GSFC Announces ₹4 Dividend, Sets September 9 Record Date for 63rd AGM

Vadodara, August 29, 2025: Gujarat State Fertilizers & Chemicals Limited (NSE: GSFC, BSE: 500690) has announced its 63rd Annual General Meeting (AGM) on Wednesday, September 24, 2025, at 3:00 p.m. IST. This meeting will be held via video conferencing/other audio-visual means, as per the MCA and SEBI circulars.

The company recommended a dividend of 4 per equity share (face value 2 each, i.e., 200%), subject to shareholder approval at the AGM. It has fixed Tuesday, September 9, 2025, as the record date to determine the entitlement of shareholders to receive the dividend, and the book closure period will be from September 10 to September 24, 2025. If approved, the dividend will be paid on or after Tuesday, September 30, 2025.

On 29 August 2025, the share price of Gujarat State Fertilizers & Chemicals closed at ₹197.80, up ₹0.77 (0.39%). The share opened at ₹198.10 and traded between ₹200.46 and ₹195.95 (high and low). The company has a P/E ratio of 12.26, compared to an industry average of 32.16.

Gujarat State Fertilizers & Chemicals Limited (GSFC), incorporated in 1962, is a leading Indian manufacturer of fertilizers and industrial chemicals. Headquartered in Vadodara, Gujarat, the company produces urea, ammonium sulfate, and a wide range of agrochemicals, as well as industrial products such as caprolactam, nylon, and melamine, serving both the agricultural and industrial sectors.

AGM Scheduled for September 24 via Video Conferencing

The Annual General Meeting (AGM) will be held on September 24, 2025, at 3:00 p.m. (IST) through Video Conferencing (VC)/OAVM, with the Registered Office of the Company at Fertilizernagar, Vadodara, as the deemed venue. The Book Closure dates are from September 10, 2025, to September 24, 2025. The record date is September 9, 2025. The dividend of ₹4.00 per share (200% on face value ₹2) will be paid on or after September 30, 2025.

GSFC Maintains Steady Dividend Over 5 Years with Proposed ₹4 Payout Marking 200% on Face Value

The company’s dividend has remained consistently unchanged over the last five years. In 2020, it was ₹2.20 per share (110%), in 2021 it was ₹1.20 (60%), in 2022 it was ₹2.20 (110%), in 2023 it was ₹2.50 (125%) and in 2024 it was ₹10.00 (500%). If approved at the upcoming AGM, the proposed dividend for 2025 is ₹4.00 per share (200% increase). The ex-date for this proposed dividend is September 9, 2024.

With the 63rd AGM scheduled for September 24, 2025, GSFC is set to reward shareholders with a proposed ₹4 dividend per share, subject to approval. The record date is September 9, and payments will follow from September 30. This consistent dividend policy underscores GSFC’s stable financial performance and commitment to shareholder returns.

REF: https://nsearchives.nseindia.com/corporate/GSFC_29082025142004_intimationofagm.pdf

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