Gujarat Gas Limited — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

To Gujarat Gas Limited No. 2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad – 380 006 . Sir, No.: SEBI/HO/CFD/PoD2/OW/P/2023/30606/1 July 31, 2023 Kind attention: Mr. Sandeep Dave, Company Secretary Subject: Request for Informal Guidance by way of an Interpretive Letter received from Gujarat Gas Limited under SEBI (Informal Guidance) Scheme, 2003 This is with reference to your letter dated June 6, 2023 ( " Application " ) seeking an interpretative letter under the Securities and Exchange Board of India (Informal Guidance) Scheme, 2003 ( " Informal Guidance Scheme " ) with respect to applicability of certain provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"). It is gathered from your Application that Gujarat Gas Limited ( " Company " ) was in the list of top 100 listed entities by market capitalization as on March 31, 2021. However, it was not in list of the top 100 listed entities on March 31, 2022 and March 31, 2023. In this background, you have sought an Interpretative letter under the Informal Guidance Scheme on the following matters:  "GGL was in list of top 100 listed entities based on market capitalization, determined as on March 31st, 2021 and as Regulation 3(2) of SEBI (LODR) 2015 was made applicable w.e.f. 5th May, 2021 and as GGL is not in list of top 100 listed entities by market capitalization as on 31st March 2022 & 31st March 2023 i.e. post 5th May 2021, the provisions of Regulation 3(2) of SEBI (LODR) 2015 shall not be applicable to GGL which shall otherwise continue to be applicable to top 100 entities by market capitalizations.  As GGL is not in list of top 100 listed entities as on 31st March, 2022 and 31st March, 2023 and in view of non