Gujarat Alkalies and Chemicals logo

Gujarat Alkalies and Chemicals MD, chairman, board of directors and AGM

NSE: GUJALKALIBSE: 530001Chemicals & PetrochemicalsSmall Cap

Last close ₹541.10down ₹11.05 (2.00%)BSE ₹541.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹552.15.

52-week range of traded prices to 23 Oct 2026
₹409.15Low, 16 Mar 2026₹815.00High, 5 May 2026
Market cap
₹3,974 Cr839th largest listed
P/E
59.9
P/B
0.8
Dividend yield
3.27%
ROE
1.2%
ROCE
1.6%
Debt to equity
0.11
Volume, NSE
69,91238.3% delivered

Gujarat Alkalies and Chemicals board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonHasmukh Adhia
  • Managing directorAVANTIKASING AULAKH
  • Company Secretary and Compliance OfficerSANJAY S BHATT

8 directors5 independent1 executive2 non-executive

  • Hasmukh Adhia · ChairpersonNominee, non-executive · joined Jun 2023 · reappointed Jun 2023 · 2 listed boards
  • NATARAJAN THIRUVENKADAMNon-executive · joined Sep 2024 · reappointed Sep 2024 · 5 listed boards · 6 committee seats
  • Bimal JulkaIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Nitin Chandrashanker ShuklaIndependent · joined Mar 2022 · reappointed Mar 2022 · 54 months as independent · 4 listed boards · 4 as independent · 4 committee seats, 1 as chair
  • Shridevi Niranjan ShuklaIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Chinmay GhoroiIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • SANJAY VITHALRAO JOSHIIndependent · joined Jan 2026 · reappointed Jan 2026 · 9 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • AVANTIKASING AULAKH · Managing directorExecutive · joined Feb 2025 · reappointed Feb 2025 · 3 listed boards · 5 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

4 directors who left
  • SYED JAWAID HAIDER, left 31 Dec 2025: Others
  • Rajiv Lochan Jain, left 31 Dec 2025: Tenure Completion
  • Rahul Babulal Gupta, left 10 Feb 2025: Others
  • Swaroop P, left 3 Feb 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 23 Jul 20268 of 8 present5 independent · 54 days in between
    • 29 May 20268 of 8 present5 independent

  • Audit Committee

    Chair Nitin Chandrashanker Shukla

    Shridevi Niranjan Shukla, Chinmay Ghoroi, AVANTIKASING AULAKH

    • 22 Jul 20264 of 4 present3 independent · 54 days in between
    • 28 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Nitin Chandrashanker Shukla

    Bimal Julka, Shridevi Niranjan Shukla

    • 22 Jul 20263 of 3 present3 independent · 54 days in between
    • 28 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Bimal Julka

    Nitin Chandrashanker Shukla, AVANTIKASING AULAKH

    • 22 Jul 20263 of 3 present2 independent · 54 days in between
    • 28 May 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Nitin Chandrashanker Shukla

    Chinmay Ghoroi, SANJAY VITHALRAO JOSHI, AVANTIKASING AULAKH

    • 28 May 20264 of 4 present3 independent

  • Corporate Social Responsibility Committee

    Chair Bimal Julka

    Nitin Chandrashanker Shukla, Shridevi Niranjan Shukla, Chinmay Ghoroi, AVANTIKASING AULAKH

    • 22 Jul 20265 of 5 present4 independent · 54 days in between
    • 28 May 20265 of 5 present4 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Prakash Chandra Jain & Co.Peer-review certificate valid to Aug 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Gujarat Alkalies and Chemicals AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Gujarat Alkalies and Chemicals dividend history

Annual general meeting, 25 Sep 2026

68,120 shareholders on the register on 18 Sep 2026; present: 7 promoters and 86 others; votes counted by Sushil Samdani / Samdani Shah & Kabra.The company's voting result (opens in a new tab)

  1. To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 56.67% · promoters 100.00% · institutions 93.73% · other public 0.67%

  2. To declare Dividend at the rate of Rs.17.70 per Equity Share (@ 177%) of Rs.10/- each fully paid up, for the Financial Year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.73%

