Grindwell Norton Limited — Others, 09-05-2025: Change in Auditors

Grindwell Norton has announced a board meeting outcome approving the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025, with clean auditor opinions. The Board proposed a dividend of ₹17 per share (340% on ₹5 face value), pending shareholder approval. Leadership changes include the resignation of Non-Executive Director Mr. Jean-Claude Lasserre, with Ms. Stephanie Billet appointed as his replacement, and CFO Mr. Hari Singudasu stepping down to focus on strategic roles, succeeded by Mr. Prakash Sabarad. The Board also approved an investment of ₹77 lakhs in Jamnagar Renewals Two Pvt Ltd for green power sourcing and appointed M/s. Parikh & Associates as Secretarial Auditors.