GSPL Transmission logo

GSPL Transmission chairman and AGM

NSE: GSPLTRANSBSE: 544801Gas

GSPL Transmission Limited · Face value ₹10 · Listed Sep 2026
Last close ₹116.99down ₹0.65 (0.55%)BSE ₹117.00

Share price at the NSE close on 29 Oct 2026. Previous close ₹117.64.

29 Oct: open ₹118.50, high ₹121.50, low ₹115.24

Range of traded prices from listing on 30 Sep 2026 to 29 Oct 2026
₹104.81Low, 12 Oct 2026₹159.60High, 30 Sep 2026
Market cap
₹3,659 Cr
P/E
First results duelisted 30 Sep 2026
P/B
First results duelisted 30 Sep 2026
Dividend yield
Nonesince listing in Sep 2026
Volume, NSE
9,92,86761.7% delivered

GSPL Transmission's chairperson is MANOJ KUMAR DAS, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Sep 2026.

GSPL Transmission board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

  • ChairpersonMANOJ KUMAR DASRelated to the promoter
  • Company Secretary and Compliance OfficerRajeshwari Sharma

8 directors4 independent4 non-executive

  • MANOJ KUMAR DAS · ChairpersonNominee, non-executive · joined May 2026 · 4 listed boards · 2 committee seats, 2 as chair
  • ASHWINI KUMAR YADAVNominee, non-executive · joined May 2026 · reappointed Sep 2026 · 4 listed boards · 2 committee seats, 1 as chair
  • NATARAJAN THIRUVENKADAMNominee, non-executive · joined May 2026 · reappointed Sep 2026 · 5 listed boards · 5 committee seats
  • GAURI KUMARIndependent · joined May 2026 · reappointed May 2026 · 4 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 3 as chair
  • VANAJA N SARNAIndependent · joined May 2026 · reappointed May 2026 · 4 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 1 as chair
  • JAYANT MISRAIndependent · joined May 2026 · reappointed May 2026 · 4 months as independent · 2 listed boards · 2 as independent · 4 committee seats
  • VISHAL GUPTAIndependent · joined May 2026 · reappointed May 2026 · 4 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • AVANTIKA AULAKHNominee, non-executive · joined May 2026 · 4 listed boards · 5 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 1 Sep 20267 of 8 present4 independent · 46 days in between
    • 16 Jul 20267 of 8 present3 independent · 46 days in between
    • 30 May 20266 of 8 present3 independent · 29 days in between
    • 30 Apr 20263 of 3 present0 independent

  • Audit Committee

    Chair VANAJA N SARNA

    NATARAJAN THIRUVENKADAM, GAURI KUMAR, JAYANT MISRA, VISHAL GUPTA, AVANTIKA AULAKH

    • 1 Sep 20266 of 6 present4 independent · 46 days in between
    • 16 Jul 20265 of 6 present3 independent · 47 days in between
    • 29 May 20265 of 6 present3 independent

  • Nomination and remuneration committee

    Chair VANAJA N SARNA

    ASHWINI KUMAR YADAV, GAURI KUMAR, JAYANT MISRA

    • 29 May 20263 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair ASHWINI KUMAR YADAV

    JAYANT MISRA, VISHAL GUPTA, AVANTIKA AULAKH

    No meeting listed in the filing.

  • Risk Management Committee

    Chair NATARAJAN THIRUVENKADAM

    VANAJA N SARNA, VISHAL GUPTA, AVANTIKA AULAKH, LOKESH AGARWAL

    • 21 Sep 20264 of 4 present2 independent · 117 days in between
    • 26 May 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair AVANTIKA AULAKH

    VANAJA N SARNA, JAYANT MISRA, VISHAL GUPTA

    • 29 May 20264 of 4 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

GSPL Transmission AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.

Annual general meeting, 29 Sep 2026

3,08,246 shareholders on the register on 22 Sep 2026; present: 1 promoter and 99 others; votes counted by Kiran Kumar Patel / M/s. K. K. Patel & Associates.

  1. To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  2. To declare Dividend on Equity Shares.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  3. To appoint a Director in place of Dr. T. Natarajan, IAS (DIN: 00396367) who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  4. To appoint a Director in place of Shri Ashwini Kumar, IAS (DIN: 06581753) who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  5. To authorize Board of Directors to fix remuneration of Statutory Auditors of the Company for the Financial Year 2026 – 27 in terms of the provisions of Section 142 of the Companies Act, 2013
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  6. To ratify the remuneration payable to M/s N. D. Birla & Co., as Cost Auditors of the Company for the Financial Year ending 31st March, 2027
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 71.60% · promoters 100.00% · institutions 83.81% · other public 40.67%

  7. To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL")
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.84% · promoters 100.00% · institutions 83.81% · other public 38.90%

  8. To approve Material Related Party Transaction(s) between GSPL India Gasnet Limited (“GIGL”/“Subsidiary of the Company”) and its Related Parties
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.84% · promoters 100.00% · institutions 83.81% · other public 38.90%

  9. To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL")
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.84% · promoters 100.00% · institutions 83.81% · other public 38.90%