    Turnout: all 56.73% · promoters 100.00% · institutions 94.31% · other public 0.67%

  3. To appoint a Director in place of Dr. T. Natarajan, IAS (DIN: 00396367) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.34% · other public 0.95%

    Turnout: all 56.73% · promoters 100.00% · institutions 94.31% · other public 0.67%

  4. To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants, Vadodara (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year commencing from 01.04.2026 to 31.03.2027.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.80%

    Turnout: all 56.73% · promoters 100.00% · institutions 94.31% · other public 0.67%

  5. To consider and approve Material Related Party Transaction(s) for supply of goods & services and interest liability inter-se interchangeable on CCD with GACL-NALCO Alkalies & Chemicals Private Limited, a Material Subsidiary of the Company.MoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.78%

    Turnout: all 9.45% · promoters 0.00% · institutions 94.31% · other public 0.67%

  6. To consider and approve Material Related Party Transaction(s) of Subsidiary Company i.e. GACL-NALCO Alkalies & Chemicals Private Limited (GNAL) with its Related Party i.e. National Aluminium Company Limited (NALCO) for supply of caustic soda & other products and interest liability inter-se interchangeable on CCD.MoreLess
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.78%

    Turnout: all 9.45% · promoters 0.00% · institutions 94.31% · other public 0.67%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 21 Mar 2026, 1 resolution

69,931 shareholders on the register on 13 Feb 2026; votes counted by Suresh Kumar Kabra / Samdani Shah & Kabra.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF SHRI SANJAY JOSHI (DIN: 01656787) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 55.58% · promoters 100.00% · institutions 94.37% · other public 8.15%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 8 resolutions

72,909 shareholders on the register on 19 Sep 2025; present: 7 promoters and 78 others; votes counted by NIRAJ TRIVEDI / NIRAJ TRIVEDI.The company's voting result (opens in a new tab)

  1. To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon; (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025 and the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.57% · promoters 100.00% · institutions 91.76% · other public 12.94%

  2. To declare Dividend at the rate of Rs.15.80 per Equity Share (@ 158%) of Rs.10/- each fully paid-up, for the Financial Year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.62% · promoters 100.00% · institutions 92.78% · other public 12.94%

  3. To appoint a Director in place of Dr. Hasmukh Adhia, IAS (Retd.) (DIN: 0009397 4) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 57.62% · promoters 100.00% · institutions 92.78% · other public 12.94%

  4. To approve appointment of M/s Samdani Shah & Kabra, Company Secretaries, Vadodara as the Secretarial Auditors of the Company for Five years from 01.04.2025 to 31.03.2030 for conducting Secretarial Audit of the Company.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.62% · promoters 100.00% · institutions 92.78% · other public 12.94%

  5. To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants in Practice (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year ending on 31st March, 2026.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 57.62% · promoters 100.00% · institutions 92.78% · other public 12.94%

  6. To consider and approve Material Related Party Transaction(s) for supply of products & services with GACL-NALCO Alkalies & Chemicals Private Limited, a Material Subsidiary of the Company.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 11.34% · promoters 0.00% · institutions 92.78% · other public 12.94%

  7. To consider and approve Material Related Party Transaction(s) of Compulsory Convertible Debentures (CCD) issued by GACL-NALCO Alkalies & Chemicals Private Limited, a Material Subsidiary of the Company.MoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 11.34% · promoters 0.00% · institutions 92.78% · other public 12.94%

  8. To consider and approve Material Related Party Transaction(s) of Subsidiary Company i.e. GACL-NALCO Alkalies & Chemicals Private Limited (GNAL) with its Related Party i.e. National Aluminium Company Limited (NALCO).MoreLess
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 11.34% · promoters 0.00% · institutions 92.78% · other public 12.94%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 5 Jul 2025, 1 resolution

77,497 shareholders on the register on 30 May 2025; votes counted by Niraj Trivedi / Niraj Trivedi.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF SHRI S J HAIDER, IAS (DIN: 02879522) AS A DIRECTOR OF THE COMPANY
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.66% · other public 0.09%

    Turnout: all 54.26% · promoters 100.00% · institutions 68.53% · other public 8.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Apr 2025, 1 resolution

