GHCL Textiles Limited — Important, 14-05-2025: Updates

GHCL Textiles has announced a board meeting to consider the financial results for the quarter and half-year. The company shut down the outdated Kaveri section at its Manapparai Unit to cut high maintenance costs, planning to use asset sale proceeds to modernize value-added product lines. Operations and financials remain stable. GHCL posted a profit before tax of INR 63.29 Cr for the year. A dividend of Rs 0.50 per share is proposed, pending shareholder approval.