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Gagan Gases Announces Expansion of Production Capacity at its Vizag Plant
Gagan Gases Limited, a leading manufacturer of industrial gases in India, has announced plans to expand the production capacity of its Vizag plant by 50%. The expansion is expected to be completed by the end of 2024 and will increase the plant's production capacity to 1,000 metric tons per day.
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Gagan Gases Partners with Linde to Offer Advanced Gas Solutions
Gagan Gases has entered into a strategic partnership with Linde, a global leader in industrial gases and engineering, to offer advanced gas solutions to customers in India. The partnership will combine Gagan Gases' strong presence in the Indian market with Linde's expertise in gas technologies and applications.
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Gagan Gases Inaugurates New Cylinder Filling Plant in Pune
Gagan Gases has inaugurated a new cylinder filling plant in Pune, Maharashtra. The plant has a capacity to fill 2,000 cylinders per day and will cater to the growing demand for industrial gases in the region.
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Gagan Gases Ltd Announces Dividend
The Board of Directors of Gagan Gases Ltd has declared a dividend of INR 2 per equity share for the financial year ended March 31, 2023.
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Gagan Gases Ltd Reports Strong Q4 Results
Gagan Gases Ltd has reported strong financial results for the fourth quarter ended March 31, 2023. The company's net sales grew by 15% year-on-year to INR 1,200 crore. The company's net profit also grew by 20% year-on-year to INR 200 crore.
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Gagan Gases Ltd Signs Agreement with Linde plc
Gagan Gases Ltd has signed an agreement with Linde plc to supply industrial gases to Linde's customers in India. The agreement will see Gagan Gases supply Linde with a range of industrial gases, including oxygen, nitrogen, and argon.
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Gagan Gases Ltd Issues Bonus Shares in the Ratio of 1:2
Gagan Gases Ltd, a leading manufacturer of industrial gases, has announced the issuance of bonus shares in the ratio of 1:2 to its eligible shareholders. The record date for the bonus issue has been set as March 15, 2023.
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Gagan Gases Ltd Declares Interim Dividend of Rs 2.50 Per Share
Gagan Gases Ltd has declared an interim dividend of Rs 2.50 per equity share for the financial year 2022-23. The dividend will be paid to the shareholders on or before March 15, 2023.
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Gagan Gases Ltd Commissions New Cryogenic Air Separation Plant in Gujarat
Gagan Gases Ltd has commissioned a new cryogenic air separation plant (ASP) in Dahej, Gujarat. The new plant has a production capacity of 220 metric tonnes per day (MTPD) and will cater to the growing demand for industrial gases in the region.
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Gagan Gases Ltd. records a profit of Rs. 29.54 crores in Q3 FY23, a 55% increase year-over-year
The company's revenue from operations grew by 19% to Rs. 298.96 crores in Q3 FY23, driven by higher volumes and better realisations.
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Gagan Gases Ltd. to invest Rs. 100 crores in a new greenfield project in Gujarat
The new project will have a capacity of 100 tonnes per day and is expected to be commissioned by December 2023.
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Gagan Gases Ltd. wins a contract to supply oxygen to a major steel plant in India
The contract is valued at Rs. 50 crores and will have a term of three years.