
Dividend29 May 2026, 02:05 pm
GACL Recommends ₹17.70 Dividend (177%) for FY26
AI Summary
Gujarat Alkalies and Chemicals Ltd (GACL) has announced that its Board of Directors has recommended a dividend of ₹17.70 per equity share (177%) for the financial year ended March 31, 2026. The dividend is subject to shareholder approval at the upcoming Annual General Meeting and will be paid within 30 days of declaration. The company also approved setting up a 5000 TPA High Purity Grade Hydrogen Peroxide Plant at Dahej with an estimated investment of ₹67 Crores, expected to contribute approximately ₹42 crores to annual sales revenue.
Key Highlights
- GACL recommends a dividend of ₹17.70 per share (177%) for FY26.
- Dividend payment is subject to shareholder approval at the AGM.
- New 5000 TPA High Purity Hydrogen Peroxide Plant approved for Dahej.
- ₹67 Crore investment in the new Hydrogen Peroxide Plant.
- New plant is expected to add ₹42 crores to annual revenue.
Price Impact
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