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- Important
- Financial Update
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Grindwell Norton has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue hit ₹2,81,159 lakh with a net profit of ₹37,127 lakh, reflecting steady growth. The Board has announced a strong dividend of ₹17 per share (340%). Leadership shifts 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 efforts.