General Updates

NO.SEC/2026 26th June, 2026 The Corporate Relationship Department The Manager, Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring 'Exchange Plaza', C/1, Block G Rotunda Bldg., P.J.Towers, Dalal Street Bandra-Kurla Complex Fort, MUMBAI - 400 001 Bandra (East), MUMBAI - 400 051 SCRIP CODE: 500690 SYMBOL: GSFC Sub.: Intimation of approval letter from Government of Gujarat for revision in shareholding pattern of Gujarat Port & Logistics Company Limited (“GPLCL”), subsidiary of the Company Ref.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/ Madam, We wish to inform that the Company has received a letter from the Government of Gujarat vide reference No. PTD/MSM/e-file/22/2022/1346/GH-1 dated 24/06/2026 addressed to Gujarat Port & Logistics Company Limited (“GPLCL”), subsidiary of the Company, approving revision in its shareholding pattern and composition of its Board of Directors, subject to the conditions mentioned therein. The letter was received by the Company on 25/06/2026. The Company holds 60% stake in GPLCL and pursuant to the above, the shareholding of the Company in GPLCL shall reduce to 11%. Pursuant to the said direction, the Company shall proceed to take all necessary actions in accordance with the letter and shall keep the Stock Exchanges informed of any further material developments, from time to time i.e. upon happening of actual event(s). The required details in compliance with the Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 are mentioned in the attached Annexure. Thanking you, Yours faithfully, For Gujarat State Fertilizers & Chemicals Ltd. Nidhi Pillai Company Secretary & Vice President (Legal & HRS) Membership No.: A15142 E-mail: investors@gsfcltd.com Annexure Details with respect to proposed sale or disposal of stake in the subsidiary pursuant to Regulation 30(2) read with Para A of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are as under: Sr. Details of events that needs to be Information of such event(s) No. provided a. The amount and percentage of the Gujarat Ports and Logistics Company Limited (“GPLCL”) is turnover or revenue or income and net yet to commence its operations. Hence the turnover as on worth contributed by such unit or 31/03/2026 is NIL. division or undertaking or subsidiary or associate company of the listed entity during the last financial year b. Date on which the agreement for sale Not applicable has been entered into c. The expected date of completion of Yet to be ascertained sale/disposal d. Consideration received from such Yet to be ascertained sale/disposal e. Brief details of buyers and whether any Please note the proposed revised shareholding pattern of of the buyers belong to the promoter/ Gujarat Ports and Logistics Company Limited (GPLCL) as promoter group/group companies. If under: yes, details thereof Name of Present holding Proposed holding shareholders Gujarat State Rs.1,20,00,000 Rs.2,75,00,000 Fertilizers & (60%) (11%) Chemicals Limited Gujarat Rs. 80,00,000 Rs.13,00,00,000 Maritime Board (40%) (52%) Gujarat -- Rs.6,50,00,000 Industrial (26%) Development Corporation Gujarat Rail -- Rs.2,75,00,000 Infrastructure (11%) Development Corporation Total Rs.2,00,00,000 Rs.25,00,00,000 f. Whether the transaction would fall At present no, however at the time of transaction if any the within related party transactions? If yes, same shall be informed to the stock exchanges from time to whether the same is done at “arm’s time and upon happening of an event. length” g. Whether the sale, lease or disposal of the Not applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations h. Additionally, in case of a slump sale, Not applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.