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Energy Limited (erstwhile Gujarat Gas Limited)Main BoardEquity2025-04-012026-03-312026-05-302026-05-26INRCroresQuarterlyFourth quarterMulti segment2026-05-3012:50:002026-05-3014:35:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-05-14https://www.gujarat-energy.com//resources/downloads/policy-on-materiality-of-related-party-transactions-w-e-f-14th-may-2026falsefalseNot Applicable as the Company doesnt have any outstanding loans and debt securities as on March <BR> 31,2026.2026-01-012026-03-31AuditedStandalone59756300000160500000061361300000523569000000-75658000008404000009530000014439000006300100000534708000007890500000-6298000007260700000-45700000210060000020549000000520580000000005205800000-1771000005028700000187640000025.555.55005.555.55Equity share capital includes given <BR> <BR> 1. Equity share capital Rs. 63.10 Crores <BR> 2. Equity share capital pending issuance Rs. 124.54 Crores <BR> <BR> Notes to Standalone Financial Result <BR> 1 The aforesaid financial results of Gujarat Energy Limited GEL or the Company for the quarter and year ended on 31st March 2026 were reviewed and recommended by the Audit Committee and approved by the Board of Directors at its meeting held on 30th May, 2026 at Gandhinagar, Gujarat. <BR> 2 These financial results have been prepared in accordance with the Indian Accounting Standards Ind AS notified under section 133 of the Companies Act, 2013, read together with the Companies Indian Accounting Standards Ind AS Rules issued thereafter and the provisions of the Companies Act 2013, as applicable and guidelines issued by the Securities and Exchange Board of India SEBI and other recognised accounting principles and policies generally accepted in India. <BR> These financial results are presented in accordance with the requirements of Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 read with other relevant rules and circulars issued thereunder. <BR> <BR> The Statutory Auditors of the Company have expressed an unmodified opinion in their audit report. <BR> 3 The Honble Ministry of Corporate Affairs, New Delhi Honble MCA vide final order dated 8th April 2026 Order or Honble MCA Order received by the Company on 17th April, 2026 sanctioned the Composite Scheme of Amalgamation and Arrangement the Scheme, as approved by the Board of Directors of the Company at its meeting held on 30th August 2024, among Gujarat State Petroleum Corporation Limited GSPC Transferor Company 1, Gujarat State Petronet Limited GSPL Transferor Company 2, GSPC Energy Limited GEL Transferor Company 3, Gujarat Energy Limited formerly known as Gujarat Gas Limited CompanyGGLTransferee CompanyDemerged Company and GSPL Transmission Limited GTLResulting Company and their respective Shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and rules made thereunder the Scheme. The Scheme inter alia provides for i amalgamation of GSPC, GSPL and GEL with GGL with appointed date as 1st April, 2024 and ii post amalgamation, demerger of Gas Transmission Business Undertaking GTBU into GTL with appointed date as 1st April, 2025. <BR> <BR> The Effective Date of the Scheme is 1st May 2026 i.e. the date of filing of certified copy of aforesaid Honble MCA Order, along with a copy of the Scheme, with the Registrar of Companies, Ahmedabad. <BR> <BR> As per the Scheme of Amalgamation and Arrangement, the Companys name is changed from Gujarat Gas Limited formerly known as GSPC Distribution Networks LimitedGDNL to Gujarat Energy Limited Gujarat Energy from 14th May, 2026 on receipt of approval from Registrar of Companies RoC. <BR> <BR> The amalgamation, being common control business combination, is accounted using pooling of interest method as prescribed in Appendix C ‘Business combinations of entities under common control’ of Ind AS 103 Business Combination in the standalone financial results for the quarter and year ended 31 March 2026 and the comparative financial information for the quarter and year ended 31 March 2025, presented have been restated with effect from first day of earlier period presented i.e. 1st April 2024. The Company has recorded all the asset, liabilities and reserves, as appeared in the books of all the Transferor Companies GSPC, GSPL and GEL, at their respective carrying amounts book value as appearing in the books of the Transferor Companies. All inter company balances including value of investments have been cancelled. <BR> Pursuant to the Scheme, 62,27,14,719 equity