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GHCL LTD. - 500171 - Corona Virus - COVID - 19: Temporary Closure Of Soda Ash Plants Sutrapada, Veraval Gujarat, Pursuant To The Lock-Down Announcement Made By Hon'Ble Prime Minister Of India.

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with Para B of Part A of Schedule III of said regulations, the management of GHCL has decided to temporarily close down its Soda Ash operation due to lock-down announced by the Hon'ble Prime Minister of India from March 27 till April 14, 2020. GHCL cares its employees and to provide the health and safety to them against the risk of Corona Virus (Covid-19), all the employees are advised to follow the safety measures to protect themselves from the risks of Corona Virus. The company shall initiate the process for resuming its production on or after April 15, 2020 depending upon the direction of the Govt. of India and local District Administration.
27-03-2020
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GHCL LTD. - 500171 - Corona Virus - COVID - 19: Temporary Closure Of Home Textiles Division Vapi, Gujarat And Yarn Division ( Paravai And Manaparai) Tamilnadu, Pursuant To The Lock-Down Announcement Made By Hon'Ble Prime Minister Of India On March 24, 2020

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our earlier communication dated March 21, 2020 and March 23, 2020 regarding temporary closure of Home Textiles Division Vapi Gujarat and Yarn Division of the company located at Paravai and Manaparai, Tamilnadu, respectively, we would like to inform that the closure of operations at Home Textiles Vapi and Yarn Division shall continue until April 14, 2020 and expected to resume its operations on or after April 15, 2020 depending upon the direction of the Govt. of India and local district administration. The decision to extend the closure of operations is taken to support the wellbeing of our employees and other stakeholders who are directly or indirectly engaged in the operations of the company.
26-03-2020
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GHCL LTD. - 500171 - Corona Virus - COVID - 19: Temporary Closure Of Yarn Division, Paravai And Manaparai, Tamilnadu, Pursuant To The Imposition Of Section 144 Of The Crpc By The Govt. Of Tamilnadu.

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with Para B of Part A of Schedule III of said regulations and in order to comply with the conditions of Section 144 of the CrPC imposed by the Govt. of Tamilnadu.
24-03-2020
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GHCL LTD. - 500171 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

Intimation for loss of original share certificate by shareholder under Regulation 39(3) of the SEBI (LODR) Regulations, 2015 Pursuant to Regulation 39(3) of the SEBI (LODR) Regulations, 2015, we would like to inform that the following shareholder has reported to the company / RTA (i.e. Link Intime India Pvt. Ltd.) about loss of share certificates and requested for issue of duplicate share certificates
23-03-2020
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GHCL LTD. - 500171 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Filing of Transcript regarding Investors' conference held on March 17, 2020 In continuation to our earlier communication dated March 16, 2020 regarding Investors' conference on March 17, 2020. We are pleased to attach copy of the transcript regarding said Investors' conference held with the management on March 17, 2020 for your reference and record.
23-03-2020
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GHCL LTD. - 500171 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neelabh Dalmia
23-03-2020
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Call: GHCL discusses buyback, demerger and coronavirus

GHCL had a conference call with analysts to address questions on its buyback. Click on pdf to read full transcript. Key Remarks by Management The company has completed the buyback in a record time of one month, intending an outlay of Rs.70 Crores. In addition to this, the board has recently concluded board meeting has approved an interim dividend of Rs.3 per share with a total outlay of Rs.34 Crores. This has been made possible due to sound business performance and strong operating cash flows. On doing another buyback at current low price due to market crash: "Buyback has certain provisions under which the company cannot buyback between one buyback to another buyback, there has to be gap of twelve months. The first buyback we have already completed on end of February, any further buyback under the provision of the company’s act and the SEBI regulation, we cannot have within one year. Of course, opportunity is there but legally we cannot do that right now." Demerger: the board has approved for a scheme of demerger wherein both chemical and textile business has been split into separate entities. Both of which will be listed on the stock exchange upon NCLT approval. The services of GHCL will be allotted shares in the new company in the swap ratio of 1:1, one share of Rs.2 each for every share of Rs.10 held in the GHCL. Process will complete in 12-15 months. Coronavirus: the recent Coronavirus outbreak has resulted in not just health emergency across the world but is also raising concerns of global economic slowdown impacting various businesses. Though it is difficult to predict, how this will impact the businesses going forward; however, currently there is no major impact on each of our business segments.
22-03-2020
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GHCL LTD. - 500171 - Corona Virus - COVID - 19: Temporary Closure Of Home Textiles Division Vapi, Gujarat Pursuant To The Order Of District Magistrate Dated March 21, 2020

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 read with Para B of Part A of Schedule III of said regulations and in order to comply with the order of District Magistrate dated March 21, 2020, advising the industrial undertaking in the District of Valsad, Gujrat to temporarily close the industrial operations till March 29, 2020 to provide health and safety of their employees and workers against the risk of Corona Virus (COVID - 19), the management of GHCL has decided to temporarily close down its operations at Home Textiles Division Vapi from March 22 till March 29, 2020. The employees are advised to stay at their home and do not expose themselves to the risk of Corona Virus. The business operations are expected to be resumed on March 30, 2020.
21-03-2020
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GHCL LTD. - 500171 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anurag Dalmia
20-03-2020
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GHCL LTD. - 500171 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DSP Trustee Pvt Ltd
18-03-2020
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