Grindwell Norton Limited has informed the Exchange that Record date for the purpose of Dividend is 10-Jul-2026.
GRINDWELL · price
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Grindwell Norton Limited's Board has recommended a dividend of ₹19 per equity share (380% on ₹5 face value) for FY2025-26, subject to shareholder approval at the 76th AGM on July 24, 2026. The record date for dividend entitlement is fixed as July 10, 2026, with payment to begin from July 28, 2026. For FY2025-26, standalone revenue grew 10.5% to ₹3,02,587 lakh and net profit rose 14.3% to ₹41,260 lakh. Consolidated net profit increased 12.3% to ₹41,679 lakh with EPS of ₹37.54. The auditors issued an unmodified opinion on the financial results.
The dividend represents a continuation of shareholder returns, with strong profit growth supporting the payout. The stock is likely to react positively given the better-than-expected earnings and maintained dividend. Shareholders on record by July 10, 2026 will receive the dividend.