GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED : SHAREHOLDING IN SUBSIDIARY TO REDUCE TO 11%

• Gujarat State Fertilizers & Chemicals Ltd. (GSFC) received approval from Government of Gujarat for revision in shareholding pattern of its subsidiary, Gujarat Port & Logistics Company Limited (GPLCL). • GSFC's stake in GPLCL will reduce to 11% from 60%. • The proposed revised shareholding shows Gujarat State Fertilizers & Chemicals Limited holding 11% (₹2,75,00,000), Gujarat Maritime Board 52% (₹13,00,00,000), Gujarat Industrial Development Corporation 26% (₹6,50,00,000), and Gujarat Rail Infrastructure Development Corporation 11% (₹2,75,00,000). • GPLCL is yet to commence operations, with no turnover as of 31/03/2026. • The company will take necessary actions and inform stock exchanges of material developments.

Gujarat State Fertilizers & Chemicals Ltd

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