Gujarat Alkalies and Chemicals Limited — Others, 16-05-2025: Appointment

Gujarat Alkalies and Chemicals Limited has announced a board meeting on the financial results for the quarter and half-year. The Board approved a final dividend of Rs. 15.80 per equity share, pending shareholder approval. New auditors have been appointed for secretarial and internal audits. Shri S J Haider, IAS, joined as an Additional Director, with approval sought via postal ballot. The company posted a consolidated profit after tax of Rs. 15.82 Cr, reversing prior losses, supported by higher production and the new Chlorotoluene plant at Dahej. Despite technical issues at its JV, no impairment was recognized on the Rs. 414 Cr investment. The Board is prioritizing cost control, green energy, and growth strategies with A T Kearney’s guidance.