The Board of Director, subject to approval of Shareholder at the ensuing AGM, has recommended the payment of Dividend @ 50 % i.e. Re. 0.50 per Equity Share.
GRAUWEIL · price
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The Board of Grauer & Weil (India) approved the Standalone and Consolidated Audited Financial Results for Q4 and FY ended 31 March 2025, with the auditor M/s M M Nissim & Co. LLP issuing an unmodified opinion. The Board has recommended a dividend of 50% (Re. 0.50 per share) on equity shares of Re. 1 each for FY 2024-25, subject to shareholder approval at the upcoming 67th AGM scheduled for 11 August 2025. The Board also approved the reappointment of Dr. Prerna Goradia as an Independent Non-Executive Director for another 5-year term starting 29 July 2025. Additionally, GMJ & Associates was appointed as Secretarial Auditor for 5 years (FY 2025-26 to 2029-30), V. J. Talati & Co. as Cost Auditor for FY 2025-26, and SCA & Associates as Internal Auditor for FY 2025-26.
The 50% dividend recommendation signals confidence in FY25 earnings and provides a modest income return to shareholders, though at Re. 0.50 per share it is relatively small. The clean (unmodified) audit opinion and stable governance through director/auditor reappointments suggest business continuity with no red flags for investors.