Gujarat State Petronet Ltd


BSE: 532702 | NSE: GSPL | ISIN: INE246F01010 
Market Cap: [Rs.Cr.] 3,517 | Face Value: [Rs.] 10
Industry: Miscellaneous

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Board Meet

24-May-12 
Gujarat State Petronet Ltd has informed BSE that the Company intends to publish Audited. Annual Accounts for the quarter and year ended March 31, 2012 within 60 days from the end of the quarter and year instead of publishing Unaudited Quarterly Results within 45 days from the end of the quarter. In this regard, the Meeting of the. Board of Directors of the Company will be held on May 24, 2012, inter-alia, to consider, the Audited Annual Accounts of the Company for the quarter and year ended March 31, 2012 and to recommend 'dividend, if any, for the financial year 2011-12.  
09-Feb-12 
Gujarat State Petronet Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 09, 2012, inter alia, to consider the Unaudited Financial Results of the Company for the Quarter ended December 31, 2011 (Q3). Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2012, inter alia, has approved the following; 1. The Board has approved increase in borrowing limits under section 293 (1)(d), creation of charge/security in favor of lenders u/s 293 (1) (a) and increase in investment limits under section 372A of the Companies Act, 1956, subject to the approval of the Members by way of passing of the Ordinary/Special Resolution through Postal Ballot. 2. The Board has approved Postal Ballot Notice along with Postal Ballot Form containing the Ordinary/Special Resolutions for increase in borrowing limits under section 293 (1)(d), creation of charge/security in favor of lenders u/s 293 (1)(a) and increase in investment limits under section 372A of the Companies Act, 1956. With reference to the earlier announcement dated February 09, 2012, regarding Outcome of Board Meeting held on February 09, 2012, Gujarat State Petronet Ltd has now informed BSE that the Board has fixed February 10, 2012 as the cut - off date for reckoning the voting rights of the members for passing of Ordinary/ Special Resolutions through Postal Ballot for increase in borrowing limits under section 293 (1) (d), creation of charge/security in favor of lenders under section 293 (1) (a) and increase in investment limits under section 372A of the Companies Act, 1956. (As Per BSE Announcement Website Dated on 09/02/2012) 
19-Jan-12 
Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 19, 2012, inter alia, has approved allotment of 8,044 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) consequent to which the Paid-up Share Capital of the Company has increased from Rs 5,626,810,830 to Rs 562,68,91,270. 
14-Nov-11 
Gujarat State Petronet Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 14, 2011, inter-alia, to consider the Unaudited Financial Results of the Company for the Quarter ended Septmber 30, 2011. Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 14, 2011, inter alia, approved allotment of 10,535 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) and 12,151 Equity Shares under Employees Stock Option Scheme - 2010 (ESOP - 2010) consequent to which the Paid-up Share Capital of the Company has increased from Rs. 5,626,583,970 to Rs. 5,626,810,830. (As Per BSE Announcement Dated on 14.11.2011) Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its Meeting held on November 14, 2011 has accepted the Resignation of Shri Atanu Chakraborty, IAS w.e.f. November 14, 2011. (As Per BSE Announcement Website dated on 17.11.2011) 
09-Aug-11 
Gujarat State Petronet Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 09, 2011, inter alia, to consider the Un-audited Financial Results of the Company for the Quarter ended on June 30, 2011 (Q1). Gujarat State Petronet Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 09, 2011, inter alia, has approved allotment of 53,762 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) consequent to which the paid up Share Capital of the Company has increased from Rs. 5,626,141,750 to Rs. 5,626,679,370. (As Per BSE Announcement Dated on 09.08.2011) With reference to the earlier announcement dated August 09, 2011, regarding Outcome of Board Meeting held on August 09, 2011, Gujarat State Petronet Ltd has now informed BSE that the Company take on records approved allotment of 44,222 Equity Shares under ESOP - 2005 instead of 53,762 equity Shares. Therefore, the correct Outcome of Board Meeting should be read as follows: 'The Board approved allotment of 44,222 Equity Shares under Employees Stock Option Scheme - 2005 (ESOP - 2005) consequent to which the paid -up Share Capital of the Company has increased from Rs. 5,626,141,750 to Rs. 5,626,583,970. (As Per BSE Announcement Dated on 10.08.2011) 