77,280 shareholders on the register on 17 Mar 2025; votes counted by Niraj Trivedi / Niraj Trivedi.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF SMT. AVANTIKA SINGH AULAKH, IAS (DIN.:07549438) AS A MANAGING DIRECTOR OF THE COMPANY.
    Ordinary
    99.44% for0.56% against

    Against: promoters 0.00% · institutions 7.33% · other public 0.07%

    Turnout: all 54.19% · promoters 100.00% · institutions 68.53% · other public 8.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2024, 8 resolutions

Present: 7 promoters and 75 others.The company's voting result (opens in a new tab)

  1. 1 - To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2024 together with the Reports of the Board of Directors and Auditors thereon; (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Report of Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 54.11% · promoters 100.00% · institutions 68.15% · other public 8.28%

  2. 2 - To declare Dividend at the rate of Rs. 13.85 per Equity Share (@138.50%) of Rs. 10/- each fully paid-up, for the Financial Year ended 31st March, 2024.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  3. 3 - To appoint a Director in place of Dr. Hasmukh Adhia, IAS (Retd.) (DIN: 00093974) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 1.54% · other public 0.08%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  4. 4 - To consider appointment of M/s Prakash Chandra Jain & Co., Chartered Accountants, Vadodara (Firm Registration No. 002438C), as the Statutory Auditors of the Company to hold office from the conclusion of this 51st Annual General Meeting (AGM) till the conclusion of 56th AGM i.e. for a period for a period of five (5) consecutive years.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  5. 5 - To consider appointment of Shri Bimal Julka, IAS (Retd.) (DIN: 03172733) as an Independent Director of the Company, not liable to retire by rotation and to hold office for a term of five (5) consecutive years, effective from 11th July 2024MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.11%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  6. 6 - To consider appointment of Dr. Chinmay Ghoroi, (DIN: 10697793) as an Independent Director of the Company, not liable to retire by rotation and to hold office for a term of five (5) consecutive years, effective from 11th July 2024MoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.12%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  7. 7 - To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants, Vadodara (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year commencing from 01.04.2024 to 31.03.2025.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

  8. 8 - To consider appointment of Dr. T. Natarajan, IAS, (DIN: 00396367) as a Director of the Company, liable to retire by rotation.
    Ordinary
    99.89% for0.11% against

    Against: promoters 0.00% · institutions 1.45% · other public 0.08%

    Turnout: all 54.17% · promoters 100.00% · institutions 69.19% · other public 8.28%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 5 Jan 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Appointment of Dr. Rahul Gupta, IAS (DIN : 08572955) as a Director of the Company.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 2.74% · other public 0.25%

    Turnout: all 52.16% · promoters 100.00% · institutions 48.55% · other public 7.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2023, 6 resolutions

Present: 7 promoters and 74 others.The company's voting result (opens in a new tab)

  1. 1 - To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023 together with the Reports of the Board of Directors and Auditors thereon, (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the Report of the Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 51.84% · promoters 100.00% · institutions 42.13% · other public 7.89%

  2. 2 - To declare Dividend at the rate of Rs. 23.55 per Equity Share (@235.50%) of Rs 10/- each fully paid- up, for the Financial Year ended 31st March, 2023.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 51.91% · promoters 100.00% · institutions 43.87% · other public 7.89%

  3. 3 - To appoint a Director in place of Shri J P Gupta, IAS (DIN: 01952821) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    Ordinary
    98.06% for1.94% against

    Against: promoters 0.00% · institutions 59.22% · other public 0.11%

    Turnout: all 51.91% · promoters 100.00% · institutions 43.87% · other public 7.89%

  4. 4 - To Reclassify and increase in Authorised Share Capital of the Company and amendment in Memorandum of Association of the Company in this regards.
    Special
    97.72% for2.28% against

    Against: promoters 0.00% · institutions 69.79% · other public 0.08%

    Turnout: all 51.91% · promoters 100.00% · institutions 43.87% · other public 7.89%

  5. 5 - To amend Authorised Share Capital clause of the Articles of Association of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 51.91% · promoters 100.00% · institutions 43.87% · other public 7.89%

