GSPL Preferential Issue

Gujarat State Petronet Ltd has informed that the Board of Directors of the Company, pursuant to the resolution passed by the circulation, has approved allotment of 18,738,000 equity shares of Rs 10/- each at a price of Rs 57.29/- per equity share, to IFC under the Preferential Issue of the Company.

Consequent to the said allotment of shares to IFC, the paid up Share Capital of the
Company has increased from Rs 542,94,01,470 to Rs 561,67,81,470