AGM

23-Sep-11
Gujarat State Petronet Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 17, 2011 to September 23, 2011 (both days inclusive) for the purpose of Payment of Dividend & 13th Annual General Meeting (AGM) of the Company to be held on September 23, 2011. Gujarat State Petronet Ltd has informed BSE that the shareholders at the 13th Annual General Meeting (AGM) of the Company held on September 23, 2011, have approved the following: 1. Adoption of Audited Profit and Loss Account of the Company for the financial year ended March 31, 2011 and Audited Balance Sheet as on that date and Report of Auditors' and Directors' thereon along with the Report of Comptroller and Auditor General of India. 2. Declaration of Dividend for the financial year ended 2010-11 @ Re. 1 per share of Rs. 10 each (i.e. 10%) on 56,26,58,397 shares of the Company. 3. Re-appointment of Shri D. J. Pandian, IAS as a Director of the Company. 4. Re-appointment of Shri A. K. Joti, IAS as a Director of the Company. 5. Fixing the remuneration of statutory auditors of the Company for the financial year 2011-12. (As Per BSE Announcement Dated on 23.09.2011) Gujarat State Petronet Ltd has submitted to BSE a copy of the Minutes of the 13th Annual General Meeting of the Company held on September 23, 2011. inter alia, have accorded the following: 1. Adoption of the Audited Profit and Loss Account for the financial year ended March 31, 2011 and Audited Balance Sheet as on that date and Report of the Auditors' and Directors' thereon. 2. Declaration of dividend for the financial year 2010-11 @ 10 % (i.e. Re. 1.00 per share) on 56,26,58,397 equity shares, having face value of Rs. 10 each, of the Company. 3. Re-appointment of Shri D. J. Pandian & Shri A. K. Joti, IAS as Directors of the Company, liable to retire by rotation. 4. fixation of the remuneration of M/s. P. Singhvi & Associates., Chartered Accountants, Gandhinagar, Statutory Auditors for the Financial Year 2011-12. (As Per BSE Announcement Dated on 31.10.2011) 
21-Sep-10
Gujarat State Petronet Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from September 15, 2010 to September 21, 2010 (both days inclusive) for the purpose of Payment of Dividend & 12th Annual General Meeting (AGM) of the Company to be held on September 21, 2010. Gujarat State Petronet Ltd has informed BSE that the members at the12th Annual General Meeting (AGM) of the Company held on September 21, 2010 inter alia, have accorded to the following: 1. Adoption of Audited Profit and Loss Account of the Company for the financial year ended March 31, 2010 and Audited Balance Sheet as on that date and Report of Auditors' and Directors' thereon along with the Report of Comptroller and Auditor General of India. 2. Declaration of Dividend for the financial year ended 2009-10 @ 10% (i.e. Re 1.00 per share ) on 56,25,23,929 shares of the Company. 3. Re-appointment of Shri Suresh Mathur as a Director of the Company. 4. Fixing the remuneration of statutory auditors of the Company for the financial year 2010-11. 5. Appointment of Shri A K Joti, IAS as a Director and Chairman of the Company, liable to retire by rotation. 6. Appointment of Shri Atanu Chakraborty, IAS as a Director of the Company, liable to retire by rotation. 7. Appointment of Shri R Vaidyanathan, Shri J K Jain & Shri N K Mitra as a Directors of the Company, liable to retire by rotation. 8. GSPL Employee Stock Option Plan-2010 for the employees of Company. 9. GSPL Employee Stock Option Plan-2010 for the employees of holding company i.e. Gujarat State Petroleum Corporation Ltd. (As Per BSE Announcement Dated on 22.09.2010) Gujarat State Petronet Ltd has informed BSE that the members at the 12th Annual General Meeting (AGM) of the Company held on September 21, 2010, inter alia, have accorded to the following: 1. Adoption of the Audited Profit and Loss Account for the financial year ended March 31, 2010 and Audited Balance Sheet as on that date and Report of the Auditors' and Directors' thereon along with Report of Comptroller and Auditor General of India of the Company. 2. Declaration of dividend for the financial year 2009-10 @ 10%(i.e. Re. 1.00 per share) on 56,25,23,929 equity shares, having face value of Rs. 10 each, of the Company. 3. Re-appointment of Shri Suresh Mathur as Director of the Company, liable to retire by rotation. 4. Authority to Board to fix the remuneration of M P Singhvi & Associates., Chartered Accountants, Gandhinagar, Statutory Auditors for the Financial Year 2010-11. 5. Appointment of Shri A K Joti, Shri Atanu Chakraborty, Shri R Vaidyanathan, Shri J K Jain & Shri N K Mitra as Directors of the Company, liable to retire by rotation. 6. Authority to Board to create, offer, issue and allot at any time to or to the benefit of such person(s) who are in permanent employment of the Company, including all Directors, whether whole time or otherwise of the Company, whether in India or abroad, either directly or through a trust, such number of options not exceeding 62,40,000 under 'GSPL Employees Stock Option Plan-2010' (the 'ESOP-2010' or the 'Scheme' or the 'Plan'), which could give rise to the issue of equity shares not exceeding 62,40,000 equity shares of Rs.10 each (together with the equity shares created / offered / issued /allotted or proposed to be created / offered / issued / allotted for the benefit of such persons who are in permanent employment of the Companys holding company i.e. GSPC in terms of ESOP 2010) or such other adjusted number of equity shares for any bonus, stock split, consolidation or other reorganisation of the capital structure of the Company as may be applicable from time to time, at such price, in one or more tranches and on such terms and conditions as may be fixed or determined by the Board in accordance with the Guidelines or other provisions of the law as may be prevailing at that time, subject to necessary provisions & approvals. 