shares of Rs 2 each shall be issued at face value to the shareholders of Transferor Companies for transfer of the assets and liabilities as on the appointed date. The Board of Directors of Gujarat Energy Limited, on 16th May, 2026, have approved the allotment of 62,27,14,719 Equity Shares of Rs 2 each of the Company to the shareholders of GSPC Transferor Company 1 i.e. 35,20,17,714 Equity Shares and GSPL Transferor Company 2 i.e. 27,06,97,005 Equity Shares whose names were recorded in the Register of Members as on the Record Date i.e. 12th May, 2026. <BR> <BR> Considering the above, the Company has recognised capital reserve on business combination in Other Equity. The resultant difference amounting to Rs. 2,427.68 Crores between the book value of assets, liabilities and reserves takenover as on the appointed date and new shares to be issued to the shareholders of the the Transferor Companies is transferred debited to Capital Reserve on Business Combination in accordance with the Scheme and Ind AS 103 Business Combination. <BR> Consequent to the amalgamation of the Transferor Companies with the Company with effect from appointed date 1st April 2024 pursuant to the Scheme, the current tax and deferred tax expenses for year ended 31st March 2025 as recognised in the books by the Company and Transferor Companies have been reassessed based on the special purpose financial statement of the Company for the year ended 31 March 2025, to give effect mainly on account of utilisation of carry forward tax losses and unabsorbed depreciation under the Income tax Act, 1961. Accordingly, tax expenses for the year ended 31 March 2025 of the Company include onetime deferred tax credit of Rs 2,011.22 Crores and reversal of current tax provision of Rs 724.49 Crores mainly on account of utilisation of carried forward business losses unabsorbed depreciation respectively. <BR> 4 Furtherance to Note 3, the Scheme, interalia, provided for demerger, transfer and vesting of the Gas Transmission Business Undertaking GTBU from the Company into the Resulting company i.e. GSPL Transmission Limited GTL on a going concern basis. As a result, the shareholders of the Company shall be entitled to 1 One equity shares of Resulting Company GTL of Rs 10 each fully paid up for every 3 Three equity shares of the Company GGL of Rs 2 each fully paid up. The demerger appointed date as per the Scheme is 1st April 2025 Demerger Appointed Date. <BR> As per the Scheme, as on Demerger Appointed Date, the Company has transferred assets, liabilities and reserves pertaining to GTBU to Resulting Company at their respective book values and hence, the Company derecognised the carrying value of the assets, liabilities and reserves pertaining to GTBU as on Demerger Appointed Date i.e. 1 April 2025. The resulting difference amounting to Rs 6,399.98 Crores arising between the carrying value of assets, liabilities and reserves is recognised in the retained earnings of the Company as set out in the Scheme. Accordingly, in the standalone financial results for the year ended 31 March 2025, the Company has considered and reported GTBU as a discontinued operations in the Statement of Profit and Loss. <BR> 5 The Company operates in the business of Exploration and production of Oil and Gas EandP, Gas trading, Gas Transmission, Power generation and City Gas Distribution and the same are reportable business segments as per Ind AS 108 Segment Reporting. Further, the Gas Transmission Business undertaking is demerged to GSPL Transmission Limited pursuant to Scheme of Arrangement with effect from 1 April 2025 Refer Note 3. <BR> 6 The Financial Statements of the joint operations unincorporated joint ventures are prepared in accordance with the requirements prescribed by the respective Production Sharing Contracts or Joint Operating Agreement of the joint operations unincorporated joint ventures. In view of the same, certain adjustmentsdisclosures required under the mandatory Indian Accounting Standards and the provisions of the Companies Act, 2013 have been made in the Standalone Financial Results to the extent information available with the Company pertaining to erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC as on the date. <BR> 7 The Company erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC has issued forfeiture notice issued by the Company pertaining to erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC to Jubilant Offshore Drilling Pvt Ltd JODPL against the capital contribution