GRAUWEILBSEGrauer & Weil India Ltd-$MediumNeutral
Announced Mon, 26 May · 23:24 IST

Reappointment of Cost Auditor, Secretarial Auditor and Internal Auditor of the Company.

Management Changes View source PDF

GRAUWEIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grauer & Weil (India) Limited's board, at its meeting on May 26, 2025, approved the audited standalone and consolidated financial results for Q4 and FY ending March 31, 2025, with M/s M M Nissim & Co. LLP issuing a clean (unmodified) audit opinion. The board recommended a dividend of 50%, i.e., Re. 0.50 per equity share of Re. 1 face value, for FY 2024-25, subject to shareholder approval. The 67th Annual General Meeting is scheduled for August 11, 2025. Dr. Prerna Goradia was reappointed as an Independent Non-Executive Director for another 5-year term (July 29, 2025 to July 28, 2030). M/s GMJ & Associates was appointed as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30), M/s V. J. Talati & Co. as Cost Auditor for FY 2025-26, and M/s SCA & Associates as Internal Auditor for FY 2025-26.

Likely market impact

A clean audit opinion and modest dividend signal steady, compliant operations with no governance red flags. The routine reappointments of auditors and director continuity should be neutral for shareholders, with the dividend providing a small return to investors.