Shares of GHCL Ltd surged 5% on Tuesday, trading at ₹707.20, following the Indian government’s decision to impose a minimum import price (MIP) of ₹20,108 per tonne on Disodium Carbonate, also known as soda ash. The notification, issued by the Directorate General of Foreign Trade (DGFT) on Monday, states that the regulation will remain effective until June 30, 2025.
GHCL Limited is one of India’s leading producers of Soda Ash (Anhydrous Sodium Carbonate), with an annual production capacity of 975 Thousand MTPA. Soda ash, a key ingredient in industries such as glass manufacturing, chemicals, and detergents, is vital to the domestic economy. This move is designed to protect local producers from the undervaluation of imported goods, ensuring industry competitiveness.
The DGFT clarified that the existing free import policy will resume from July 1, 2025, unless further revisions are announced. The policy aligns with the government’s strategy to bolster domestic industries, fostering economic resilience in critical sectors. GHCL, a major player in soda ash production, is expected to benefit significantly from this regulatory support, reflecting positively on its stock performance.
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