Grindwell Norton Limited — Others, 09-05-2025: Cessation

Grindwell Norton Limited has announced a board meeting to approve the financial results for the quarter and year ended March 31, 2025. The company reported steady revenue growth with standalone net profit at ₹360.83 Cr and consolidated net profit at ₹371.27 Cr for the year. A dividend of ₹17 per share (340%) has been proposed, pending shareholder approval. Leadership changes include the resignation of Mr. Jean-Claude Lasserre as Non-Executive Director and Mr. Hari Singudasu stepping down as CFO, replaced by Mr. Prakash Sabarad. The Board approved a ₹0.77 Cr investment in Jamnagar Renewals Two Private Limited to boost green power sourcing. Parikh & Associates is appointed as Secretarial Auditors for five years.