Goyal Salt Limited — Important, 21-04-2025: Disclosure of material issue

Goyal Salt Limited has inaugurated its new salt refinery plant at Chirai Moti, Gujarat, marking a significant expansion with the capacity to produce 4,50,000 MT per annum. This addition raises the company’s total production capacity to 6,60,000 MT annually, enabling Goyal Salt to enhance its market presence in both domestic and overseas sectors. The company aims to double its turnover to Rs. 300 crores over the next two years and expand its reach from 5,000 retail outlets to penetrate every household in India within five years. This strategic move positions Goyal Salt as a formidable player in the Indian salt market, providing a positive outlook for growth and increased market share. Stakeholders have expressed strong support, which will be essential as the company strives for further milestones in the coming years.