Corporate Announcement
Security Code : 500690    Company : GSFC    
 
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  Exchange Disseminated Time     
Gujarat State Fertilizers & Chemicals Ltd has informed BSE that Department of Fertilizers vide Office Memorandum dated March 18, 2013, inter alia, had sought not only to recover subsidy only on Ammonium Sulphate fertilizer produced by GSFC under the Nutrient Based Subsidy scheme of Govt. of India w.e.f. April 01, 2010 but to stop the same on said fertilizer. Being aggrieved by the order, the Company filed a writ petition in the Hon. High Court of Delhi which issued notice on the entire writ petition and stayed the recovery of subsidy. The mailer is now pending before the High Court of Delhi.
 

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