Grovy India Limited has announced the record date for its final dividend payment for the fiscal year 2024-25. The company's Board of Directors has recommended a dividend of Rs 0.10 per equity share, subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Key Details of the Dividend Announcement

Board Meeting and Regulatory Compliance

The dividend recommendation was made during the Board of Directors meeting held on September 4, 2025. In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Grovy India has fixed Tuesday, September 23, 2025, as the Record Date for determining shareholder eligibility for the final dividend.

Shareholder Eligibility

Shareholders of Grovy India Limited who are on the company's register as of the record date will be eligible to receive the dividend, pending approval at the Annual General Meeting.

The company secretary, Megha Mishra, confirmed this information in a formal communication to the BSE Limited on September 9, 2025. Investors and stakeholders are advised to take note of the record date for dividend entitlement purposes.

Grovy India's decision to distribute a dividend may be seen as a reflection of the company's financial position and its approach to shareholder returns. However, the final dividend payout remains contingent on receiving shareholder approval at the forthcoming AGM.

Grovy India Limited , a real estate and infrastructure development company established in 1985, reported exceptional financial performance in its quarterly results. Total income surged to ₹829.65 lakhs compared to ₹127.71 lakhs in the same period last year, representing a 549.63% year-over-year growth. Profit after tax increased by 452% to ₹109.69 lakhs from ₹19.88 lakhs in the previous quarter.

Financial Highlights

The company's total assets expanded dramatically by 1,096% to ₹5,399.37 lakhs, while earnings per share rose to ₹0.82 from ₹0.15.

Business Operations

Grovy India Limited operates through three business models:

• Outright purchase
• Turnkey construction
• Collaboration joint ventures

With a track record of completing over 100 projects and serving more than 500 customers, the company focuses on creating 'Boutique Properties' in South Delhi. Currently, Grovy India Limited has:

• 8 ongoing projects
• 2 pipeline projects
• A total constructed area of approximately 224,000 sq ft

Management attributed the strong performance to effective strategy and execution. The company's impressive growth in revenue and profitability demonstrates its strong position in the real estate and infrastructure development sector.