GPT Infraprojects Limited has informed the Exchange regarding Change in Director(s) of the company.
GPTINFRA · price
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GPT Infraprojects' board, which met on May 16, 2025, approved audited standalone and consolidated results for Q4 and FY ended March 31, 2025 with an unmodified auditor opinion. Standalone revenue grew to Rs. 1,17,429.61 lakhs in FY25 from Rs. 1,00,983.64 lakhs in FY24, while profit after tax jumped to Rs. 8,852.16 lakhs from Rs. 6,074.27 lakhs, pushing EPS to Rs. 7.24 from Rs. 5.22. The board recommended a final dividend of Rs. 1.00 per share (10%), taking total FY25 dividend to Rs. 3.00 per share including interim. Key board changes include the appointment of Mr. Hari Modi as an Additional Non-Executive Independent Director for five years and continuation of Mr. Kashi Prasad Khandelwal as Independent Director beyond age 75. The board also approved modified terms for executive directors Atul Tantia (ED & CFO), Vaibhav Tantia (Director & COO) and Amrit Jyoti Tantia (Director-Projects), all from the promoter Tantia family. New Secretarial Auditor (Ashok Kumar Daga), reappointed Cost Auditor (S.K. Sahu & Associates), and newly appointed Internal Auditor (S S Kothari Mehta & Co.) were also announced. The 45th AGM is set for August 7, 2025.
Strong earnings growth and a higher total dividend payout of Rs. 3/share are positive for shareholders, though the headline director changes reinforce promoter-family control at the top. Investors should note an ongoing arbitration over Rs. 662.58 lakhs flagged by auditors, though no provision was made.