Gujarat Mineral Development Corporation Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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GUJALKALI · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹640.15

prior close

₹652.15

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.7%-1.2% vs market

Commodity Chemicals peers, median of 52sector+0.7%-1.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 1.2 pts less than its Commodity Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-2.3

15m

-2.3

30m

-2.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.7-1.2+0.7-1.2

Next day

+0.9+2.2-1.3+2.8-1.9

+3.3+3.1+0.1+3.7-0.4

-0.1+3.1-3.2+2.5-2.6

+0.3+3.6-3.3+3.2-3.0

-2.3+0.8-3.1+0.5-2.8

-2.6+0.7-3.3+1.2-3.8

15d

-1.0+2.0-3.0-0.3-0.7

+2.0+8.5-6.5+3.0-1.0

-8.4+11.2-19.6+7.3-15.7

-7.6+16.3-23.9+8.5-16.1

UpDownMarket · Nifty Microcap 250Sector · Commodity Chemicals peers, median of 52Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Gujarat Mineral Development Corporation Ltd. (GMDC), the promoter of Gujarat Alkalies and Chemicals Limited (GACL), has submitted a compliance disclosure to the exchanges under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 31(4) and 31(5). The filing confirms that GMDC has not created any encumbrance — meaning no pledge, charge, or lien — on its equity shares held in GACL during the entire financial year 2024-25. This is a routine annual negative confirmation required when the promoter has no encumbrances to report. It indicates that the promoter's stake in GACL remains fully unencumbered.

Likely market impact

Neutral to mildly positive for shareholders — it reassures investors that the promoter has not pledged its shares, eliminating risks of forced sale or margin pressure from the promoter side.