Gujarat Gas Limited has announced the re-appointment of M/s Ernst & Young LLP (EY) as its internal auditors for the financial year 2026-27. The decision was approved by the Board of Directors in their meeting held on March 12, 2026. EY brings significant expertise to the role, with over 13,200 risk advisory professionals in India and specific experience in the City Gas Distribution (CGD) sector. This move ensures continuity in the company's internal audit and risk management processes using a globally recognized firm.

• Board approved the re-appointment of Ernst & Young LLP as Internal Auditors for FY 2026-27
• EY possesses a large Risk Advisory team in India with over 13,200 professionals and 150+ Oil & Gas experts
• The auditor has deep sector experience with major CGD players like Adani Total Gas, IGL, and MGL
• The appointment is a routine governance measure to ensure robust internal controls

Gujarat Gas Limited has been assigned an ESG (Environmental, Social, and Governance) rating of 71.7 by SES ESG Research Pvt. Ltd. as of March 4, 2026. The rating was conducted independently by the agency using publicly available information, without formal engagement or solicitation by the company. This disclosure follows an automated notification from the BSE regarding the rating submission. Such scores are increasingly relevant for institutional investors who incorporate sustainability metrics into their investment frameworks.

• SES ESG Research assigned an ESG Rating of 71.7 to Gujarat Gas Limited.
• The rating was prepared independently using publicly available information without company engagement.
• The company was notified of the rating via an email from BSE Limited on March 4, 2026.
• The score reflects the company's performance across Environmental, Social, and Governance parameters.

Gujarat Gas Limited has informed the stock exchanges that its trading window for dealing in the company's equity shares will be closed. The closure is scheduled from Wednesday, March 4, 2026, through Saturday, March 14, 2026, covering a period of 11 days. This restriction applies to all designated persons and their immediate relatives in accordance with SEBI Insider Trading Regulations. Such closures are standard procedure and often precede the communication of price-sensitive information or board meetings.

• Trading window closed for 11 days from March 4, 2026, to March 14, 2026
• Applicable to all designated persons and their immediate relatives under the Company's Code of Conduct
• Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015
• Notification issued to both BSE and NSE on March 3, 2026

Gujarat Gas Limited has been assigned an ESG rating of 70, which corresponds to a Grade B and is categorized as Good by CFC Finlease Private Limited. The rating was conducted independently using publicly available information, as the company did not formally engage the agency for this evaluation. This assessment reflects the company's performance across Environmental, Social, and Governance parameters. Such ratings are increasingly relevant for institutional investors who prioritize sustainability and governance in their portfolio selection.

• Assigned an ESG score of 70 out of 100 by CFC Finlease Private Limited.
• Achieved a Grade B classification, which falls under the Good category.
• The rating was unsolicited and based entirely on publicly available data.
• The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

NSE Sustainability Ratings & Analytics Ltd. has assigned Gujarat Gas Limited an ESG Rating of "65 Aspiring" as of February 20, 2026. This rating evaluates the company's performance across Environmental, Social, and Governance parameters based on publicly available data. Notably, the rating was unsolicited, meaning the company did not formally engage the agency for this specific evaluation. This score provides a benchmark for institutional investors who prioritize ESG criteria in their portfolio selection and risk assessment.

• NSE Sustainability Ratings & Analytics Ltd. assigned an ESG Rating of "65 Aspiring" on February 20, 2026.
• The rating was prepared independently using publicly available information without company engagement.
• The assessment covers performance on Environmental, Social, and Governance parameters.
• Gujarat Gas disclosed this under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Gujarat Gas Limited has appointed Shri Ashwini Kumar, IAS, as an Additional Director effective January 27, 2026. Mr. Kumar is a senior IAS officer with over 29 years of experience and currently serves as the Principal Secretary of the Energy & Petrochemicals Department for the Government of Gujarat. As a Promoter-Nominee, his appointment ensures continued alignment between the company and the state government's energy policies. This is a routine board-level appointment for this government-undertaking entity.

• Shri Ashwini Kumar, IAS, appointed as Additional Director effective January 27, 2026
• Brings over 29 years of experience in public administration and policy formulation
• Currently serves as Principal Secretary, Energy & Petrochemicals Department, Government of Gujarat
• Appointed as a Promoter-Nominee representing the Government of Gujarat

Gujarat Gas reported a 20% YoY increase in PAT to ₹266 crore for Q3 FY26, driven by improved EBITDA margins of ₹6.5 per SCM. While industrial volumes declined 10% QoQ to 3.93 MMSCMD due to propane competition in Morbi, the CNG segment grew 11% YoY. The company expects its merger scheme to conclude by April 2026 and has engaged McKinsey for strategic expansion. Management maintains an EBITDA margin guidance of ₹5.5 to ₹6.5 per SCM for the full year.