7. Authority to Board to create, offer, issue and allot at any time to or to the benefit of such person(s) who are in permanent employment of the Companys holding company i.e. Gujarat State Petroleum Corporation Ltd, including all Directors, whether whole time or otherwise, whether in India or abroad, either directly or through a trust, such number of options not exceeding 62,40,000 under 'GSPL Employees Stock Option Plan-2010' (the 'ESOP-2010' or the 'Scheme' or the 'Plan'), which could give rise to the issue of equity shares not exceeding 62,40,000 equity shares of Rs.10 each (together with the equity shares created / offered / issued /allotted or proposed to be created / offered / issued / allotted for the benefit of such persons who are in permanent employment of the Company in terms of ESOP-2010) or such other adjusted number of equity shares for any bonus, stock split, consolidation or other reorganisation of the capital structure of the Company as may be applicable from time to time, at such price, in one or more tranches and on such terms and conditions as may be fixed or determined by the Board in accordance with the Guidelines or other provisions of the law as may be prevailing at that time, subject to necessary provisions & approvals. (As Per BSE Announcement Website dated on 28.09.2010) 
03-Dec-09
Gujarat State Petronet Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from November 28, 2009 to December 03, 2009 (both days inclusive) for the purpose of Payment of Dividend & 11th Annual General Meeting (AGM) of the Company to be held on December 03, 2009. Gujarat State Petronet Ltd has informed BSE that the members at the 11th Annual General Meeting (AGM) of the Company held on December 03,2009, inter alia, have accorded to the following: 1. Adoption of Audited Profit and Loss Account of the Company for the financial year ended March 31, 2009 and Audited Balance Sheet as on that date and Report of Auditors' and Directors' thereon along with the Report of Comptroller and Auditor General of India. 2. Declaration of Dividend for the financial year ended 2008-09 @ 7.5%(i.e. Re. 0.75 per share) on 56,23,70,000 shares of the company. 3. Re-appointment of Shri P. K. Pujari, IAS & Shri D. Rajagopalan, IAS as Directors of the company. 4. Fixing the remuneration of statutory auditors of the Company for the financial year 2009-10. 5. Appointment of Shri S. Jagadeesan, IAS as Director of the Company, liable to retire by rotation. Further the Company has informed that, the resolution for item no 4 of the notice for reappointment of Shri Tapan Ray, IAS was withdrawn at the Annual General Meeting as Shri Tapan Ray, IAS is now holding the office as Managing Director of Gujarat State Petronet Ltd and pursuant to provisions of the Articles of Association of the Company, Managing Director of the Company shall not be liable to retire by rotation. In view of the same and to meet the requirement of the Companies Act, 1956 the motion was passed at the Annual General Meeting itself for reappointment of Shri D Rajagopalan, IAS, holding office of Director for longest period and being liable to retire by rotation and who offered him self for retirement by rotation. Thereafter, the members approved the re-appointment of Shri D Rajagopalan, IAS as Director and Chairman, liable to retire by rotation, unanimously. (As Per BSE Announcement Website dated on 03.12.2009) Gujarat State Petronet Ltd has informed BSE that the Annual General Meeting (AGM) of the Company was held on December 03, 2009. (As Per BSE Announcement Website dated on 04.01.2010) 
24-Sep-09
Annual General Meeting (AGM) of the Company to be held on September 24, 2009. With reference to the earlier annoucement dated August 11, 2009 regarding Book Closure, Gujarat State Petronet Ltd has now informed BSE that due to unavoidable circumstance, Annual General Meeting of the Company for the year 2009-2010 scheduled on September 24, 2009 is now postponed. Further the Register of Members and Transfer Books for equity share of the Company for the period from September 15, 2009 to September 24, 2009 (Both Days inclusive) for the purpose of payment of dividend for the financial year 2008-09, as intimated before, shall not remain closed. Further the new dates for convening of the Annual General Meeting and book closure for dividend payment will be informed very shortly. (As Per BSE Announcement Website dated on 10.09.2009) AGM 24/09/2009 (Cancelled) (As Per BSE Bulletin dated on 10.09.2009) 
26-Sep-08
Gujarat State Petronet Ltd has informed BSE that the 10th Annual General Meeting (AGM) of the Company will be held on September 26, 2008. Gujarat State Petronet Ltd has informed BSE that the members at the 10th Annual General Meeting (AGM) of the Company held on September 26, 2008, inter alia, have accorded the following: 1. Adoption of Audited Profit and Loss Account of the Company for the financial year ended March 31, 2008 and Audited Balance Sheet as on that date and Report of Auditors' and Directors' thereon along with the Report of Comptroller and Auditor General of India. 2. Declaration of Dividend for the financial year ended 2007-08 @ 5% i.e. 0.50 Paise per share) on 56,20,32,402 shares of the Company. 3. Re_appointment of Shri. U Sundararajan & Shri. Suresh Mathur as directors of the Company. 4. Re-appointment of Shri. Hasmukh Adhia, IAS as director of the Company. 5. Fixing the remuneration of statutory auditors of the Company for the financial year 2008-09. 6. Appointment of Shri. M m Srivastava, IAS as Director of the Company, liable to retire by rotation. (As per BSE Announcement dated on 29/09/2008) 

