Grindwell Norton Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 24, 2026
GRINDWELL · price
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Grindwell Norton reported strong FY2026 results with standalone revenue from operations growing 10.5% to ₹3,02,587 lakh from ₹2,73,736 lakh in FY2025. Net profit rose 14.3% to ₹41,260 lakh from ₹36,083 lakh. Basic EPS increased from ₹32.59 to ₹37.27. The Board recommended a dividend of ₹19 per equity share (380% on ₹5 face value), payable after shareholder approval at the AGM on July 24, 2026 (record date July 10, 2026). Statutory auditors Kalyaniwalla & Mistry LLP issued an unmodified (clean) opinion on the financial statements. Total comprehensive income for the year was ₹46,096 lakh versus ₹37,846 lakh in the prior year.
The company delivered double-digit revenue and profit growth with clean audit status. The ₹19 dividend and robust cash flow from operations of ₹53,007 lakh signal financial strength and shareholder-friendly policies, which could support the stock positively.