of Rs 494.81 crore made on behalf of JODPL in KGOSN20013 until 4th August, 2017. Based on the relevant clauses of the ProfitSharing Contract PSC and Joint Operating Agreement JOA, it is reasonably expected by the Management that the forfeiture notice will be enforced and the Gujarat Energy Ltd. pertaining to erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC will be assigned a commensurate Participating Interest PI against the capital contribution. Further, both JOA and PSC provide that such contractual rights of erstwhile GSPC have primacy over the right of other lenders of JODPL. JODPL has filed for CIRP and basis the same, NCLT had passed the order for liquidation. In January 2018, the Company intimated to the Liquidator that the entire PI of JODPL cannot form part of liquidation estate of JODPL in the light of superior contractual rights having already been exercised by the Company. While, in June 2019, Liquidator had challenged the Company’s letter of forfeiture of JODPL’s PI, NCLT has dismissed such challenge of the Liquidator. The Liquidator has preferred an appeal before NCLAT against Order of NCLT. Additionally, the assignment of JODPLs PI is pending with the Management Committee MC of the Government of India and as the nondefaulting partner with a 10 PI in the block, the Company will be required to contribute against the cash call receivables from JODPL in future as well, as per the terms of the JOA. <BR> JODPL has also defaulted on cash calls raised by Oil and Natural Gas Corporation Ltd. ONGC after August 4, 2017. As per the JOA, the Company being the nondefaulting partner is required to contribute to the defaulted cash calls of JODPL. Such contribution made by GSPC on behalf of JODPL is secured by various provisions of the JOA and PSC for the KG Block which provide that GSPC has right of lien as well as forfeiture over JODPL’s share of revenues and PI. <BR> The Company had decided to provide for the entire amount of cash calls of Rs 527.00 Crores receivable from Ms Jubilant Offshore Drilling Pvt. Ltd. JODPL as their is no future certainty of any receipt from the same. Accordingly, the Company has provided for Rs 524.88 crores considering the impairment carried out with respect to the Company’s own share of the KG Block assets during the previous financial year 202425 and have further provided Rs 2.12 Crores being the cash calls paid on behalf of JODPL during the current financial year 202526. <BR> 8 The Company has disclosed the following major items of contingent liabilities as on 31st March 2026 <BR> 1 Disputed Income Tax demandsclaims by the Income Tax Authority amounting to Rs 1688.66 Crores as on 31st March 2026 and <BR> 2 In relation to a Request for Proposal for Supply of Natural Gas from its RJON901 Field for the period of April 1 2023 to March 31, 2024, Vedanta Limited had provisionally allocated certain quantities of natural gas to the Company erstwhile Gujarat State Petroleum Corporation Limited in response to bids submitted by the Company erstwhile Gujarat State Petroleum Corporation Limited. While the RFP required execution of a definitive Gas Sales Agreement, the Company erstwhile Gujarat State Petroleum Corporation Limited has not executed the definitive GSA. The Company erstwhile Gujarat State Petroleum Corporation Limited has also denied any obligation to offtake gas pursuant to the RFPDraft GSA. Vedanta Limited invoked Arbitration Proceedings against the Company erstwhile Gujarat State Petroleum Corporation Limited in August 2023 in response to which the Company erstwhile Gujarat State Petroleum Corporation Limited has disputed existence of Arbitration Agreement between the Parties. The matter is pending before Delhi HC on the issue of appointment of a substitute arbitrator on behalf of the Company erstwhile Gujarat State Petroleum Corporation Limited. As per statement made by Vedanta before Supreme Court in an SLP filed by it, Vedanta has averred claims of over Rs 1200 Crores against the Company erstwhile Gujarat State Petroleum Corporation Limited in arbitration proceedings which are yet to be commenced. The Company erstwhile Gujarat State Petroleum Corporation Limited has denied the claims as well as existence of arbitration agreement itself. <BR> 9 The Government has notified the Code on Social Security, 2020 Social Security Code the Occupational Safety, Health and Working Conditions Code, 2020 the Industrial Relations Code, 2020 and the Code on Wages, 2019 collectively, the Labour