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

The company has announced a board meeting to approve the financial results for the quarter and half-year. They declared an interim dividend of ₹2 per share, reinforcing their commitment to rewarding shareholders. Plans are underway to raise ₹150 Cr through a rights issue to fuel expansion and strengthen the balance sheet. A key management appointment was made with the onboarding of a new CFO, signaling a focus on financial discipline. No mergers or acquisitions were discussed. Overall, strategic steps aim to boost growth while ensuring steady returns.