Gujarat Alkalies and Chemicals Limited (GACL) has disclosed a significant transaction involving its promoter, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). On 27 March 2026, GNFC acquired 10,600 equity shares of GACL at a total cost of ₹63,18,169.34, inclusive of all charges. This transaction was conducted on the National Stock Exchange (NSE).
The acquisition was reported under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. GNFC has committed to holding these shares for a minimum period of six months. Should there be an urgent need to sell the shares within this period, GNFC will seek the necessary approval from the Compliance Officer of GACL.
In addition to the recent purchase, GNFC had previously reported the acquisition of 4,60,340 equity shares on 21 March 2026. However, there was a shortfall in the delivery of 10,600 shares from the exchange side, which has now been rectified with this purchase.
GACL has been informed that GNFC will preserve relevant documents related to this transaction, such as the broker’s contract note and proof of payment, for a period of three years. These documents will be made available to the Compliance Officer or SEBI upon request.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).