Gujarat Alkalies & Chemicals Limited (GACL) has released its financial results for the second quarter and announced key corporate developments, including the cessation of Independent Director Shri Rajiv Lochan Jain effective December 31, 2025.

Financial Performance and Provisions

The company reported standalone revenue from operations of ₹1,907.32 crore for the quarter. GACL made a significant provision of ₹1,549.24 crore for goods damaged due to a fire at the facility of its contract manufacturer, Sanghvi Organics Pvt Ltd, located in Ankleshwar, Gujarat.

Director Changes and Board Decisions

GACL has formally announced that Shri Rajiv Lochan Jain (DIN: 00161022) ceased to be an Independent Director of the company effective December 31, 2025. This cessation follows the completion of his second five-year term as an Independent Director, as previously communicated by the company in November 2025.

The Board of Directors has also made other key appointments, including M/s Talati Talati LLP as Internal Auditors for a two-year term from July 1, 2026, to June 30, 2028.

Renewable Energy Expansion

GACL continues its focus on sustainable energy solutions with the Board granting in-principle approval for setting up an additional 42.9 MW Renewable Hybrid Power facility. This expansion adds to the company's ongoing renewable energy projects of 62.7 MW-75 MW, demonstrating its commitment to sustainability in the chemical industry.

Employee Investment

The company reported substantial employee benefits expense of ₹3,784.43 crore for the quarter, which included a significant component for pay revision. This investment reflects GACL's efforts to retain talent and boost productivity in a competitive market environment.

Gujarat Alkalies and Chemicals Limited's latest developments showcase the company's focus on governance transitions, operational efficiency, and sustainable growth while managing unexpected operational challenges through prudent financial provisions.

Gujarat Alkalies & Chemicals has announced a significant improvement in its ESG (Environmental, Social, and Governance) rating for FY2024-25. The company received an ESG score of 68.3 with Grade B rating, marking a notable increase from the previous year's score of 63.8.

ESG Rating Assessment Details

SESES ESG Research Private Limited, registered with SEBI as an ESG Rating Provider under Category II, assigned the rating based on data pertaining to FY2024-25. The assessment was conducted independently using publicly available information from the company.

The company received the ESG rating report on December 19, 2025, and promptly disclosed the information to stock exchanges on December 20, 2025, in compliance with regulatory requirements.

Independent Assessment Process

Gujarat Alkalies & Chemicals clarified that it did not engage SESES for the ESG rating. The rating agency independently prepared the report based on the company's publicly available data for FY2024-25. This independent assessment reflects the company's ESG performance without any direct engagement or influence from the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement also complies with SEBI Circular SEBI/HO/OFD/PoD2/CIR/P/0155 dated November 11, 2024, which mandates disclosure of ESG ratings.

Performance Improvement

The improvement in ESG score from 63.8 to 68.3 demonstrates the company's enhanced commitment to environmental, social, and governance initiatives. This 4.5-point increase reflects positive developments in the company's ESG performance metrics during FY2024-25. The company has made this information available on its website at www.gacl.com for stakeholder reference.