GUJRATGAS

Gujarat Gas Company Limited has informed the Exchange regarding a Outcome of Board Meeting of the Company held on April 21, 2014.

Gujarat Gas Company Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on February 24, 2014 have granted its in-principle approval to the proposed consolidation by way of amalgamation of the Company with GSPC Distribution Networks Limited ('GDNL'), GSPC Gas Limited ('GSPC Gas'), Gujarat Gas Financial Services Limited ('GFSL') and Gujarat Gas Trading Company Limited ('GTCL'), viz., the companies involved in City Gas Distribution business by way of proposed amalgamation and has also approved the appointment of following in this regard: (1) KPMG (Indi

Gujarat Gas Company Limited has informed the Exchange that GSPC Distribution Networks Limited ("GDNL") has acquired 94,519,080 (73.70%) equity shares of Gujarat Gas Company Limited as below: (1) Acquired 83,518,750 (65.12%) equity shares of GGCL on June 12, 2013 from BG Asia Pacific Holdings Pte. Ltd ("BGAPH"), as per the Share Purchase Agreement. (2) Acquired 11,000,330 (8.58%) equity shares of GGCL on March 12, 2013 under the Open Offer in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Upon the completion of acquisition of the equity shares of GGCL by GDNL

Gujarat Gas Co. Ltd has informed the Exchange that the Board of Directors of the Company at its meeting held on July 28, 2009, inter alia, has transacted the following businesses : 1) Approved the increase in the remuneration of the Managing Director subject to the approval of the shareholders. 2) Recommended the following resolutions for passing by the members of the Company through Postal Ballot: a) Issue of Bonus shares. b) Increase in the remuneration of the Managing Director. c) Pursuant to the Bonus issue, authorise the adjustments to the underlying Options allotted by the company to the

Gujarat Gas Co. Ltd has informed the Exchange that the Board of Directors of the Company, in its meeting held on February 23, 2006, decided to create, issue and offer for subscription Redeemable Cumulative Non-Convertible Preference Shares (RCNPS) for an amount not exceeding Rs.170,000,000 at par to BG Asia Pacific Holdings Pte. Limited, Singapore on preferential basis. The same is subject to approval of the shareholders at the AGM of the Company scheduled to be held on April 24, 2006.

Gujarat Gas Co. Ltd has informed the Exchange that the BODs of the Company has, in its meeting held on February 23, 2006, taken the following decisions: (1) Commencement of Cogeneration business: GGCL Board has approved commencement of the business of Cogeneration of power ("Cogen"). This would also include acquisition of the present Cogen business of BG India Energy Services Private Limited, by way of transfer of assets and liabilities of business on a slump sale basis. (2) Increase in the authorised share capital: GGCL Board has decided to increase the authorised share capital from Rs.250,00