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GAIL (India) LimitedBoard Meeting, 13-05-2025: Outcome of Board Meeting

13-05-2025 | 02:34 pm

The company has announced a board meeting to approve the financial results for the quarter and half-year. Key decisions include declaring a dividend of ₹2.50 per share and green-lighting a fresh fundraising plan through a rights issue aimed at bolstering working capital. The board also approved the appointment of a new CFO to strengthen financial leadership. Additionally, there’s an update on a strategic merger to expand market presence and enhance operational efficiency. These moves signal a focus on growth, capital optimization, and leadership reinforcement.

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