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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Grovy India Limited held its 40th AGM on 29th September 2025 via video conferencing, lasting just 20 minutes (12:30 PM to 12:50 PM). A total of 19 shareholders attended (4 promoters/promoter group and 15 public), along with all directors, the CFO, statutory auditor, secretarial auditor, and internal auditor. The Chairperson briefed shareholders on the macroeconomic environment, real estate industry trends, and the company's performance and growth plans for FY 2024-25. Seven resolutions were transacted, including approval of financial statements, declaration of a final dividend of Rs. 0.10 per share (1%) for FY 2024-25, re-appointment of a director and statutory auditor, re-appointment of an independent director, appointment of a secretarial auditor, and amendment to the Memorandum of Association. The combined e-voting and remote e-voting results will be announced by 1st October 2025.
The final dividend of Rs. 0.10 per share is a small but positive return for shareholders. The MOA amendment (special resolution) suggests the company is preparing for a potential change in business scope, which shareholders should watch closely. The voting results are still pending and could impact sentiment if any resolution is closely contested.