Grovy India 41st AGM: All 7 resolutions passed, dividend and preferential issue approved
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Grovy India held its 41st AGM on 8 July 2026 via video conferencing. All 7 resolutions were passed with over 99.98% votes in favour. Key items: adoption of FY26 audited financials, final dividend of Re 0.10 per share (1%), increase in authorised share capital, preferential issue of up to 41,69,433 equity shares to promoters and public, and appointments of Anita Jalan, Prakash Chand Jalan (MD cum Chairperson) and Ankur Jalan (Non-Executive Director). 81.17% of total shares were polled.
Final dividend of Re 0.10 per share declared. Preferential issue of up to 41.69 lakh shares to promoters and public approved, which may lead to share dilution.