The Board of Directors of Gujarat Pipavav Port Limited, in their meeting held on May 28, 2026, approved the Audited Standalone and Consolidated Financial Statements for the year ended March 31, 2026. Additionally, the Board recommended a final dividend of Rs. 5.00 per equity share, subject to approval by shareholders at the 34th Annual General Meeting scheduled for September 9, 2026. The Board also approved the appointment of Dr. Ajay Kumar, IAS, as a Nominee Director on the company’s Board.

As a prominent private sector port operator located on the southwest coast of Gujarat, the company is strategically positioned on international maritime trade routes. In late 2025, the company made significant strides, including signing a Memorandum of Understanding (MoU) with the Gujarat Maritime Board for a substantial investment of Rs. 17,000 crore aimed at capacity expansion over the next 30 years. Furthermore, the company entered into a five-year contract with ONGC for offshore oil and gas logistics and expanded its RoRo (Roll-on/Roll-off) infrastructure through a strategic partnership with NYK to enhance vehicle handling capacity.

Regarding recent financial performance, the company reported a consolidated net profit of 1.42 billion Rupees for the quarter ended March 2026. As of the latest available institutional data, A.P. Møller – Mærsk A/S remains a major stakeholder with a 44.01% holding, while other notable institutional investors include HDFC Asset Management Company Limited and ICICI Prudential Asset Management Company Limited.