Grindwell Norton share news, announcements and annual reports
NSE: GRINDWELLBSE: 506076Industrial ProductsSmall Cap
Grindwell Norton Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 1984 on BSE, Sep 2006 on NSE
Last close ₹1,878.60down ₹76.60 (3.92%)BSE ₹1,880.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,955.20.
30 Oct: open ₹1,954.00, high ₹1,960.60, low ₹1,871.10
52-week range of traded prices to 30 Oct 2026
₹1,329.00Low, 23 Mar 2026₹2,455.00High, 16 Jul 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹20,800 Cr361st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 45.01
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 7.99
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.01%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 19.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 45,51757.1% delivered
Grindwell Norton share news and announcements
568 announcements, routine notices left out, newest first. Page 11 of 12.
May 2011
2 May · Board meeting
Inter alia, for the following purpose :- (1) To consider and approve the Audited Financial Results for the year ended on March 31, 2011; (2) To consider and recommend dividend for the financial year ended March 31, 2011, subject to the approval of shareholders at the ensuing Annual General Meeting.
Apr 2011
7 Apr · Results
Company will be submitting and publishing the Audited Financial Results for the year ended March 31, 2011, on or before May 30, 2011. Accordingly, the company will not submit and publish the unaudited financial results for the quarter and year ended on March 31, 2011.
Mar 2011
17 Mar · Meeting
Feb 2011
Jan 2011
25 Jan · Board meeting
Board of Directors at their meeting held on January 25, 2011 have inter-alia, decided to :- (1) Amend the object clause of the Memorandum of Association of the Company and to commence new business thereof, subject to approval of the shareholders by postal ballot; and (2) Reappoint Mr. A. Y. Mahajan as the Managing Director of the Company for a period of five years commencing from April 01, 2011.13 Jan · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results (Provisional) for the quarter and nine months ended on December 31, 2010.
Oct 2010
21 Oct · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results (Provisional) for the 2nd quarter ended on September 30, 2010.
Sep 2010
28 Sep · Updates
On September 28, 2010, the Company acquired about 20 acres of land in the State of Gujarat for setting up a manufacturing facility for its High Performance Refractories Business. The estimated investment for this project is Rs. 54 Crores and it is expected to be completed by end 2011.
Aug 2010
Jul 2010
30 Jul · Retirement of Director
19 Jul · Board meeting
Inter alia to consider and approve the Un-audited Financial Results for the 1st quarter ended on June 30, 2010.
May 2010
18 May · Meeting
Company has announced the book closure from June 22, 2010 to June 25, 2010 (both days inclusive) for the purpose of convening of Annual General Meeting of the Company to be held on July 29, 2010 and the payment of dividend, if declared at the AGM.18 May · Dividend
Board of Directors at its Meeting held on May 18, 2010 have recommended a dividend of Rs. 6/- per share.3 May · Board meeting
Inter alia, for the following purpose: (1) To consider and approve the Audited financial results for 15 months, period ending March 31, 2010; (2) To consider and recommend the dividend for the financial year end March 31, 2010, subject to the approval of shareholders in their Annual General Meeting.
Apr 2010
6 Apr · Results
Company will be publishing the Audited Financial Results for the year ended 31st March, 2010, on or before 30th June, 2010. Hence the company will not be publishing the un-audited financial results for the last quarter ended as on 31st March 2010.
Feb 2010
24 Feb · Management
Board of Directors, through Circular Resolution appointed Mr. Mikhil Malvinder Narang as additional director w.e.f. February 24, 2010. The current constitution of the Board shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Jan 2010
15 Jan · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results (Provisional) for the quarter ended on December 31, 2009.
Oct 2009
21 Oct · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results (Provisional) for the 3rd quarter ended on September 30, 2009.
Jul 2009
24 Jul · Change in Financial year
The Board of Directors of the Company in its Meeting held on 24th July, 2009, has approved a change in the Accounting year of the Company by adopting a financial year commencing from 1st April of every year and ending on 31st March of the following year. Consequently, as a transition arrangement, the next Annual Accounts and Report of the Company will be for a period of 15 months commencing from 1st January, 2009 and ending on 31st March, 2010. This is being done in order to synchronise the reporting period of annual accounts under the Companies Act, 1956 with annual accounts under the Income Tax, 1961, where both the accounts are being subject to audit24 Jul · Management
Board of Directors has appointed Mr. A. C. Chakrabortti as the Chairman of Board in its Meeting held on July 24, 2009. The current constitution of the Board shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.16 Jul · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results (Provisional) for the 2nd quarter and 1st half year ended on June 30, 2009.
Jun 2009
18 Jun · Updates
Pursuant to request received from Mrs. D S Varlava ,Mr R K Billimoria , Mrs M S Mehta and Mrs N G Bharucha the Board of Directors of the Company by passing circular resolution dated June 8,2009 approved their cessation as the promoters of the Company.The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.10 Jun · Management
Mrs. D.S. Variava and Mr. R.K. Billimoria had resigned as directors of the company effective June 05, 2009. The Re-constituted Board as on June 05, 2009 is as follows:-1) Mr. J.P.Floris (Chairman Non Executive) 2) Mr. A.C. Chakrabortti (Vice Chairman Non Executive and Independent) 3) Mr John T Crowe (Non Executive). 4) Mr.O Duval (Non Executive) 5) Mr. P. Millot (Non Executive) 6) Ms M A Chupin (Non Executive) 7) Mr B S Raut (Non Executive and Independent) 8) Mr S Salgaocar (Non Executive and Independent) 9) Mr P Shah (Non Executive and Independent) 10) Mr A Y Mahajan (Managing Director) 11) Mr J A J Pereira (Alternate Director to Ms M. A.Chupin).
