Gujarat Industries Power Co has informed that the Company has received the ‘Guidelines on Dividend Distribution and Capital Restructuring of State Public Sector Undertakings (SPSUs)’ issued by Finance Department, Government of Gujarat vide GR No. FD/OTH/e-file/2023/1504/A-BPE dated 24th April, 2023, accordingly, the Company would work out as per the said guidelines and will submit necessary information to the Board of Directors. The company will submit necessary updates, if any required, to Stock Exchange in due course of time.
The above information is a part of company’s filings submitted to BSE.
