Gujarat Alkalies & Chemicals Limited (GACL), a prominent player in the chemical industry, has announced a significant addition to its leadership team. The company has appointed Shri Vrajesh Parikh as Executive Director (Technical), effective September 4, 2025.

Extensive Industry Experience

Vrajesh Parikh brings a wealth of experience to his new role at GACL. With over 31 years in the chemicals industry, Parikh has developed expertise in both specialty and commodity chemicals. His diverse skill set encompasses process engineering, project execution, strategic planning, crisis management, technology transfer, and supplier management.

Educational Background

Parikh's educational qualifications align well with his new position. He holds a Bachelor's degree in Chemical Engineering from DDIT, Nadiad, Gujarat University. Additionally, he has completed a Post Graduate Diploma in Business Management from Bhartiya Vidya Bhavans, Vadodara, enhancing his technical knowledge with management skills.

Professional Journey

Throughout his career, Parikh has held positions at several renowned organizations in the chemical sector. His professional journey includes stints at:

• Grasim Industries Ltd
• Atul Ltd
• Gulbrandsen Pvt Ltd
• Dishman Pharmaceuticals Ltd
• Transpek Ltd

Most recently, Parikh served as Joint President in the Central Technical Cell at Grasim Industries Ltd, further solidifying his expertise in the field.

Key Competencies

Parikh's experience spans various crucial areas in chemical manufacturing:

• Process engineering
• Execution of complex projects
• Strict compliance with safety and quality regulations
• Strategic planning and crisis management
• Technology transfer and adaptation
• Supplier management
• Operational excellence

His track record demonstrates a strong focus on profitability, customer-first approach, and maintaining high safety standards in chemical manufacturing operations.

Appointment Details

GACL officially announced Parikh's appointment through a disclosure to the stock exchanges, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's board expressed confidence in Parikh's ability to contribute significantly to GACL's technical operations and overall growth strategy.

This strategic appointment underscores Gujarat Alkalies & Chemicals' commitment to strengthening its leadership team with industry veterans, potentially positioning the company for enhanced technical capabilities and operational efficiency in the competitive chemicals market.

Gujarat Alkalies & Chemicals , a prominent player in the Indian chemical industry, has reported a dramatic decline in its chemical exports, according to recent company data.

Sharp Decline in Exports

The company, promoted by the Government of Gujarat, experienced a staggering 97.00% decrease in chemical exports compared to the previous year. This significant downturn was further emphasized by an 89.00% reduction from the previous month's export figures.

Impact on Business

This substantial reduction in export performance could have far-reaching implications for Gujarat Alkalies & Chemicals' overall business strategy and financial health. The chemical sector, known for its volatility, often faces challenges related to global demand fluctuations, pricing pressures, and regulatory changes.

Company Background

Gujarat Alkalies & Chemicals, with its registered office in Vadodara, Gujarat, is a key player in the alkalies and chemicals sector. The company has been focusing on promoting green technology as part of its corporate strategy.

Shareholder Communication

In a separate development, Gujarat Alkalies & Chemicals has recently taken steps to enhance its shareholder communication and compliance with regulatory requirements. The company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, has initiated a process to update shareholder information for those holding shares in physical form.

This move is in line with the Securities and Exchange Board of India (SEBI) circulars aimed at improving investor services and promoting the dematerialization of physical shares. Shareholders are being requested to register their PAN, KYC details, and nominations.

Looking Ahead

As Gujarat Alkalies & Chemicals navigates through this challenging period of reduced exports, stakeholders will be keenly watching how the company adapts its strategies to mitigate the impact on its business operations and financial performance. The coming months will be crucial in determining the company's ability to recover and stabilize its export numbers in an increasingly competitive global chemical market.