EGM

No EGM Data Found!

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
GAIL (India) 41,270.00 10.44 2.14 9.91 19.8 26.7 0.11
Adani Ports 22,448.10 19.06 4.29 20.91 25.4 17.8 0.76
Container Corpn. 10,986.56 12.51 1.96 11.18 18.8 22.7 0.00
Petronet LNG 9,885.00 9.35 2.81 9.47 25.2 20.7 1.16
Bajaj Holdings 8,499.77 14.98 1.75 8.08 23.6 25.2 0.00
CRISIL 7,512.45 38.84 20.83 22.67 51.6 68.0 0.00
Pipavav Defence 5,667.84 70.69 3.05 31.75 2.3 5.0 0.99
Multi Comm. Exc. 4,529.06 27.34 5.34 0.00 22.4 31.8 0.00
Info Edg.(India) 4,107.35 33.43 7.15 25.82 19.9 29.8 0.00
Guj Gas Company 3,751.31 14.07 4.93 10.70 34.4 37.6 0.29
Guj.St.Petronet 3,516.81 6.47 1.75 6.88 28.4 27.3 0.77
Indraprastha Gas 2,903.60 9.45 2.34 9.15 28.4 34.3 0.28
Guj Pipavav Port 2,255.46 34.58 2.84 14.16 5.0 7.5 0.96
ABG Shipyard 1,991.74 11.34 1.61 6.61 16.3 12.6 2.28
SPARC 1,576.03 0.00 -23.63 0.00 0.0 0.0 0.43

Futures & Options Quote

 
Expiry Date
63.00 0.25  (0.4%)
Instrument: FUTSTK
Expiry Date: 31 May 2012
Open Price: 63.00
Average Price: 63.00
No. of Contracts Traded: 108,000
Open Interest: 3,152,000
Underlying: GSPL
Market Lot: 2000
Previous Close: 62.75
Day’s High | Low: 63.25 | 62.90
Turnover (Cr.): 0.68
Open Int. Change: -56,000.00 ( [1.8]% )
View detailed F& O quotes >>

Key Information

Key Executives:

Tapan Ray , Managing Director 

Suresh Mathur , Director 

D J Pandian , Director 

Reena Desai , Company Secretary 


Company Head Office / Quarters:
G S P C Bhavan Sector - 11,
Behind Udyog Bhavan,
Gandhinagar,
Gujarat-382011
Phone : 91-79-66701001
Fax : 91-79-23236477
E-mail :
investors.gspl@gspc.in
gujpetro@gujaratpetro.com
Web : http://www.gujpetronet.com
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

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