Goyal Salt Limited announced that at its board meeting held on March 18, 2024, approved the expansion project at Chirai Moti, Gandhidham, Gujarat and projections for the same along with post facto approval of certain expenses already incurred in this regard. Existing Capacity: Refinery - 700 Tonnes Per Day; Washery -- 200 Tonnes Per Day. Existing Capacity Utilization at Nawa Plant, Rajasthan: 70% of the existing capacity, which is considered optimum having regard to various factors.

Proposed Capacity Addition at Gandhidham Plant, Gujarat: Refinery - 1,200 Tonnes Per Day. Period within which the proposed capacity is to be added: Six to Nine Months. Investment: INR 350 million.

Mode of Financing: Debt: 57.14%; Retained Earnings: 42.86%.