AksharChem (India) has successfully commissioned a ground-mounted solar power plant, with operations commencing from November 12, 2025. The company received the Certificate of Commissioning from Gujarat Energy Development Agency (GEDA) on December 09, 2025, formally confirming the facility's operational status.

Solar Power Plant Specifications

The solar installation is strategically located at Village Makdala, Ta: Deodar, Dist. Banaskantha, designed for captive consumption at the company's factory located at Village Indrad (Chhatral).

The ground-mounted configuration allows for optimal solar panel positioning and maintenance accessibility, crucial for sustained energy generation performance.

Strategic Development and Timeline

This solar power plant represents AksharChem (India)'s strategic entry into renewable energy infrastructure, complementing its established presence in the chemicals sector. The facility operates under a captive consumption model, directly supporting the company's manufacturing operations at its Indrad facility.

The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, emphasizing its commitment to transparency in corporate communications.

Renewable Energy Portfolio Enhancement

The commissioning reflects the company's ongoing efforts to enhance its renewable energy portfolio and contribute to sustainable power generation initiatives. The dual capacity rating system provides clarity on both peak generation potential and practical output capabilities, ensuring operational efficiency for the chemical manufacturing processes.

AksharChem (India) Limited , a prominent player in the chemical industry, has announced a significant change in its senior management. Mr. Rajesh Samal, who held the position of General Manager (Works) and was designated as Senior Management Personnel, has tendered his resignation from the company.

Resignation Details

Mr. Samal's departure from AksharChem (India) Limited is set to take effect from the closure of business hours on October 31, 2025. The company has promptly notified the stock exchanges about this change in senior management, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Reason for Departure

In his resignation letter, Mr. Samal cited family concerns as the primary reason for his decision to leave the company. He expressed his gratitude to the management and colleagues for their support and cooperation during his tenure at AksharChem (India) Limited.

Key Information

Company's Response

AksharChem (India) Limited has acknowledged Mr. Samal's resignation and is processing the necessary formalities. The company's disclosure to the stock exchanges demonstrates its commitment to transparency and compliance with regulatory requirements.

Impact and Next Steps

While the departure of a senior management personnel can potentially impact a company's operations, AksharChem (India) Limited has not provided any immediate information regarding a successor or the potential impact of Mr. Samal's resignation on the company's activities.

Investors and stakeholders of AksharChem (India) Limited will likely be keen to observe how the company manages this transition in its senior management and any subsequent appointments to fill the vacancy left by Mr. Samal's departure.