Please find attached the outcome of the board meeting held today i.e. May 8, 2026.
GRINDWELL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.9 pts more than Nifty Microcap 250 and 8.0 pts more than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Grindwell Norton Limited reported strong FY2026 results with audited standalone net profit of ₹41,260 Lakhs, up 14.4% from ₹36,083 Lakhs in FY2025. Consolidated net profit stood at ₹41,679 Lakhs. Revenue from operations grew 10.5% year-on-year to ₹3,02,587 Lakhs (standalone). The Board recommended a dividend of ₹19 per equity share (380% on ₹5 face value), payable from July 28, 2026. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated financial results. The 76th AGM is scheduled for July 24, 2026, with July 10, 2026 as the record date for dividend entitlement.
The company delivered solid double-digit profit growth with clean audit status and shareholder-friendly dividend payout. Positive momentum across Abrasives and Ceramics segments supports investor confidence, though growth rates did not hit high-growth thresholds.