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GHCL's board approved an additional capex of Rs 350 crore for the development of Zara Zumara Salt Field work in Kutch, Gujarat.
"The board of directors in their just concluded meeting held on November 27, 2024, has inter alia approved the additional capex of Rs 350 crore, which will be used for development of Zara Zumara Salt Field Work in Kutch, Gujarat," the filing read.
GHCL is an Indian multinational company, primarily engaged in the production of chemicals, textiles, and consumer products. Established in 1988, the company has diversified operations with a significant presence in the manufacturing of soda ash, which is used in industries like glass, detergents, and chemicals.
It is one of the largest soda ash producers in India, with a strong export market.
In addition to its chemical business, GHCL also has a textile division that manufactures home textile products, including bed linens, pillow covers, and curtains.
The company’s consumer product line includes edible oils and other FMCG items. GHCL has a strong focus on sustainability and innovation, implementing eco-friendly processes and technologies across its operations.
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