Event Details

The 76th Annual General Meeting was held on Friday, July 24, 2026 at 3:00 p.m. IST through Video Conferencing/Other Audio-Visual Means and concluded at 3:43 p.m. IST. The meeting was conducted in compliance with General Circular No. 03/2025 and other circulars issued by the Ministry of Corporate Affairs, and the SEBI Circular dated June 5, 2025.

Attendees

The following individuals attended the meeting:

  • Directors: Mr. Subodh Nadkarni (Chairman, Independent, Non-Executive, Mumbai), Mr. Aakil Mahajan (Non-Executive, Amsterdam), Dr. Archana Hingorani (Independent, Non-Executive, Mumbai), Mr. David Eric Molho (Non-Executive, Paris), Mr. Hari Singudasu (Executive Director, Mumbai), Mr. Kaustubh Shukla (Independent, Non-Executive, Mumbai), Mr. Sreedhar Natarajan (Non-Executive, Nagpur), Ms. Stephanie Billet (Non-Executive, Paris), Mr. Venugopal Shanbhag (Managing Director, Mumbai)
  • Management: Mr. Prakash Sabarad (Chief Financial Officer, Mumbai), Mr. Girish T. Shajani (Company Secretary, Mumbai)
  • Auditors: Mr. Daraius Fraser (Kalyaniwalla & Mistry LLP, Statutory Auditors, Mumbai), Mr. Santosh Shanbhag (Kalyaniwalla & Mistry LLP, Statutory Auditors, Mumbai)
  • Scrutinizer: Mr. Mitesh Dhabliwala (Parikh & Associates, Secretarial Auditor & Scrutinizer, Mumbai)

Business Transacted

The following items of business from the Notice of AGM dated May 8, 2026 were transacted:

Ordinary Business:

1. Receipt, consideration, and adoption of:

  • Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors
  • Audited Consolidated Financial Statements for FY ended March 31, 2026, with Report of Auditors

2. Declaration of dividend on Equity Shares for the financial year ended March 31, 2026

3. Appointment of Director in place of Mr. Sreedhar Natarajan (Director Identification No. 08320482), who retires by rotation and offered himself for re-appointment

Special Business:

4. Ratification of Remuneration of the Cost Auditor of the Company

Voting and Proceedings

Mr. Subodh Nadkarni chaired the meeting. The Company provided facilities for electronic voting on all resolutions. Shareholders present at the AGM who had not cast votes electronically were given an opportunity to do so during the meeting.

Members were given an opportunity to raise queries and seek clarifications, which were addressed during the meeting.

Mr. Mitesh Dhabliwala was appointed as Scrutinizer to scrutinize the voting by remote e-Voting and voting at the AGM. He submitted his report, and all resolutions were declared as passed with requisite majority.

Additional Information

The Company facilitated a live webcast of the AGM proceedings. The archived webcast is available on the company's website at www.grindwellnorton.co.in under Investors > Reports > AGM Video-Recording.

The document was signed by Mr. Girish T. Shajani, Company Secretary (Membership No. A22547), on July 25, 2026.