  10. To approve Material Related Party Transaction(s) between GSPL India Gasnet Limited (“GIGL”/“Subsidiary of the Company”) and its Related Parties
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.84% · promoters 100.00% · institutions 83.81% · other public 38.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it

Mutual fund votes, meeting of 29 Sep 2026, 3 fund houses

  • To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereonMoreLess
    3 for0 against
  • To declare Dividend on Equity Shares.
    3 for0 against
  • To appoint a Director in place of Dr. T. Natarajan, IAS (DIN: 00396367) who retires by rotation and being eligible offers himself for re-appointment
    3 for0 against
  • To appoint a Director in place of Shri Ashwini Kumar, IAS (DIN: 06581753) who retires by rotation and being eligible offers himself for re-appointment
    3 for0 against
  • To authorize Board of Directors to fix remuneration of Statutory Auditors of the Company for the Financial Year 2026 – 27 in terms of the provisions of Section 142 of the Companies Act, 2013
    3 for0 against
  • To ratify the remuneration payable to M/s N. D. Birla & Co., as Cost Auditors of the Company for the Financial Year ending 31st March, 2027
    3 for0 against
  • To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL")
    3 for0 against
  • To approve Material Related Party Transaction(s) between GSPL India Gasnet Limited (“GIGL”/“Subsidiary of the Company”) and its Related Parties
    3 for0 against
  • To approve Material Related Party Transaction with GSPL India Gasnet Limited ("GIGL")
    3 for0 against
  • To approve Material Related Party Transaction(s) between GSPL India Gasnet Limited (“GIGL”/“Subsidiary of the Company”) and its Related Parties
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldGSPL India Gasnet LimitedSince 10 Aug 2026

    0.00% bought in the quarter; holding 52.00%, from 52.00%

  • Tax disputeAssessment Unit, Income Tax DepartmentSince 6 Sep 2022
    Company has filed an appeal before the Commissioner of Income-tax (Appeals) at the National Faceless Appeal Centre (NAFC) on 03-10-2022
    At the filing before: Non-Granting of the claim for transfer of the imbalance & overrun charges to Petroleum & Natural Gas Regulatory Board (“PNGRB”). Tax Impact Rs.14.82 Cr
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 24 Oct 2008
    Company has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2005-2008. Amount involved (Tax impact) Rs. 37.55 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 24 Oct 2008
    Service tax department has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2005-2008. Amount involved (Tax impact) Rs. 63.7 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 15 Oct 2009
    Company has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2008-2009. Amount involved (Tax impact) Rs. 44.8 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 15 Oct 2009
    Service tax department has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2008-2009. Amount involved (Tax impact) Rs. 33.6 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 20 Oct 2010
    Company has filed an appeal before the CESTAT against order of Commisioner
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2009-2010. Amount involved (Tax impact) Rs. 40.19 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 20 Oct 2010
    Service tax department has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2009-2010. Amount involved (Tax impact) Rs. 28.81 Cr.
12 more
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 17 Oct 2011
    Company has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2010-2011. Amount involved (Tax impact) Rs. 11.36 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 17 Oct 2011
    Service tax department has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2010-2011. Amount involved (Tax impact) Rs. 21 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 20 Jun 2012
    SCN issued by Ass. Commisioner and matter kept in abeyance as previous matter pending at CESTAT
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2011-2012. Amount involved (Tax impact) Rs. 0.04 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 13 Dec 2012
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2011-2012. Amount involved (Tax impact) Rs. 10.02 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 7 May 2014
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2012-2013. Amount involved (Tax impact) Rs. 16.66 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 16 Apr 2015
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Capital Goods Credit Disallowed by Service tax department for FY 2013-2014. Amount involved (Tax impact) Rs. 15.22 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 19 Apr 2015
    Service tax department has filed an appeal before the Guj Highcourt against CESTAT order
    At the filing before: Extended period for FY 2005-08 Capital Goods Credit Disallowed by Service tax department Amount involved (Tax impact) Rs. 7.35 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 15 Apr 2016
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2014-2015 . Amount involved (Tax impact) Rs. 9.75 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 16 Apr 2018
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2015-2017. Amount involved (Tax impact) Rs. 11.91 Cr.
  • Tax disputeThe Commissioner of Central Excise, AhmedabadSince 30 Sep 2019
    Company has filed an appeal before the CESTAT against Ass. Commissioner order
    At the filing before: Input Service Tax Credit Disallowed by Service tax department for FY 2017 up to June 2017. Amount involved (Tax impact) Rs. 2.28 Cr.
  • Tax disputeAssistant Commissioner of State Tax, Ghatak 24 (Gan):Range - 7:Division - 3:GujaratSince 13 Jul 2026
    Reply awaited from Department
    At the filing before: Personal hearing and GSPL India Gasnet Limited's submission made on 15-10-2026. Expected Financial Impact (INR in Lakhs): 720.58
  • Tax disputeCOMMISSIONER OF CENTRAL EXCISEAHMEDABAD IIISince 5 Apr 2016
    Hearing ongoing at Gujarat High Court
    At the filing before: Stand over to Next hearing date. Expected Financial Impact (INR in Lakhs): NIL

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
1,079907Sep 26

Open at the quarter's end

172Sep 26
At most 172 complaints open, quarter to Sep 2026.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.