If the Dividend, as recommended by the Board of Directors, is approved at the AGM, payment of such dividend will be made on or from Tuesday, July 28, 2026, as under: i. To all Beneficial Owners in respect of shares held in dematerialised form as per the data as may be made available by the National Securities Depository Limited ( NSDL ) and Central Depository Service (India) Limited ( CDSL ) as of the close of business hours on Friday, July 10, 2026. ii. To all Members in respect of shares held in physical form after giving effect to valid transmission or transposition requests lodged with the Company as of the close of business hours on Friday, July 10, 2026.
GRINDWELL · price
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Grindwell Norton Limited's Board has recommended a dividend of ₹19 per equity share (380% on face value of ₹5) for FY2026, up from ₹18 per share in FY2025, subject to shareholder approval at the AGM on July 24, 2026. The company reported strong full-year standalone net profit of ₹41,259.84 Lakhs, up 14.3% from ₹36,083.06 Lakhs in FY2025. Total income grew to ₹3,12,079.31 Lakhs from ₹2,81,722.40 Lakhs. Basic EPS improved to ₹37.27 from ₹32.59. Consolidated net profit stood at ₹41,678.89 Lakhs. The record date for dividend entitlement is July 10, 2026, with payment on or after July 28, 2026.
The dividend increase signals healthy financial performance and cash generation. The recommended dividend of ₹19 per share represents a 5.6% increase year-over-year, demonstrating the company's ability to grow shareholder returns alongside profits.