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Dividend Alert: Grindwell Norton proposes ₹17 payout for FY25; check record dateGrindwell Norton has recommended a ₹17 dividend per share for FY25, with the record date set as July 15. Shareholders will vote on the proposal during the AGM on July 25.By Sheersh Kapoor   June 30, 2025, 10:01:17 PM IST (Published)1 Min ReadGrindwell Norton Limited has recommended a final dividend of ₹17 per equity share for the financial year ended March 31, 2025, the company stated in its notice for the upcoming Annual General Meeting (AGM). If approved, the dividend will be paid starting July 29, 2025.

The record date for determining eligible shareholders for the dividend has been fixed as July 15, 2025.

In addition to approving the dividend, shareholders will also vote on key matters such as the reappointment of Aakil Mahajan as Director, the appointment of Stephanie Billet as a Non-Executive Director, and the ratification of remuneration for the cost auditor.

The 75th AGM is scheduled for Friday, July 25, 2025, at 3:00 PM IST via video conferencing and other audio-visual means.

Also read: JK Cement declares ₹15 final dividend for FY25, announces record date

The company has also proposed the appointment of M/s. Parikh & Associates as secretarial auditors for a five-year term.

The full AGM notice and relevant documents are available on the company’s investor relations website.

Shares of Grindwell Norton last closed at ₹1,720.10, up by 1.87% today on NSE, ahead of the announcement.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsDividend stocksdividendsshare market today