NSE has issued a circular under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, notifying the suspension of trading in equity shares of Gujarat State Petronet Limited (Symbol: GSPL, Series: EQ) effective May 12, 2026. The suspension is necessitated by a Scheme of Amalgamation.

Key Points

• Trading in GSPL (EQ series) will be suspended effective May 12, 2026
• The last trading day will be May 11, 2026 (up to closing hours)
• Reason for suspension: Scheme of Amalgamation involving Gujarat State Petronet Limited
• Circular issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A
• Circular reference: NSE/CML/74078 | Ref. No. 0735/2026

Regulatory Changes

Pursuant to Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, NSE has the authority to suspend securities from trading. This circular invokes that regulation to halt trading in GSPL equity shares as a consequence of a corporate restructuring event (amalgamation).

Compliance Requirements

• All NSE members must cease trading in GSPL (EQ series) from May 12, 2026 onwards
• Members should inform their clients holding or intending to trade GSPL shares about the impending suspension
• Any pending orders or positions in GSPL should be managed before the close of trading on May 11, 2026

Important Dates

• Circular Date: May 06, 2026
• Last Trading Day: May 11, 2026 (up to closing hours)
• Suspension Effective Date: May 12, 2026

Impact Assessment

The suspension of GSPL equity shares will prevent all buy and sell transactions on NSE from May 12, 2026. Investors holding GSPL shares will be unable to exit their positions on the exchange after the suspension date. The amalgamation scheme underlying this suspension typically results in share swap or cancellation for existing shareholders as per the approved scheme terms. Market participants should review the amalgamation scheme details to understand entitlements post-suspension. This is a significant event for retail and institutional investors with exposure to Gujarat State Petronet Limited.