Gallantt Ispat Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Gallantt Ispat Limited has announced a board meeting approving audited consolidated financial results for the quarter and year ended March 31, 2025, reporting a net profit of Rs. 116.31 Cr with stable operations. The board proposed a final dividend of Rs. 1.25 per share, supported by promoter shareholders waiving their entitlement to back expansion initiatives. Key leadership moves include re-appointments of Mr. Chandra Prakash Agrawal as MD and Mr. Dinesh R. Agarwal as Whole-time Director for five-year terms, plus Mrs. Nishi Agrawal continuing as Independent Director. Mr. Anurag Fatehpuria is named Secretarial Auditor, subject to shareholder approval.