Gujarat State Petronet Limited (GSPL) held its 27th Annual General Meeting (AGM) on September 23, 2025, approving a dividend of ₹5 per share. Shareholders also approved the appointments of Shri Pankaj Joshi and Shri M. K. Das as Directors and Shri Rishikesha T. Krishnan as an Independent Director. Resolutions regarding financial statements and auditor remuneration were also passed.
AGM Highlights
The 27th Annual General Meeting (AGM) of Gujarat State Petronet Limited was conducted on September 23, 2025, via video conferencing. The meeting addressed key agenda items and resolutions.
Dividend Declaration
The shareholders approved a dividend of ₹5 per share (50%) on 56,42,11,376 equity shares. The dividend will be paid to beneficial owners as of the close of business on September 10, 2025.
Director Appointments
Several key director appointments were approved:
- Shri Pankaj Joshi, IAS, was appointed as a Director.
- Shri M. K. Das, IAS, was appointed as a Director.
- Shri Rishikesha T. Krishnan was appointed as an Independent Director for a term of 5 consecutive years starting September 21, 2024.
- Ms. Arti Kanwar, IAS, was re-appointed as a Director.
Other Resolutions
The AGM also saw the approval of the following:
- Adoption of the audited financial statements for the financial year ending March 31, 2025.
- Authorization for the Board to fix the remuneration of the Statutory Auditors for the financial year 2025-26.
- Ratification of the remuneration payable to M/s R. K. Patel as Cost Auditors for the financial year ending March 31, 2026.
- Appointment of M/s. SPANJ & Associates as Secretarial Auditors for a term of 5 consecutive years.
Source: BSE
