Latest news about Growington Ventures
Growington Ventures
0.83
+0.02(+2.47%)
Company Performance:
View Company Insights1D+2.47%
1M-9.78%
6M-36.64%
1Y-52.30%
5Y+97.62%
More news about Growington Ventures
05Feb 26
Growington Ventures India Limited Reports Q3FY26 Financial Results with Revenue Growth
Growington Ventures India Limited reported its Q3FY26 unaudited financial results showing significant revenue growth in both standalone and consolidated operations. Standalone revenue increased to ₹2,215.37 lakhs from ₹1,344.01 lakhs year-over-year, while consolidated revenue reached ₹2,457.31 lakhs versus ₹1,432.56 lakhs in Q3FY25. The company completed a rights issue raising ₹4,816.62 lakhs, increasing paid-up capital to ₹6,422.16 lakhs. Net profit for nine months reached ₹291.84 lakhs standalone and ₹409.66 lakhs consolidated, demonstrating strong operational performance in the fruits trading business.
21Jan 26
Growington Ventures India Limited Announces Resignation of Independent Director Mr. Abhimanyu Kumar
Growington Ventures India Limited announced the resignation of Independent Director Mr. Abhimanyu Kumar (DIN: 01497152), effective January 20, 2026, due to personal and unavoidable circumstances. The Board recorded the resignation on January 21, 2026, and Kumar will cease membership in all board committees including Audit, Nomination and Remuneration, Stakeholders Relationship, Risk Management, and Sexual Harassment Committees. The company has complied with all SEBI disclosure requirements and confirmed no other material reasons exist for the resignation.
25Jul 25
Growington Ventures India Reports Full Compliance in Rs 48.17 Crore Rights Issue Fund Utilization
Growington Ventures India Limited, a fruit trading company, raised Rs 48.17 crore through a rights issue on June 23, 2025. The funds were allocated for working capital (Rs 36.95 crore), corporate purposes (Rs 10.47 crore), and issue expenses (Rs 0.75 crore). As of June 30, 2025, Rs 9.33 crore has been utilized according to plan. The company's Q1 FY2026 results show significant growth, with revenue increasing by 145.8% and profit after tax by 80.6% compared to Q1 FY2025. Mukesh Patwa, Whole Time Director, confirmed the company's commitment to responsible financial management and transparency.
25Jul 25
Growington Ventures India Reports 146% Revenue Surge in Q1, Completes Rights Issue
Growington Ventures India Limited, a fruit trading company, reported strong Q1 FY2026 results. Revenue increased by 146% to Rs. 1,581.45 crore, while profit rose 80.5% to Rs. 149.35 crore. The company successfully completed a rights issue, raising Rs. 48.17 crore through the allotment of 48,16,61,820 equity shares at Rs. 1 per share. The funds will be used for working capital, corporate purposes, and issue-related expenses. Growington Ventures operates globally through its Dubai-based subsidiary, Elementures Foodstuff Trading LLC.
25Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited
Madhu Sethia, a non-promoter shareholder, sold 13,255,446 shares of Growington Ventures India Limited (GVIL) over three trading sessions in July 2025. This reduced Sethia's stake from 5.75% to 3.68% of the company's total share capital. The transaction was conducted through open market sales and has been reported in compliance with SEBI regulations.
24Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited to 3.68%
Non-promoter shareholder Madhu Sethia has decreased their stake in Growington Ventures India Limited from 5.75% to 3.68%. The reduction occurred through open market sales on July 14, 15, and 22, resulting in a decrease of 13,255,446 shares. This change was disclosed in compliance with SEBI regulations.
24Jul 25
Madhu Sethia Reduces Stake in Growington Ventures India Limited to 3.68%
Non-promoter shareholder Madhu Sethia has decreased their stake in Growington Ventures India Limited, a BSE-listed company. Through open market sales on July 14, 15, and 22, Sethia's shareholding reduced from 5.75% (36,900,025 shares) to 3.68% (23,644,579 shares), a decrease of 2.07% (13,255,446 shares). The company's total equity share capital remains unchanged at 642,215,760 shares. This transaction complies with SEBI regulations for significant shareholding changes.
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