Promoters of Grindwell Norton Limited have confirmed that the equity shares held by them as of March 31, 2026, are free from any encumbrances. The disclosures were submitted to the National Stock Exchange of India and BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These confirmations provide transparency regarding the ownership status of promoter holdings.

The disclosures were received from various promoter groups and persons acting in concert. Individual promoter Aakil Anand Mahajan confirmed the status on behalf of himself and other promoters, including Vera Anand Mahajan, Ashaita Mahajan, and Anand Yashavant Mahajan. Similarly, promoter Khursheed M Narang provided confirmation for shares held by himself, Danesh M Narang, Mikhil M Narang, and Malvinder C Narang.

Corporate entities also submitted their respective confirmations. Hari Singudasu confirmed on behalf of Saint-Gobain India Private Limited regarding its holding of 300000 equity shares. Sreedhar Natarajan, CEO - Asia Pacific and India Region, confirmed the status for Saint-Gobain Abrasives Inc., USA, and SPAFI-Societe de Participations Financieres Et Industrielles, France.

The following table details the shareholdings confirmed as free from encumbrances:

The confirmations were addressed to the Audit Committee of Grindwell Norton Limited for its records. The company secretary, Girish T. Shajani, forwarded the disclosures to the exchanges on April 6, 2026.

Grindwell Norton recorded a notable block trade on the National Stock Exchange (NSE), with approximately 80,636 shares changing hands at a price of ₹1882.00 per share. The transaction amounted to a total deal value of ₹15.18 crores, marking a significant single-transaction event for the stock.

Block Trade Details

The following table summarizes the key parameters of the block trade recorded on the NSE:

Market Significance

Block trades are large, privately negotiated transactions that are executed outside the open market to minimize the impact on the stock's prevailing price. Such trades are typically carried out by institutional investors, mutual funds, or other large market participants. The execution of a ₹15.18 crore block trade in Grindwell Norton shares on the NSE underscores the continued institutional interest in the stock and serves as a key data point for investors monitoring large-volume activity in the counter.