Grovy India Limited has fixed the closure of its Register of Members and Share Transfer Books from Tuesday, June 30, 2026, to Wednesday, July 08, 2026, for the purpose of its 41st Annual General Meeting (AGM) and the payment of final dividend, if declared. The record date for determining shareholder eligibility for the dividend has been set as Wednesday, July 01, 2026. The company has communicated these dates to BSE Limited pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors has fixed Wednesday, July 01, 2026, as the cut-off date to ascertain shareholders entitled to participate in the AGM through remote e-voting or voting at the venue. Remote e-voting will commence on Sunday, July 05, 2026, at 9:00 A.M. IST and conclude on Tuesday, July 07, 2026, at 5:00 P.M. IST. Simran Rajput, Company Secretary & Compliance Officer, signed the intimation submitted to the exchange on June 16, 2026.

Key Dates for AGM

The AGM agenda includes the adoption of audited financial statements for the financial year ended March 31, 2026. Shareholders will also consider the declaration of a final dividend of ₹0.10 per share, subject to approval at the meeting. The meeting is scheduled to be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Grovy India Limited reported a 61.5% rise in net profit to ₹289.81 lakh for the financial year ended March 31, 2026, compared to ₹179.43 lakh in the previous year. Revenue from operations increased to ₹3,320.10 lakh from ₹2,541.68 lakh in FY25, driven by the execution of premium residential projects in South Delhi. The company’s total income stood at ₹3,534.88 lakh for the year.

The Board of Directors has recommended a dividend of 1%, or ₹0.10 per share, for the financial year 2025-26. This dividend is subject to shareholder approval at the Annual General Meeting scheduled for July 8, 2026. The record date for determining shareholder eligibility is July 1, 2026.

Financial Performance

The company’s Profit Before Depreciation and Tax improved to ₹3,142.65 lakh in FY26 from ₹2,389.48 lakh in the previous year. Earnings Per Share (EPS) increased to ₹2.17 from ₹1.35 in the prior year. Reserves and Surplus grew to ₹971.74 lakh as of March 31, 2026, up from ₹708.00 lakh at the end of FY25.

Operational Highlights

During the year, Grovy India successfully delivered residential projects in Greater Kailash 1, covering areas of 20,000 sq.ft and 22,000 sq.ft. The company continues to focus on redevelopment opportunities in supply-constrained markets of South Delhi and Lutyens Delhi. Ongoing projects include developments in Hauz Khas, Anand Niketan, and Neeti Bagh.

Corporate Governance

M/s. Ajay Rattan & Co., Chartered Accountants, were appointed as the Statutory Auditors for a term of five years. The company confirmed that no material changes or commitments affecting its financial position occurred between the end of the financial year and the date of the report. The Board also approved the re-appointment of Independent Directors Mr. Nawal Kishore Choudhury and Mr. Anupam Singh Sisodia.