Codes on 21 November 2025. The corresponding supporting rules Central Rules under these codes have been notified by Central Government w.e.f. 8 May 2026. However, State Rules in this regard are yet to be notified. Based on available information and its best judgment in consultation with external experts and in consistent with the guidance provided by ICAI, the Company has evaluated the impact of new labour code on obligation of employee benefits and accordingly, Rs. 19.06 Crores has been recognised as expenses in the financial statements of the Company for the year ended on 31st March 2026. <BR> Further, the Company continues to monitor the finalisation of State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect based on such developments as needed. <BR> 10 The details of major items reported as exceptional items in statement of profit and loss includes <BR> A. In Financial Year 202526 <BR> i Rs 50 Crores pertains to stamp duty charges payable to stamp authorities with regards to the Amalgamation and Arrangement among Gujarat State Petroleum Corporation Limited GSPC Transferor Company 1, Gujarat State Petronet Limited GSPL Transferor Company 2, GSPC Energy Limited GEL Transferor Company 3, Gujarat Gas Limited CompanyGGLTransferee Company Demerged Company and GSPL Transmission Limited GTLResulting Company. <BR> ii The Company has made necessary provisions amounting to Rs 11.78 Crores netted off PY Rs Nil with respect to royalty and interest thereon in the Non operated BlockFields where the company is having a participating interest. <BR> B. In Financial Year 202425 <BR> i the impairment charge of Rs 328.24 crore recognized during the year 202425 in respect of the Company’s pertaining to erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC Exploration and Production EandP fields. <BR> ii the impairment charge of Rs 524.88 crores recognized during the year 202425 in respect of the Company’s pertaining to erstwhile Gujarat State Petroleum Corporation Limited and erstwhile GSPC cash calls receivable from E and P Assets. <BR> 11 The figures for quarter ended 31st March 2026 and 31st March 2025 are the balancing figures between the audited figures in respect of the full financial year ended 31st March 2026 and 31st March 2025 and the published unaudited yeartodate figures up to the third quarter of the respective financial years, which have been restated pursuant to the approval of the Hon’ble MCA of the Scheme of Amalgamation and Arrangement. <BR> 12 The Board of Directors have recommended a dividend of Rs 8.90 per Equity Share of face value of Rs 2 each aggregating to Rs 835.03 Crores for the year ended 31st March 2026 subject to approval of shareholders at the ensuing Annual General Meeting. <BR> 13 The comparison between previously reported results by the Company before giving the impact of the Scheme amalgamation merger and the restated numbers after giving the impact of the Scheme amalgamation merger for the quarter year end presented are as under <BR> Rs in Crores <BR> Sr. No. Particulars Quarter ended Year ended <BR> 31 December 2025 31 March 2025 31 March 2025 <BR> Reported Restated Reported Restated Reported Restated <BR> a Total Income 3,919.71 6,258.10 4,363.33 6,764.46 17,394.94 28,317.09 <BR> b Total Expenses 3,561.73 5,335.09 3,975.49 6,106.54 15,848.34 25,222.54 <BR> c Profit Before Tax 357.98 919.77 387.84 97.15 1,546.60 2,232.24 <BR> d Tax Expenses 92.40 227.60 100.66 52.26 401.09 1,249.74 <BR> e Profit After Tax 265.58 692.17 287.18 44.89 1,145.51 3,481.98 <BR> f Profit from Discontinued Operations net of Tax 103.24 722.04 <BR> g Total Comprehensive Income after tax 267.91 691.66 291.65 122.21 1,154.02 4,183.06 <BR> h Earning Per Share 3.86 7.38 4.17 0.48 16.64 37.11 <BR> i Share Capital including pending for issuance 137.68 187.64 <BR> j Other Equity 8,315.97 23,052.00 <BR> 2025-04-012026-03-31AuditedStandalone24198000000062089000002481889000001913009000000-5477200000244540000038240000057901000002219860000021664020000031548700000-66220000030886500000-4580000079468000007901000000022985500000000022985500000-162800000228227000001876400000218329490000024.524.50024.524.5Production expenditure215700000Excise duty expense2105500000Other expenses3978900000Production expenditure724800000Excise duty expense8102900000Other