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Gujarat Alkalies & Chemicals Ltd
Gujarat Alkalies & Chemicals Ltd Company History
Gujarat Alkalies & Chemicals is a multi-product chemical manufacturing Company, having various products in its basket and is one of the leading manufacturer of Caustic Soda Lye.
2002
Appoints Mr P K Taneja as Managing Director of the company.
2002
2003
Appoints Mr A K Pradhan as the Government Director and Chairman of the company.
Appoints Mr P K laheri as the Director & Chairman of the company.
UTI Asset Management Company sells 921849 shares of the company in the secondary market.
2003
2004
Comes out with a rights issue of 2,75,41,966 Equity Shares of Rs.10/- each for cash at a premium of Rs.2.50 per share aggregating to Rs.3442.75 lacs, which opened on February 09, 2004 and closed on March 10, 2004. The ratio is 3:5 (3 right equity shares for every 5 shares held)
2004
2007
The State-owned Gujarat Alkalies and Chemicals Ltd (GACL) has secured the National Award for Excellence In Cost Management-2006, instituted by the Institute of Cost and Works Accountants of India (ICWAI).
2007
2009
Gujarat Alkalies & Chemicals Ltd has appointed Shri S Jagadeesan, IAS as a Director on the Board of Directors of the Company w.e.f. January 27, 2009.
Gujarat Alkalies & Chemicals Ltd has informed BSE that Shri. Jayant Narayan Godbole has been appointed as an Independent Director on the Board of Directors of the Company w.e.f. March 04, 2009.
2009
2011
The Company has commissioned its new 14000 TPA Hydrogen Peroxide Plant (on 100% basis) at Dahej Complex.
2011
2012
The Company has recommended a Dividend of Rs.3/- per Equity Share (30% per equity share of Rs.10/- each fully paid-up.
Gujarat Alkalies & Chemicals Ltd (GACL) has offered the dealers with online order booking of its caustic and other chemical products in order to bring transparency in pricing and efficiency in booking mechanism, said the media reports.
2012
2013
The Company has recommended a Dividend of Rs. 3.50 per Equity Share of Rs. 10/- each fully paid-up (35%) for the year ended March 31, 2013.
2013
2014
The Comapny received Safety Awards - 2013
Gujarat Alkalies and Chemicals Ltd. has appointed Rajiv I. Modi, Chairman & Managing Director of Cadila Pharmaceuticals and Pallavi S. Shroff, Partner of M/s. Amarchand & Mangaldas & Suresh A. Shroff & Co., as Independent Directors of the Company.
2014
2015
Gujarat Alkalies signs deal with CSIR-IICT for hydrazine hydrate
Guj. Alkalie & C Press Note on GACL's innovative step towards multi-model logistics
GACL commences piped supply of products from Dahej plant
GACL, NALCO inaugurates registered office of new JV Co
2015
2016
Gujarat Alkalies and Chemicals Ltd has "Updates on JV Project with NALCO".
2016
2017
GACL has implemented SAP ERP which has become effective from 1st October, 2017. The implementation of SAP would give both tangible and intangible benefits to the Company on account of seamless integration and business process.
National Aluminium Company Ltd (NALCO) and GACL have launched a joint venture, GNAL, to set up the Rs 1,800-crore caustic soda plant.
The company implementing various projects on hand included setting up a Rs 1,800 crore caustic soda plant, establishment of 33,870 TPA food grade phosphoric acid unit at Dahej and a hydrogen peroxide (H2O2) plant, also in Dahej.
2017
2018
Guj. Alkalie & C - Merger Of Bhavnagar Energy Company Limited With Gujarat State Electricity Corporation Limite.
2018
2019
Guj. Alkalie & C update that remaining 12.5 MW Solar Power Plant has commissioned on 16th September, 2019 With this, the commissioning of entire 20 MW AC Solar Power Plant installation in phased manner at Charanka, is completed.
2019
2020
Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding ''Sub.: Updates on the establishment of Food Grade Phosphoric Acid Plant at Dahej.
Gujarat Alkalies and Chemicals Limited like to further update that all plants at our Baroda Complex have started operating at full capacity.
2020
2023
GACL signs Memorandum of Understanding with Vedanta Ltd.
GACL expands its Caustic Soda Lye Project and commissions the largest capacity Caustic Evaporation Unit in India at Dahej.
2023