUJARAT STATE PETRONET LTD. - 532702 - Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you of the change that has taken place in the Company's Board of Directors as mentioned hereunder:- Name of Director Date of Resignation Brief particulars of Change Shri Pankaj Kumar, IAS (Retd.) (DIN: 00267528) 31st January, 2023 Ceased to be Chairman & Managing Director consequent to superannuation as Chief Secretary to Govt. of Gujarat vide GAD Notification No. AIS/35.2023/07/G dt. 25/01/2023 The Company has received the copy of resignation on 1st February, 2023. You are requested to take note of the same.01-02-2023
GUJARAT STATE PETRONET LTD. - 532702 - Announcement under Regulation 30 (LODR)-Resignation of Chairman and Managing Director
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you of the change that has taken place in the Company's Board of Directors as mentioned hereunder:- Name of Director Date of Resignation Brief particulars of Change Shri Pankaj Kumar, IAS (Retd.) (DIN: 00267528) 31st January, 2023 Ceased to be Chairman & Managing Director consequent to superannuation as Chief Secretary to Govt. of Gujarat vide GAD Notification No. AIS/35.2023/07/G dt. 25/01/2023 The Company has received the copy of resignation on 1st February, 2023. You are requested to take note of the same.01-02-2023
GUJARAT STATE PETRONET LTD. - 532702 - Closure of Trading Window
This is to inform you that the Meeting of the Board of Directors of the Company is scheduled on Monday, 13th February, 2023, inter - alia to consider the Un-Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended 31st December, 2022. Further, as informed by us vide letter dated 30th December, 2022, the trading window has already been closed from 1st January, 2023 and will remain closed upto 15th February, 2023 (both days inclusive) pursuant to Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Person(s) of the Company for the purpose of announcement of aforesaid Un-Audited Financial Results. This is for your record and reference.30-01-2023
GUJARAT STATE PETRONET LTD. - 532702 - Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
GUJARAT STATE PETRONET LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2023 ,inter alia, to consider and approve This is to inform you that the Meeting of the Board of Directors of the Company is scheduled on Monday, 13th February, 2023, inter - alia to consider the Un-Audited Financial Results (Standalone & Consolidated) of the Company for the Quarter ended 31st December, 2022. Further, as informed by us vide letter dated 30th December, 2022, the trading window has already been closed from 1st January, 2023 and will remain closed upto 15th February, 2023 (both days inclusive) pursuant to Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Person(s) of the Company for the purpose of announcement of aforesaid Un-Audited Financial Results. This is for your record and reference.30-01-2023
GUJARAT STATE PETRONET LTD. - 532702 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed herewith the Certificate received from KFin Technologies Limited, Registrar & Share Transfer Agent confirming compliance of provisions of Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 31st December, 2022.03-01-2023