Gujarat Ambuja Exports Limited — Board Meeting, 25-01-2025: Outcome of Board Meeting

The Board of Directors has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2024. Total income stood at ₹1,140.26 crore, with a net profit of ₹71.86 crore. Additionally, the board sanctioned the acquisition of 50 lakh equity shares of Maiz Citchem Limited, enabling it to become a wholly-owned subsidiary at a valuation of ₹10 per share, totaling ₹5 crore. This strategic move aims to consolidate control and enhance operational synergies.