expenses133709000008227560000082913000001261000000564110000014230000000227510000000423000001375300000241686000001642900000157605000001380484000009901300000016856300000856110000021363000002820000055095300000826772000003089100000956676000002489000000233964900000187640000018329490000018517130000018517130000000001309900000130990000012803000000075390000033441000000925200000155069000001643210000024578400000410105000003984700000454300000454495000000048793600000233964900000Equity share capital includes given <BR> <BR> 1. Equity share capital Rs. 63.10 Crores <BR> 2. Equity share capital pending issuance Rs. 124.54 Crores <BR> <BR> <BR> ROU assets is included in PPEOther financial assets1375300000Non - current tax assets (net)10376200000Other non-current assets5384300000Others Financial Assets55095300000Other current assets3089100000Lease Liabilities1309900000Other non-current liabilities753900000Lease Liabilities395100000Other Financial Liabilities24183300000Other current liabilities3984700000E and P240300000Gas Trading39789600000Power121900000Gas Transmission0City Gas Distribution40665500000Unallocated0E and P929300000Gas Trading161008500000Power707400000Gas Transmission0City Gas Distribution159760000000Unallocated080817300000322405200000210610000008042520000059756300000241980000000E and P-142000000Gas Trading4087500000Power67700000Gas Transmission0City Gas Distribution3257100000Unallocated0E and P-313300000Gas Trading13346100000Power347500000Gas Transmission0City Gas Distribution13982900000Unallocated07270300000273632000009000002820000020636000004349500000520580000022985500000E and P5752500000Gas Trading20562800000Power1017400000Gas Transmission0City Gas Distribution107050600000Unallocated013438330000099581600000233964900000E and P3221800000Gas Trading12191900000Power862500000Gas Transmission0City Gas Distribution30862100000Unallocated047138300000165530000048793600000The above segment information is provided on combine basis for continued and discontinued operations. Refer note 4 for demerger of Gas Transmission business <BR> <BR> E and P Exploration and production- Oil and gas382400000-544500000051638000000-277500000792900000-800400000-11493100000024494000000802000007956000005790100000021790000010940000039855000000004284500000000-7680000000-1192000000-342050000027466000000000339160000002407440000000000000390000082590000000000000000000000085090000041106000000-16251600000-195452000000000000000441000000183630000040400000000-268130000018479000000184790000067132000008561100000Changes in Fair Value of FVOCI Equity Instrument-273700000Remeasurements of Post - Employment Benefit Obligation21500000-252200000Changes in Fair Value of FVOCI Equity Instrument-361700000Remeasurements of Post - Employment Benefit Obligation74500000-287200000-75100000-12440000000-177100000-162800000Gujarat Energy Limited******Sabarmati Gas Limited******AssociatePurchase of goods or services15000000Approved490000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******Sabarmati Gas Limited******AssociateSale of goods or services15000000Approved260000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociatePurchase of goods or services60000000Approved2600000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionReimbursement Income5200000Approved1000002026-05-25120000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateSale of goods or services1000000Approved000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateSale of goods or services9000000000Approved384620000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionBrokerage Income30000000Approved580000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateDividend received360000000Approved35950000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionAmount Receivable- PayableApproved090400000301200000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionDividend receivableApproved03595000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateInvestmentApproved024295000002429500000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionBank Guarantee - by GEL to SGLApproved020000002000000Gujarat Energy Limited******Sabarmati Gas Limited******AssociateAny other transactionBank Guarantee - by SGL TO GELApproved0515800000419100000Gujarat Energy Limited******Guj Info Petro Limited******SubsidiaryPurchase of goods or services129700000Approved1490000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******Guj Info Petro Limited******SubsidiaryAny other transactionReimbursement of Income18600000Approved57000002026-05-25410000000Gujarat Energy Limited******Guj Info Petro Limited******SubsidiaryAny other transactionRent Received6500000Approved11000002026-05-25390000000Gujarat Energy Limited******Guj