Gujarat Pipavav Port Limited — Important, 06-11-2024: General Updates

Gujarat Pipavav Port Limited's Board approved unaudited financial results for Q2 FY2024-25, reporting a profit of ₹914.99 million. An interim dividend of ₹4.00 per share was declared, with a record date of November 19, 2024. Mr. Clint Carmichael was appointed COO for three years starting December 1, 2024, and Mr. Samir Chaturvedi was added to the Audit Committee. The company's financial health remains strong, despite ongoing legal disputes regarding bank guarantees and liquidated damages.