BSEGrovy India LtdMediumNeutral
Announced Wed, 8 Jul · 16:25 IST

Grovy India 41st AGM: Preferential Share Issue and Dividend Among 7 Items

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.3%1-day move
₹48.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+1.1+3.1+7.3-1.0+10.6
Up moveDown movePending
AI summary

Grovy India held its 41st AGM on July 8, 2026 via video conferencing, lasting 22 minutes. All directors attended. Seven resolutions were transacted: FY26 financials, final dividend of Rs. 0.10 per share, higher authorized share capital, and issuance of up to 41.69 lakh shares on a preferential basis. Approved appointments of Mr. Prakash Chand Jalan as Managing Director for five years and Mr. Ankur Jalan as Non-Executive Director. Voting results due by July 10.

Likely market impact

Preferential issue of 41.69 lakh shares may dilute existing holders. Rs. 0.10 per share dividend. Director appointments locked in. Vote results due by July 10.