Hot Pursuit     21-Jun-23
GMDC, Gujarat Alkalies gains on appointing Hasmukh Adhia as chairman, director
Shares of Gujarat Alkalies & Chemicals and Gujarat Mineral Development Corporation advanced 1.04% to 6.81% after Dr. Hasmukh Adhia, principal advisor to chief minister of Gujarat, has been appointed as the chairman and director with immediate effect.
Gujarat Alkalies & Chemicals rose 1.04% to Rs 684.10 while Gujarat Mineral Development Corporation surged 6.81% to Rs 172.50.

The appointment of Adhia as chairman and director has been done by the Government of Gujarat. Adhia succeeds Raj Kumar in Gujarat Alkalies.

Hasmukh Adhia, IAS is a Gujarat Cadre officer of Indian Administrative Services. He commands a very vast and varied experience. He is at present non-executive chairman of Bank of Baroda, and also the chancellor of Central University of Gujarat. He serves as a member of board of governors of Indian Institute of Management, Bangalore. He serves as vice president in Gujarat Energy Research and Management Institute (GERMI) and Pandit Deendayal Energy University, Gandhinagar.

Gujarat Alkalies & Chemicals is a multi-product chemical manufacturing company, having various products in its basket and is one of the leading manufacturers of caustic soda lye.

GMDC is one of the leading mining players in India. The state-owned company currently has five operational lignite mines located in Kutch, South Gujarat, and Bhavnagar region. It is purportedly the largest merchant seller of lignite in the country. As on 31 March 2023, Government of Gujarat holds 74% stake in the company.

Previous News
  Gujarat Mineral Development Corp. to convene AGM
 ( Corporate News - 16-Sep-24   10:29 )
  Gujarat Mineral Development Corp. to convene AGM
 ( Corporate News - 14-Sep-24   17:24 )
  Gujarat Alkalies & Chemicals to convene AGM
 ( Corporate News - 22-Aug-24   18:02 )
  Gujarat Alkalies & Chemicals reports consolidated net loss of Rs 44.53 crore in the June 2024 quarter
 ( Results - Announcements 09-Aug-24   07:30 )
  Board of Gujarat Alkalies & Chemicals approves change in CFO
 ( Corporate News - 08-Aug-24   17:51 )
  Gujarat Alkalies & Chemicals announces board meeting date
 ( Corporate News - 27-Jul-24   09:40 )
  Gujarat Mineral Development Corporation consolidated net profit declines 15.84% in the June 2024 quarter
 ( Results - Announcements 26-Jul-24   17:30 )
  Gujarat Mineral Development Corp. schedules board meeting
 ( Corporate News - 22-Jul-24   10:41 )
  Volumes soar at Metro Brands Ltd counter
 ( Hot Pursuit - 08-Jul-24   14:30 )
  Board of Gujarat Alkalies & Chemicals recommends special dividend
 ( Corporate News - 31-May-24   10:21 )
  Gujarat Alkalies & Chemicals reports consolidated net loss of Rs 46.19 crore in the March 2024 quarter
 ( Results - Announcements 31-May-24   07:33 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top