Gujarat Alkalies and Chemicals Limited Appoints Sanjay Joshi as Independent Director

2 min read     Updated on 31 Dec 2025, 06:00 PM
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Overview

Gujarat Alkalies and Chemicals Limited announced the appointment of Mr. Sanjay Joshi as Additional and Non-Executive Independent Director effective January 1, 2026, subject to shareholder approval. Mr. Joshi, a chemical engineer with over four decades of experience in oil and gas, refining, and petrochemicals sectors, currently serves as independent director at Ion Exchange (India) Ltd. and holds various committee positions. The company has approved a postal ballot notice for shareholder approval, ensuring compliance with SEBI regulations and corporate governance requirements.

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Gujarat Alkalies & Chemicals Limited has announced the appointment of Mr. Sanjay Joshi as Additional and Non-Executive Independent Director, effective January 1, 2026. The appointment was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, and is subject to shareholder approval.

Appointment Details

The company has provided comprehensive details regarding the new appointment as required by regulatory guidelines:

Parameter: Details
Director Name: Mr. Sanjay Joshi
DIN: 01656787
Position: Additional and Non-Executive Independent Director
Effective Date: January 1, 2026
Approval Required: Subject to shareholder approval
Relationship: Not related to any Directors and Key Managerial Personnel

Professional Background

Mr. Sanjay Joshi brings extensive experience to the board, with over four decades of diverse professional experience in leadership roles across multiple industries. As a chemical engineer who began his career in 1980, he has developed significant expertise in several key areas:

  • Global exposure in engineering and project management
  • Focus on oil and gas, refining, petrochemicals, chemical projects and energy transition
  • Leadership experience across India, Oman, Abu Dhabi and the United Kingdom
  • Key role in expanding Aker Solutions' business in the upstream oil and gas sector
  • Established India as execution centre across the value chain of oil and gas industry

Recognition and Current Roles

Mr. Joshi's contributions to the engineering sector have been recognized through prestigious awards. In 2015, he was honoured with the "Business Leader of the Year in Engineering Services" award by the Chem TECH Foundation.

Currently, he holds several important positions:

  • Independent Director at Ion Exchange (India) Ltd.
  • Independent Director at Ion Exchange Engineering and Projects Limited
  • Non-executive Director at SLB Capturi India Private Ltd. (formerly Aker Carbon Capture India Private Limited)
  • Member of Audit committee and Risk management committee at Ion Exchange (India) Ltd.
  • Chairman of the CSR committee at Ion Exchange (India) Ltd.

Regulatory Compliance

The company has confirmed that Mr. Sanjay Joshi is not debarred from holding office of Director by virtue of any SEBI order or any such authority. The Board of Directors has also considered and approved the notice of Postal Ballot for seeking approval of shareholders for the appointment, ensuring full compliance with applicable provisions of the Companies Act, 2013 and SEBI regulations.

Next Steps

The appointment will proceed to shareholder approval through a postal ballot process, as approved by the Board of Directors. This step ensures adherence to corporate governance requirements and provides shareholders with the opportunity to formally approve the new board appointment.

Historical Stock Returns for Gujarat Alkalies & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-0.97%-5.23%-16.16%-33.28%+41.94%
Gujarat Alkalies & Chemicals
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Gujarat Alkalies and Chemicals ESG Score Rises to 68.3 in FY2024-25

1 min read     Updated on 20 Dec 2025, 03:00 PM
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Reviewed by
Riya DScanX News Team
Overview

Gujarat Alkalies & Chemicals received an improved ESG score of 68.3 with Grade B rating for FY2024-25, up from 63.8 in the previous year. The assessment was conducted independently by SESES ESG Research Private Limited, a SEBI-registered ESG Rating Provider. The company disclosed this information to stock exchanges on December 20, 2025, following regulatory requirements. The rating was based on publicly available data without direct engagement from the company.

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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.

Parameter Details
ESG Score FY2024-25 68.3 (Grade B)
ESG Score FY2023-24 63.8
Improvement 4.5 points
Rating Agency SESES ESG Research Private Limited
Assessment Period FY2024-25

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.

Historical Stock Returns for Gujarat Alkalies & Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-0.30%-0.97%-5.23%-16.16%-33.28%+41.94%
Gujarat Alkalies & Chemicals
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