GACL – 48th ANNUAL GENERAL MEETING HELD ON 23rd SEPTEMBER, 2021

Gujarat Alkalies and chemicals Ltd. successfully conducted its 48th Annual General Meeting on 23rd September 2021 through a video conference facility/oavm. Shri Pankaj Kumar, IAS, Chairman of the Company presided over the meeting. Shri Milind Torawane, IAS, Managing Director of the Company provided clarification to the shareholders on questions that were raised during the meeting. Sharing about the working efficiency, the Chairman added that during the Financial Year 2020-21, the Company has achieved capacity utilization of more than 100% in some of the products viz. Caustic Soda Lye, Chloromethanes, Caustic Potash Flakes and Hydrogen Peroxide. Talking about the operations, he stated that despite the interruption in the Operations and the Supply Chain during the year due to the Covid-19 pandemic, GACL achieved an External Sales Turnover of Rs. 2,344 Crores, Profit Before Tax of Rs.236 Crores and Profit After Tax of Rs.167 Crores.