GSFC has submitted a regulatory disclosure under SEBI Listing Regulations (Regulation 30) regarding board approval for a major capacity expansion project. The disclosure is in response to a letter dated October 13, 2026, intimating about the board approval and an email from BSE Limited dated October 14, 2026, seeking additional details.
The Board of Directors has approved the setting up of a Phosphoric Acid (PA) and Sulphuric Acid (SA) Plant at the company's Sikka Unit located in Jamnagar, Gujarat. The project will have a planned capacity of 600 Metric Tons Per Day (MTPD) for Phosphoric Acid and 1,800 MTPD for Sulphuric Acid, along with associated offsite facilities and utilities.
This expansion is described as part of the company's strategic growth and backward integration roadmap, specifically aimed at ensuring a reliable internal supply of raw materials for its operations.
The disclosure notes that additional details required under the SEBI Master Circular (reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026) will be provided at the time of plant commissioning, rather than at the approval stage.
The Board meeting where this approval was granted commenced at 5:10 p.m. Indian Standard Time (IST) and concluded at 6:30 p.m. IST on October 13, 2026.
The disclosure was signed by Nidhi Pillai, Company Secretary & Vice President (Legal & HRS) (Membership No.: A15142) on behalf of Gujarat State Fertilizers & Chemicals Ltd., with contact email provided as investors@gsfcltd.com.
Financial Impact
Financial impact not quantified in the disclosure. The company has deferred providing specific financial details until the commissioning stage as permitted under SEBI regulations.