Gujarat Alkalies and Chemicals Limited (GACL) has reported a significant transaction involving its promoter, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC). On 18th March 2026, GNFC acquired 3,529 equity shares of GACL, valued at ₹15,22,014.61, inclusive of all charges.
The acquisition was executed through a market transaction on the National Stock Exchange of India (NSE). Prior to this purchase, GNFC held 17,59,996 equity shares, representing a 2.40% stake in GACL. Following the transaction, GNFC’s holding increased to 17,63,525 shares, maintaining the same percentage stake of 2.40% due to the small size of the acquisition relative to the total shareholding.
GNFC has committed to holding these newly acquired shares for a minimum period of six months. However, should there be an urgent need to sell these shares within this timeframe, GNFC will seek the necessary approval from the Compliance Officer of GACL.
This transaction was disclosed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates continual disclosure of changes in shareholding by promoters and other key stakeholders.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).