Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 26, 2025-We enclose herewith proceedings of 52nd AGM of the Company held on 26.09.2025. For more details kindly refer attached file.
GUJALKALI · price
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Gujarat Alkalies and Chemicals (GACL) held its 52nd AGM on September 25, 2025, via Video Conference with 85 members attending. All 8 resolutions were put to e-vote through CDSL, including adoption of FY25 audited financial statements (standalone and consolidated), declaration of a dividend of Rs. 15.80 per share (158%) on Rs. 10 face value, reappointment of Chairman Dr. Hasmukh Adhia (who retires by rotation), appointment of Samdani Shah & Kabra as Secretarial Auditors for 5 years (FY26–FY30), ratification of Y.S. Thakar & Co. as Cost Auditors for FY26, and three resolutions approving material related party transactions with material subsidiary GACL-NALCO Alkalies & Chemicals (GNAL) covering supply of products/services, Compulsory Convertible Debentures, and GNAL's dealings with NALCO. The Statutory Auditors' and Secretarial Auditors' reports contained no qualifications or adverse remarks. The Chairman's address covered GACL's performance, Project 'Ahvaan', expansion plans, chlor-alkali industry outlook, AI and digitalization initiatives, and cost control measures.
Confirms a healthy 158% dividend (Rs. 15.80/share) for FY25, providing a clear income signal for shareholders. Clean audit reports and approval of related-party transactions with the GNAL subsidiary (GACL-NALCO JV) suggest continued operational integration, though final voting results on the RPTs are still awaited and may be a near-term watchpoint.