GSL Nova Petrochemicals

GSL Nova Petrochemicals Limited is a company primarily dealing in the real estate business, with its previous manufacturing activities currently suspended. Its core belief is the enhancement of shareholder value, achieved by consistently delivering maximum benefits to its investors and practicing good corporate governance. The company successfully maintains a cordial and peaceful relationship with all employees, receiving their wholehearted support across all levels of operations. Its principal business activity, accounting for 100% of turnover, involves the development and subdivision of real estate into plots. Strategically, the company has shifted its focus to developing these plots for industrial and warehousing purposes to ensure quicker sales realization. Financially, the company achieved a significant turnaround, reporting a net profit of ₹2.22 crores against a loss of ₹7.35 crores in the previous year.;