Grindwell Norton Board Meeting Scheduled on May 8, 2026 to Approve FY26 Financial Results and Dividend

Grindwell Norton Limited has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Friday, May 8, 2026. The intimation, dated May 5, 2026, was submitted to both the National Stock Exchange of India Limited and BSE Limited in compliance with Regulation 30 requirements.

Board Meeting Agenda

The board meeting has been convened to address two key matters pertaining to the company's financial year ended March 31, 2026. The following items are on the agenda:

Agenda Item:	Details
Financial Results:	Approval and taking on record of audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026
Dividend Consideration:	Recommendation of dividend, if any, on equity shares for the financial year ended March 31, 2026, subject to shareholder approval at the ensuing Annual General Meeting

Regulatory Compliance and Disclosure

The intimation has been filed with both major Indian stock exchanges as part of the company's regulatory disclosure obligations. A copy of the intimation has also been made available on the company's official website at www.grindwellnorton.co.in . The communication was signed by Girish T. Shajani, Company Secretary, bearing Membership No. A22547.

Grindwell Norton Limited is registered at 5th Level, Leela Business Park, Andheri-Kurla Road, Marol, Andheri (East), Mumbai – 400 059, India, with CIN L26593MH1950PLC008163.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.53%	+6.91%	+15.31%	+5.17%	+9.07%	+60.18%

Grindwell Norton executed a significant block trade on the National Stock Exchange (NSE) worth ₹51.28 crores, involving a substantial volume of shares at a predetermined price.

Transaction Details

The block trade encompassed key parameters that highlight the scale and execution price of this institutional transaction:

Parameter:	Details
Total Transaction Value:	₹51.28 crores
Number of Shares:	318,891 shares
Execution Price:	₹1608.00 per share
Exchange:	NSE

Block Trade Mechanism

Block trades represent large-volume transactions executed outside regular market hours or through special trading windows. These transactions allow institutional investors to trade significant quantities without impacting the stock's market price during regular trading sessions. The predetermined price of ₹1608.00 per share indicates a negotiated rate between the participating parties.

Market Implications

The transaction volume of approximately 318,891 shares represents a considerable stake change in Grindwell Norton's shareholding pattern. Such block trades typically involve institutional investors, mutual funds, or large stakeholders looking to adjust their positions efficiently. The execution at ₹1608.00 per share provides a reference point for the stock's institutional valuation at the time of the transaction.