Info Petro Limited******SubsidiaryAny other transactionAmount ReceivableApproved062000001200000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******Guj Info Petro Limited******SubsidiaryInvestmentApproved0500000500000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionReimbursement of Income5100000Approved16000002026-05-25180000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiarySale of goods or services1000000Approved10000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionRent Received2700000Approved5000002026-05-25160000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiarySale of goods or services250000000Approved3130000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiarySale of goods or services3000000000Approved50170000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionInterest Received70000000Approved530000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionRepaymet received928200000Approved92820000000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryInvestment928200000Approved92820000000Investment made during the yearGujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionAmount ReceivableApproved0107500000700000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionInvestment at Period endApproved035043000004432500000Gujarat Energy Limited******Gujarat State Energy Generation Limited******SubsidiaryAny other transactionDeposits LiabilityApproved0-1000000-1000000Gujarat Energy Limited******GSPC LNG Ltd.******SubsidiaryAny other transactionReimbursement of Exps30000000Approved100000002026-01-17110000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******GSPC LNG Ltd.******SubsidiaryPurchase of goods or services3180000000Approved190500000000Gujarat Energy Limited******GSPC LNG Ltd.******SubsidiarySale of goods or services2156500000Approved215650000000Gujarat Energy Limited******GSPC LNG Ltd.******SubsidiaryInvestment4445400000Approved444540000000Gujarat Energy Limited******GSPC LNG Ltd.******SubsidiaryAny other transactionInvestment at Period endApproved018718000006317200000Gujarat Energy Limited******GSPC LNG Ltd.******SubsidiaryAny other transactionAmount Receivable PayableApproved01500000-122200000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******GSPC Pipavav Power Company Ltd.******SubsidiaryAny other transactionReimbursement Income8500000Approved31000002026-05-25310000000Gujarat Energy Limited******GSPC Pipavav Power Company Ltd.******SubsidiarySale of goods or services250000000Approved3680000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******GSPC Pipavav Power Company Ltd.******SubsidiaryAny other transactionRent Received2700000Approved5000002026-05-25160000000Gujarat Energy Limited******GSPC Pipavav Power Company Ltd.******SubsidiaryAny other transactionAmount Receivable/(Payable)Approved025000003400000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******GSPC Pipavav Power Company Ltd.******SubsidiaryInvestmentApproved084000000008400000000Gujarat Energy Limited******GACL Nalco Alkalies & Chemicals Pvt Ltd ******Common DirectorSale of goods or services74300000Approved350000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******GACL Nalco Alkalies & Chemicals Pvt Ltd ******Common DirectorAny other transactionAmount ReceivableApproved00100000Opening and Closing balance represents net outstanding balance of related party considering all the transaction with that related party Gujarat Energy Limited******GACL Nalco Alkalies & Chemicals Pvt Ltd ******Common DirectorAny other transactionDeposits AssetApproved00200000Gujarat Energy Limited******GACL Nalco Alkalies & Chemicals Pvt Ltd ******Common DirectorAny other transactionBank Guarantee by GACL-NALCO to GELApproved0038300000Gujarat Energy Limited******Alcock Ashdown (Gujarat) Limited******AssociateInvestmentApproved0115000000115000000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******GSPC(JPDA) Ltd.******SubsidiaryInvestmentApproved011714000001171400000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangementGujarat Energy Limited******GSPC Employees Post Retirement Medical Benefits Trust******Enterprise controlled by the CompanyAny other transactionAmount paid to TrustApproved87000002026-05-25000This related party disclosure have been prepared in compliance to the order dated 8th April 2026 received on 17th April 2026 from Hon'ble Ministry of Corporate Affairs sanctioning the scheme of amalgamation and arrangement15220300000AuditedtrueAshok Chhajed & Associatestrue2028-04-30