• PAT grew 20% YoY to ₹266 crore; EBITDA margin per SCM improved to ₹6.5 from ₹5.04.
• Industrial volumes dropped 10% QoQ to 3.93 MMSCMD, impacted by lower propane prices in Morbi.
• CNG volumes rose 11% YoY, supported by a 14% growth in the CNG vehicle base to 16.94 lakh.
• APM gas shortfall increased to 51%, with CNG shortfall at 64% being met by spot and long-term gas.
• Merger completion expected by end of April 2026; FY26 Capex planned at ₹650-700 crore.

Gujarat Gas Limited has submitted a revised Scheme of Amalgamation and Arrangement to comply with directions from the Ministry of Corporate Affairs (MCA). The revisions involve the re-allocation of authorized share capital from Gujarat Gas to GSPL Transmission Limited (GTL) as part of the demerger process. Management has stated that these changes to Clauses 60 and 63 are purely technical and do not affect the rights, interests, or entitlements of shareholders. This update is a procedural step in the larger restructuring of the GSPC group entities, including GSPC, GSPL, and GEL.

• Submission of revised scheme following MCA observations on authorized share capital allocation
• Revisions specifically target Clauses 60 and 63 of the composite scheme of arrangement
• Management confirms no material impact on the scheme's core terms or shareholder entitlements
• The restructuring involves the merger of GSPC, GSPL, and GEL into Gujarat Gas, followed by a demerger

Gujarat Gas Limited has disclosed the audio recording link for its Q3 FY 2025-26 post-results earnings conference call held on January 21, 2026. This filing is a routine regulatory requirement under SEBI (LODR) Regulations, 2015, following the announcement of quarterly financial results. The recording allows investors and analysts to review management's commentary on the company's financial performance and operational outlook. Accessing such recordings is crucial for understanding the nuances of volume growth and margin guidance provided by the leadership.

• Audio recording of the Q3 FY 25-26 earnings call is now publicly available.
• The conference call was conducted on January 21, 2026, at 4:00 p.m. IST.
• The disclosure complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• Recording link is hosted on the official Gujarat Gas website for investor access.

Gujarat Gas Limited has appointed Shri B N Patel, a Gujarat Administrative Service (GAS) officer, as Executive Director effective January 21, 2026. The appointment follows a notification from the Government of Gujarat's General Administration Department dated January 19, 2026. Shri Patel, who holds degrees in Mechanical Engineering and LLB, has extensive administrative experience across 8 districts and various state departments including Revenue and Rural Development. It is important to note that he will serve as a senior management official but will not be a member of the Board of Directors.

• Shri B N Patel appointed as Executive Director (Non-Board Member) effective January 21, 2026
• Appointment is based on Government of Gujarat notification GAS/35.2026/03/G.1
• Appointee is a GAS officer with experience in 8 different districts and multiple government departments
• Educational qualifications include a graduation in Mechanical Engineering and an LLB

Gujarat Gas Limited reported a standalone Net Profit of ₹265.58 crore for the quarter ended December 31, 2025, marking a 19.8% increase compared to ₹221.62 crore in the previous year. This profit growth came despite a 10.8% year-on-year decline in revenue from operations, which stood at ₹3,865.11 crore. The bottom line was supported by a significant reduction in gas purchase costs, which dropped to ₹2,864.97 crore from ₹3,429.50 crore YoY. Investors should also note that the large-scale merger with GSPC and GSPL has received shareholder approval and is awaiting final regulatory sanctions.

• Standalone Net Profit increased 19.8% YoY to ₹265.58 crore in Q3 FY26.
• Revenue from operations declined 10.8% YoY to ₹3,865.11 crore from ₹4,332.51 crore.
• Cost of materials/gas purchases fell significantly to ₹2,864.97 crore compared to ₹3,429.50 crore in the year-ago quarter.
• Earnings Per Share (EPS) improved to ₹3.86 from ₹3.22 YoY.
• The Composite Scheme of Amalgamation with GSPC and GSPL was approved by shareholders on October 17, 2025.