The contract has been awarded to a domestic entity and is scheduled to be executed over a period of 20 months.
GNFC clarified that neither the promoter nor the promoter group has any interest in Toyo Engineering India, and the transaction does not fall under related party transactions.
Gujarat Narmada Valley Fert. & Chem is leading entities engaged in the manufacturing and selling of fertilizers, industrial chemical products and providing IT services.
The company’s consolidated net profit jumped 70.5% to Rs 179 crore on 2.7% rise in revenue from operations to Rs 1,968 crore in Q2 FY26 over Q2 FY25.
Shares of Gujarat Narmada Valley Fertilizers & Chemicals rose 0.10% to Rs 490.05 on the BSE.
"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."