Gujarat State Fertilizers & Chemicals has received approval for investment of up to Rs 28.85 crore in Vadodara Jal Sanchay (VJSPL), subsidiary of the Company, by way of equity contribution in one or more tranches. The funds raised by VJSPL from member companies, by way of equity participation, will be used for undertaking the project for Tertiary Treatment of Waste Water. The Board of Directors, at its meeting held on November 12, 2024 have granted its in-principle approval for the same. 

Gujarat State Fertilizers & Chemicals is principally engaged in production of fertilizers and chemicals.