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

Grindwell Norton Limited has announced a board meeting where it approved the financial results for the quarter and half-year, reporting a standalone net profit of ₹360.83 Cr and consolidated net profit of ₹371.27 Cr for the year. The board proposed a dividend of ₹17 per share (340%). Leadership changes include the resignation of Non-Executive Director Jean-Claude Lasserre and the appointment of Stephanie Billet as Additional Non-Executive Director. Hari Singudasu stepped down as CFO, succeeded by Prakash Sabarad. The company approved a ₹0.77 Cr investment in Jamnagar Renewals Two Private Limited to boost green power sourcing and appointed Parikh & Associates as Secretarial Auditors for five years.