GHCL Limited Recommends Final Dividend for the Financial Year Ended March 31, 2018, Payable on or After June 4, 2018; Approves Appointment of Anurag Dalmia as Non-Executive Vice Chairman
April 25, 2018 at 04:58 am
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GHCL Limited announced that the Board of Directors at its meeting have recommended final dividend of INR 5.00 per share (i.e. 50% on paid up capital) for the financial year ended March 31, 2018. Dividend will be paid on or after June 4, 2018. if approved by the members in the up coming annual general meeting.
The company also approved the appointment of Mr. Anurag Dalmia as Non-executive Vice Chairman.
GHCL Limited is an India-based producer of anhydrous sodium carbonate (soda ash). The Company manufactures soda ash, a raw chemical for detergents, glass and ceramic industries, and sodium bicarbonate (baking soda). In addition, the Company also manufactures refined baking soda, which is a raw material for industries like bakery, pharma, fire extinguisher manufacturing and cleaning agents. Its soda ash finds application in a variety of consumer products ranging, such as soap, detergents, glass and others. Its soda ash is advertised under the brand name LION and comes in two grades: Light and Dense. The Companyâs soda ash manufacturing unit is based at Sutrapada, Gujarat with installed capacity of approximately 12,00,000 megatons per annum (MTPA). In addition, the plant produces 70,000 MTPA of refined baking soda. The Company operates through a single segment, Inorganic chemicals, which includes manufacture of soda ash.
GHCL Limited Recommends Final Dividend for the Financial Year Ended March 31, 2018, Payable on or After June 4, 2018; Approves Appointment of Anurag Dalmia as Non-Executive Vice Chairman