Gujarat Energy Limited has submitted applications to the National Stock Exchange (NSE) and BSE Limited (BSE) on August 13, 2026. The company is seeking approval for the reclassification of Gujarat State Energy Generation Limited (GSEG) from the “Promoter” category to the “Public Shareholder” category. This follows earlier intimations made on August 3 and 11, 2026.
Application for Reclassification
Gujarat Energy Limited has formally applied to both the National Stock Exchange of India Ltd (NSE) and the BSE Limited (BSE) for a significant change in its shareholding structure. The company officially submitted these applications on August 13, 2026.
Nature of the Request
The core of these applications is a request for the reclassification of Gujarat State Energy Generation Limited (GSEG). Currently designated as a “Promoter” of Gujarat Energy Limited, GSEG is seeking to be reclassified as a “Public Shareholder”. This move is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Background and Previous Intimations
This application follows earlier communications from Gujarat Energy Limited. The company had previously informed the exchanges about this proposed reclassification on August 3, 2026, and again on August 11, 2026. The current submission is a crucial step in seeking the necessary no-objection or approval from the stock exchanges for this change in GSEG’s shareholder status.
Source: BSE