  6. 6 - To ratify and approve the remuneration of M/s. Y.S. Thakar & Co., Cost Accountants in practice (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year ending on 31st March, 2024.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 51.91% · promoters 100.00% · institutions 43.87% · other public 7.89%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 25 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Report of Auditors thereon.MoreLess
    1 for0 against
  • To declare Dividend at the rate of Rs.17.70 per Equity Share (@ 177%) of Rs.10/- each fully paid up, for the Financial Year ended 31st March, 2026.
    1 for0 against
  • To appoint a Director in place of Dr. T. Natarajan, IAS (DIN: 00396367) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    1 for0 against
  • To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants, Vadodara (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year commencing from 01.04.2026 to 31.03.2027.MoreLess
    1 for0 against
  • To consider and approve Material Related Party Transaction(s) for supply of goods & services and interest liability inter-se interchangeable on CCD with GACL-NALCO Alkalies & Chemicals Private Limited, a Material Subsidiary of the Company.MoreLess
    1 for0 against
  • To consider and approve Material Related Party Transaction(s) of Subsidiary Company i.e. GACL-NALCO Alkalies & Chemicals Private Limited (GNAL) with its Related Party i.e. National Aluminium Company Limited (NALCO) for supply of caustic soda & other products and interest liability inter-se interchangeable on CCD.MoreLess
    1 for0 against

Mutual fund votes, meeting of 21 Mar 2026, 2 fund houses

  • APPOINTMENT OF SHRI SANJAY JOSHI (DIN: 01656787) AS AN INDEPENDENT DIRECTOR OF THE COMPANY.
    2 for0 against
6 earlier meetings

Mutual fund votes, meeting of 26 Sep 2025, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon; (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2025 and the Report of the Auditors thereon.MoreLess
    2 for0 against
  • To declare Dividend at the rate of Rs.15.80 per Equity Share (@ 158%) of Rs.10/- each fully paid-up, for the Financial Year ended 31st March, 2025.
    2 for0 against
  • To appoint a Director in place of Dr. Hasmukh Adhia, IAS (Retd.) (DIN: 0009397 4) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    2 for0 against
  • To approve appointment of M/s Samdani Shah & Kabra, Company Secretaries, Vadodara as the Secretarial Auditors of the Company for Five years from 01.04.2025 to 31.03.2030 for conducting Secretarial Audit of the Company.MoreLess
    2 for0 against
  • To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants in Practice (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year ending on 31st March, 2026.MoreLess
    2 for0 against
  • To consider and approve Material Related Party Transaction(s) of Compulsory Convertible Debentures (CCD) issued by GACL-NALCO Alkalies & Chemicals Private Limited, a Material Subsidiary of the Company.MoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Non-Disclosure of Basis of Arm’s Length Pricing.
    1 for1 against
  • To consider and approve Material Related Party Transaction(s) of Subsidiary Company i.e. GACL-NALCO Alkalies & Chemicals Private Limited (GNAL) with its Related Party i.e. National Aluminium Company Limited (NALCO).MoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Non-Disclosure of Basis of Arm’s Length Pricing.
    1 for1 against
1 proposal not matched to one resolution
  • To continue with the existing contract(s)/arrangement(s)/ transaction(s) and/or enter into/execute new contract(s)/ arrangement(s)/ transaction(s) by way of an individual transaction or transactions taken together or a series of transactions or by any other way between the Company and GACL-NALCO Alkalies and Chemicals Private Limited (GNAL), (a subsidiary of the Company and a related party within the meaning of Section 2(76) of the Companies Act, 2013 and Regulation 2(1)(zb) of the Listing Regulations) for an aggregate value not exceeding Rs. 1000 Crore, during the Financial Year 2025-26 subject to such contract(s) / arrangement(s) / agreement(s) / transaction(s) being carried out in the ordinary course of business and at an arm’s length basis.MoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concern: Non-Disclosure of Basis of Arm’s Length Pricing.
    1 for1 against

