Gujarat Narmada Valley Fertilizers And Chemicals Limited
Promoter
The move
Gujarat Narmada Valley Fertilizers And Chemicals Limited increased its stake in Gujarat Alkalies and Chemicals Limited from 2.77% to 3.40% by buying 4,60,340 shares for ₹22.83 Cr at ₹495.91 apiece in a market purchase.
A multi-product chemical manufacturer headquartered in Gujarat, the company is one of India's leading producers of caustic soda lye and other alkaline chemicals. Its manufacturing facilities are strategically located in Dahej and Vadodara, serving diverse industrial sectors including textiles, paper, pharmaceuticals, and water treatment. The company operates integrated production processes designed for efficient large-scale chemical manufacturing and distribution across domestic and export markets.
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