Corporate actions14 Oct 2026 · Tue 8:48 PM
GSFCGujarat State Fertilizers & Chemicals
GSFC's board approves phosphoric and sulphuric acid plants at Sikka
GSFC disclosed on Tuesday that its board approved a 600 MTPD phosphoric acid plant and a 1,800 MTPD sulphuric acid plant at Sikka.
Price, Tuesday's close₹147.04▼ 0.92%
Last 5 days
52-week low ₹134.5052-week high ₹193.12
- Sector
- Fertilisers and chemicals
What happened
- The board approved the two plants at the company's Sikka complex in Jamnagar, as disclosed on 13 October, according to Sahi.
- Sahi gave the annual capacities as 198 KTPA of phosphoric acid and 594 KTPA of sulphuric acid. It said no construction timeline or capital cost was stated.
- ScanX's round-up carried the same approval.
- Sahi put GSFC's June-quarter revenue at ₹3,581 crore, up 65%. The shares closed at ₹147.04 on Tuesday, down 0.92%, per Zerodha Kite.
Why it matters
Sahi stated neither a capital cost nor a construction timeline for the plants.
Good to know: MTPD means metric tonnes per day and KTPA thousand tonnes per annum. The first is a daily design capacity and the second the annual figure Sahi quoted.
Key facts
- Phosphoric acid
- 600 MTPD (198 KTPA)
- Sulphuric acid
- 1,800 MTPD (594 KTPA)
- Site
- Sikka, Jamnagar
- Capex and timeline
- Not stated (per Sahi)
Read the source
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