Mutual fund votes, meeting of 5 Jul 2025, 1 fund house

  • APPOINTMENT OF SHRI S J HAIDER, IAS (DIN: 02879522) AS A DIRECTOR OF THE COMPANY
    1 for0 against

Mutual fund votes, meeting of 22 Apr 2025, 6 fund houses

  • APPOINTMENT OF SMT. AVANTIKA SINGH AULAKH, IAS (DIN.:07549438) AS A MANAGING DIRECTOR OF THE COMPANY.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Director holds 2 Full-Time positions as Managing Director, GACL and Secretary to Hon'ble Chief Minister, Govt. of Gujarat (GoG) due to which the proposed appointee may not be able to devote sufficient time towards the affairs of the Company
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. No concern on the merits of proposed appointee. Governance concern: Director holds 2 Full-Time positions as MD, GACL and Secretary to Hon'ble Chief Minister, Govt. of Gujarat (GoG).
    2 for4 against

Mutual fund votes, meeting of 26 Sep 2024, 4 fund houses

  • 1 - To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2024 together with the Reports of the Board of Directors and Auditors thereon; (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2024 and the Report of Auditors thereon.MoreLess
    4 for0 against
  • 2 - To declare Dividend at the rate of Rs. 13.85 per Equity Share (@138.50%) of Rs. 10/- each fully paid-up, for the Financial Year ended 31st March, 2024.
    4 for0 against
  • 3 - To appoint a Director in place of Dr. Hasmukh Adhia, IAS (Retd.) (DIN: 00093974) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    4 for0 against
  • 4 - To consider appointment of M/s Prakash Chandra Jain & Co., Chartered Accountants, Vadodara (Firm Registration No. 002438C), as the Statutory Auditors of the Company to hold office from the conclusion of this 51st Annual General Meeting (AGM) till the conclusion of 56th AGM i.e. for a period for a period of five (5) consecutive years.MoreLess
    4 for0 against
  • 5 - To consider appointment of Shri Bimal Julka, IAS (Retd.) (DIN: 03172733) as an Independent Director of the Company, not liable to retire by rotation and to hold office for a term of five (5) consecutive years, effective from 11th July 2024MoreLess
    4 for0 against
  • 6 - To consider appointment of Dr. Chinmay Ghoroi, (DIN: 10697793) as an Independent Director of the Company, not liable to retire by rotation and to hold office for a term of five (5) consecutive years, effective from 11th July 2024MoreLess
    4 for0 against
  • 7 - To ratify and approve the remuneration of M/s. Y. S Thakar & Co., Cost Accountants, Vadodara (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year commencing from 01.04.2024 to 31.03.2025.MoreLess
    4 for0 against
  • 8 - To consider appointment of Dr. T. Natarajan, IAS, (DIN: 00396367) as a Director of the Company, liable to retire by rotation.
    4 for0 against

Mutual fund votes, meeting of 5 Jan 2024, 8 fund houses

  • Appointment of Dr. Rahul Gupta, IAS (DIN : 08572955) as a Director of the Company.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of director. Governance Concern: Director holds 2 Full-Time positions.
    6 for2 against

Mutual fund votes, meeting of 26 Sep 2023, 8 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • 1 - To consider and adopt the (i) Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023 together with the Reports of the Board of Directors and Auditors thereon, (ii) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2023 and the Report of the Auditors thereon.MoreLess
    7 for0 against
  • 2 - To declare Dividend at the rate of Rs. 23.55 per Equity Share (@235.50%) of Rs 10/- each fully paid- up, for the Financial Year ended 31st March, 2023.
    7 for0 against
  • 3 - To appoint a Director in place of Shri J P Gupta, IAS (DIN: 01952821) who retires by rotation at this Annual General Meeting and being eligible, offers himself for reappointment.
    7 for0 against
  • 4 - To Reclassify and increase in Authorised Share Capital of the Company and amendment in Memorandum of Association of the Company in this regards.
    8 for0 against
  • 5 - To amend Authorised Share Capital clause of the Articles of Association of the Company.
    7 for0 against
  • 6 - To ratify and approve the remuneration of M/s. Y.S. Thakar & Co., Cost Accountants in practice (Firm Registration No. 000318) as Cost Auditors of the Company for the Financial Year ending on 31st March, 2024.MoreLess
    6 for0 against
6 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • To approve , Appointment of Cost Accountant.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.