Grindwell Norton Limited — Board Meeting, 09-05-2025: Outcome of Board Meeting

Grindwell Norton has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue reached ₹2,811.59 Cr, with net profit at ₹371.27 Cr. The board proposed a dividend of ₹17 per share (face value ₹5), pending shareholder approval. Leadership updates include the resignation of Non-Executive Director Jean-Claude Lasserre and CFO Hari Singudasu, with Prakash Sabarad stepping in as the new CFO. The company also approved a ₹77 lakh investment in Jamnagar Renewals Two Pvt Ltd to boost green power sourcing.