May 2009
11 May · Commencement of commercial production
Grindwell Norton Limited had informed the Exchange that the Company had formed a Joint Venture Company in Bhutan named Saint-Gobain Ceramic Materials Bhutan Private Limited in partnership with the Singye Group of Bhutan, for manufacture of Silicon Carbide. The Company has now informed the Exchange that the Company has commenced the commercial production during first week of May 2009.
Apr 2009
17 Apr · Board meeting
Inter alia, to consider and approve the Un-audited Financial Results for the 1st quarter ended on March 31, 2009.
Mar 2009
9 Mar · Management
Board of Directors has Appointed Mr. J. P. Floris as Additional Director and the Chairman of the Company in its Meeting held on March 06, 2009. Further the Company has submitted to the Exchange the current constitution of the Board. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Mar · Meeting
Company has announced the book closure from March 24, 2009 to March 26, 2009 (both days inclusive) for the purpose of convening of Annual General Meeting of the Company to be held on April 28, 2009 and the payment of dividend, if declared at the AGM.6 Mar · Updates
At the meeting of the Board of Directors of the Company held on March 06, 2009, the Board of Directors of the Company has approved the Annual Accounts for the year ended December 31, 2008. A copy of the Financial Results for the year ended December 31, 2008 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Mar · Dividend
Board of Directors of the Company in their meeting held on March 06, 2009 has recommended a dividend of Rs. 4/- per share.
Feb 2009
23 Feb · Board meeting
Inter alia, for the following purposes: (1) To consider and approve the financial results for the 4th quarter and financial year ended December 31, 2008, alongwith the Auditor's Report thereon and (2) To consider and recommend the dividend for the financial year ended December 31, 2008, subject to the approval of shareholders in their Annual General Meeting.
Jan 2009
19 Jan · Reconstitution of the Board of Directors
Re-constitution of the Board, subsequent to the resignation of Mr. Jacques Aschenbroich. The current constitution of the Board of the Company shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.6 Jan · Results
Company will be publishing the Audited Financial Results for the year ended December 31, 2008, on or before March 31, 2009. Hence we will not be publishing the un-audited financial results for the last quarter ended as on December 31, 2008.1 Jan · Management
Mr. Jacques Aschenbroich has resigned as Director and Chairman of the Company effective December 31, 2008. The details of the Re-constituted Board shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Oct 2008
7 Oct · Board meeting
Inter alia, to consider and approve the un-audited financial results (Provisional) for the 3rd quarter ended on September 30, 2008.
Jul 2008
9 Jul · Board meeting
Inter alia, to consider and approve the un-audited financial results (Provisional) for the 2nd quarter and 1st half year ended on June 30, 2008.
May 2008
2 May · Commencement of commercial production
Grindwell Norton Limited had informed the Exchange that the Company had acquired industrial land in Himachal Pradesh, for setting up a manufacturing facility for Abrasives products. The Company has now informed the Exchange that "The Company has commenced the commercial production on 1st May 2008".
Apr 2008
15 Apr · Board meeting
Meeting on 24 Apr 2008: “Unaudited Financial Results for the qtr ended March 31, 2008”
Mar 2008
6 Mar · Meeting
Board of Directors at their meeting held on March 06, 2008 has recommended a final dividend of Rs.4/- per equity share subject to declaration of dividend by the members at the forth coming Annual General Meeting of the Company to be held on April 24, 2008. Further the Company has announced the Book Closure from March 25, 2008 to March 28, 2008 (both days inclusive) for the purpose of Convening of Annual General Meeting of the Company to be held on April 24, 2008 and the payment of dividend, if declared at the said AGM.6 Mar · Updates
At the meeting of the Board of Directors of the Company held on March 06, 2008 has approved the Annual Accounts for the year ended December 31, 2007. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Feb 2008
21 Feb · Board meeting
For the purposes of: (a) Approval of annual accounts for the year ended 31st December, 2007. (b) Recommendation of dividend, if any and (c) Taking on record the Audited Financial Results for the year ended on 31st December, 2007.
Dec 2007
26 Dec · Results
We will be publishing the Audited Financial Results for the year ended 31st December, 2007, on or before 31st March, 2008. Hence we will not be publishing the un-audited financial results for the last quarter ended as on 31st December, 200713 Dec · Management
Outcome of the Board Meeting held on December 12, 2007, as follows: Mrs. M. S. Mehta and Mr. Joseph H. Menendez have resigned as Directors of the Company effective December 12, 2007. In the Meeting, Mr. R.K. Bilimoria and Mr. John T. Crowe have been appointed as additional directors. Further, the details of the Re-constituted Board as on December 12, 2007 shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.13 Dec · Dividend
Board of Directors of the Company has declared a Special Interim Dividend of Rs.4/- per share of face value of Rs.5/- each for the year 2007, in their Meeting held on December 12, 2007.4 Dec · Board meeting
For the purpose of declaration of interim dividend, if decided by the Board of Directors. The Company has further informed the Exchange that the Record Date for declaration of interim dividend, if any, shall be on Thursday, December 20, 2007.
Oct 2007
19 Oct · Miscellaneous
Grindwell Norton Limited had informed the Exchange that: "On 5th October, 2007, the Company has acquired industrial land in Himachal Pradesh, for setting up a manufacturing facility for Abrasives Products. Commercial Production is likely to commence in the second half of 2008". The Company has now informed the Exchange that "The Company had acquired industrial land in Himachal Pradesh for setting up the Abrasives manufacturing facility. The project cost is estimated to be Rs.370 Million and the commercial production is likely to commence in the second half of 2008".9 Oct · Board meeting
Taking on record the Un-audited Financial Results (Provisional) for the 3rd quarter ended on September 30, 2007.