Gujarat Gas seeks shareholders’ nod to raise borrowing limit to Rs 15,000 crore

29 Aug 2019

Gujarat Gas has sought shareholders’ approval to raise borrowing limit of the company to Rs 15,000 crore from current Rs 10,000 crore to help meet fund requirement for its business expansion. The resolution would be voted at the company's 7th annual general meeting (AGM) on September 20 in Gandhinagar, Gujarat.

Gujarat Gas (formerly Gujarat Gas Company) is engaged in processing, transmission, and distribution of natural gas. It supplies gas to industrial, commercial and domestic customers.

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