GSL Nova Petrochemicals Limited announced that Mr. Harish N. Motwani, has resigned as a Company Secretary & Compliance Officer of the company with effect from March 30, 2013.

GSL Nova Petrochemicals Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 33.4 million compared to INR 39.7 million reported a year ago. Net loss was INR 54.0 million or INR 2.00 per basic and diluted share before and after extraordinary items compared to net loss of INR 59.8 million or INR 2.21 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 24.0 million compared to INR 364.4 million reported a year ago. Loss from ordinary activities before tax was INR 54.0 million against INR 59.8 million a year ago. For the nine months, the company reported loss from operations before other income, finance costs and exceptional items of INR 73.7 million compared to INR 67.2 million reported a year ago. Net loss was INR 138.6 million or INR 5.13 per basic and diluted share before and after extraordinary items compared to net loss of INR 130.7 million or INR 4.84 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 483.8 million compared to INR 1,301.3 million reported a year ago. Loss from ordinary activities before tax was INR 138.6 million against INR 130.7 million a year ago.

GSL Nova Petrochemicals Limited, Board Meeting, Feb 09, 2013. Agenda: To consider quarterly results.