Gujarat Alkalies and Chemicals Limited Announces Completion of Senior Management Personnel Term

1 min read     Updated on 01 Apr 2026, 04:20 AM
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Gujarat Alkalies and Chemicals Limited has announced the completion of term for Shri Pankaj Pujara, Advisor to Managing Director, effective March 31, 2026 after office hours. The company disclosed this information to BSE and NSE in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made through proper regulatory channels with comprehensive documentation as required under SEBI guidelines.

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Gujarat alkalies & chemicals Limited has announced the completion of term for a senior management personnel, in compliance with regulatory disclosure requirements.

Senior Management Personnel Change

The company has informed stock exchanges that Shri Pankaj Pujara, who served as Advisor to Managing Director, has been relieved from his services on March 31, 2026 after office hours due to completion of his term. This disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance Details

The following table outlines the key details as required under SEBI regulations:

Particulars: Details
Reason for Change: Due to Completion of term as Advisor to Managing Director
Date of Cessation: March 31, 2026
Term Status: Completed
Regulatory Reference: SEBI Circular No. HO/49/14/14(7)2025 - CFD - POD2/1/3762/2026 dated January 30, 2026

Stock Exchange Communication

The company has formally communicated this development to both major stock exchanges:

  • BSE Limited (Company Code: 530001)
  • National Stock Exchange of India Limited (Company Code: GUJALKALI)

The disclosure letter was signed by S S Bhatt, Company Secretary & Executive Director (Legal, CC & CSR), and digitally authenticated on March 31, 2026. The company has requested both exchanges to take this information on record as per standard regulatory procedures.

Documentation and Compliance

The announcement includes comprehensive annexure providing all mandatory details as specified under SEBI regulations. The company has ensured full compliance with disclosure requirements, including proper documentation and timely submission to regulatory authorities. This transparent approach demonstrates the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

Historical Stock Returns for Gujarat Alkalies & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.05%+0.32%+26.27%+9.18%+6.67%+70.83%

Who will replace Shri Pankaj Pujara as Advisor to Managing Director and what timeline is expected for the appointment?

How might this senior management transition impact Gujarat Alkalies' strategic initiatives and operational continuity?

Will the company restructure the advisory role or redistribute these responsibilities among existing management personnel?

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GACL Promoter GNFC Purchases 10,600 Shares Worth ₹63.18 Lakh Under SEBI Disclosure

1 min read     Updated on 28 Mar 2026, 06:58 PM
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Gujarat Alkalies and Chemicals Limited disclosed that its promoter GNFC purchased 10,600 equity shares worth ₹63.18 lakh, increasing shareholding to 3.40%. The transaction was disclosed under SEBI regulations and represents completion of a previous purchase with delivery shortfall.

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Gujarat alkalies & chemicals Limited has disclosed a promoter share purchase transaction under SEBI regulations. The company filed a disclosure on March 28, 2026, regarding the acquisition of equity shares by one of its promoters, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC).

Promoter Share Purchase Details

GNFC purchased 10,600 equity shares of Gujarat Alkalies and Chemicals Limited on March 27, 2026. The transaction details are as follows:

Parameter: Details
Shares Purchased: 10,600 equity shares
Transaction Value: ₹63,18,169.34 (inclusive of all charges)
Purchase Date: March 27, 2026
Exchange: NSE
Mode: Market purchase

Shareholding Pattern Changes

The share purchase has resulted in changes to GNFC's shareholding in Gujarat Alkalies and Chemicals Limited:

Shareholding: Before Transaction After Transaction
Number of Shares: 24,83,765 24,94,365
Percentage Holding: 3.38% 3.40%

Regulatory Compliance and Documentation

The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. GNFC has committed to holding the acquired shares for a minimum period of six months and will preserve all transaction-related documents for three years as required by regulations.

The transaction represents completion of a previous purchase where there was a shortfall in delivery of 10,600 equity shares from the exchange side. GNFC had earlier reported the purchase of 4,60,340 equity shares on March 21, 2026, and this current transaction covers the delivery shortfall.

Previous BSE Surveillance Response

This disclosure follows Gujarat Alkalies and Chemicals Limited's earlier response to a BSE surveillance query on March 25, 2026, regarding unusual price and volume behavior in its stock. The company had then confirmed that all necessary disclosures regarding promoter share purchases were being made in accordance with SEBI regulations.

The formal disclosure was signed by S S Bhatt, Company Secretary and Executive Director (Legal, CC & CSR), and digitally authenticated on March 28, 2026, demonstrating the company's commitment to regulatory transparency and compliance.

Historical Stock Returns for Gujarat Alkalies & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+2.05%+0.32%+26.27%+9.18%+6.67%+70.83%

Will GNFC continue increasing its stake in Gujarat Alkalies beyond the current 3.40% holding?

How might the recent unusual price and volume behavior impact Gujarat Alkalies' stock performance in the coming quarters?

Could this promoter share purchase signal potential strategic consolidation within the Gujarat chemical industry ecosystem?

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1 Year Returns:+6.67%