Grovy India Ltd

Grovy India Ltd – Trading Window closed from 01 October 2026 till end of forty- eight hours after the declaration of Un-audited Financial Results for the second quarter ended 30 September 2026

Meeting Details

• Date, time and venue: July 23, 2026, 04:00 PM, registered office, New Delhi.

Key Agenda Items

• Approval of unaudited Q1 FY2026 financial results (quarter ended June 30, 2026).

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after outcome declaration.

AGM Details

• AGM held on 08 July 2026 via VC/OAVM at 3:00 PM.

Key Resolutions

• Resolution 1 (Ordinary): Adopt Audited Financial Statements for FY ended 31 March 2026.
• Resolution 2 (Ordinary): Final dividend of Rs 0.10 per share (1%) for FY2026.
• Resolution 3 (Ordinary): Anita Jalan appointed director, retire by rotation, eligible for re-appointment.
• Resolution 4 (Ordinary): Increase in Authorized Share Capital and MOA capital clause amended.
• Resolution 5 (Special): Issuance of up to 41,69,433 equity shares on preferential basis.
• Resolution 6 (Ordinary): Prakash Chand Jalan appointed Managing Director and Chairperson.
• Resolution 7 (Ordinary): Ankur Jalan appointed Non-Executive Director.

Voting Results

• Resolution 1: Passed with requisite votes; minimal dissent.
• Resolution 2: Passed; minor opposition.
• Resolution 3: Passed; minor opposition.
• Resolution 4: Passed; minor opposition.
• Resolution 5: Passed; minor opposition.
• Resolution 6: Passed; minor opposition.
• Resolution 7: Passed; minor opposition.

Dividend

• Final dividend of Rs 0.10 per share (1%) for FY2026 approved.

Directors

• Anita Jalan appointed as director (retire by rotation); eligible for re-appointment.
• Prakash Chand Jalan appointed Managing Director cum Chairperson.
• Ankur Jalan appointed Non-Executive Director.

Auditors

• No auditor changes reported at this AGM.

Capital & Other Approvals

• Increase in Authorized Share Capital approved; MOA amended.
• Equity issuance on preferential basis approved.

AGM details

• Date: 08 July 2026; Time: 03:00 PM; Mode: VC/OAVM.

Key resolutions

• Adopt Audited Financial Statements for FY ended 31 March 2026.
• Final dividend of Rs 0.10 per share (1%) for FY 2025-26.
• Anita Jalan reappointed as director liable to retire by rotation.
• Increase authorized share capital and amend MOA.
• Issue up to 41,69,433 equity shares on preferential basis to promoter group and public.
• Prakash Chand Jalan appointed Managing Director cum Chairperson.
• Ankur Jalan appointed Non-Executive Director.

Voting outcomes

• Resolution 1: Passed with requisite votes; minimal opposition.
• Resolution 2: Passed with requisite votes; minimal opposition.
• Resolution 3: Passed with requisite votes; minimal opposition.
• Resolution 4: Passed with requisite votes; minimal opposition.
• Resolution 5: Passed with requisite votes; minimal opposition.
• Resolution 6: Passed with requisite votes; minimal opposition.
• Resolution 7: Passed with requisite votes; minimal opposition.

Dividend details

• Final dividend proposed and approved: Rs 0.10 per equity share.

Director changes

• Anita Jalan reappointed as director liable to retire by rotation.
• Prakash Chand Jalan appointed Managing Director cum Chairperson.
• Ankur Jalan appointed Non-Executive Director.

Dematerialisation status

• No information on processing of dematerialisation/rematerialisation requests is provided.

AGM Details

• AGM held on 8 July 2026 via VC/OAVM; 3:00 PM to 3:22 PM.
• Venue deemed at the registered office.
• Remote e-voting open 9:00 AM 5 July 2026 to 5:00 PM 7 July 2026.
• E-voting during AGM available for 30 minutes.

Resolutions Put to Vote

• Adopt financial statements for year ended 31 March 2026 (Ordinary).
• Declare final dividend of 1% (Rs 0.10 per share) for FY2025-26 (Ordinary).
• Appoint Anita Jalan as director, liable to retire by rotation, for re-appointment (Ordinary).
• Increase authorized share capital and alter MOA (Ordinary).
• Issue up to 4,169,433 equity shares on a preferential basis (Special).
• Appoint Prakash Chand Jalan as Managing Director and Chair for five years (Ordinary).
• Appoint Ankur Jalan as Non-Executive Director liable to retire by rotation (Ordinary).

Voting Results

• Voting results to be announced by 10 July 2026; Scrutinizer's report to be placed on website.

Dividend Details

• Final dividend of 1% (Rs 0.10 per share) for FY ended 31 March 2026.

Director Changes

• Anita Jalan to be re-appointed as director, liable to retire by rotation.
• Prakash Chand Jalan appointed Managing Director and Chair for five years from 12 June 2026.
• Ankur Jalan appointed Non-Executive Director liable to retire by rotation.

Auditor

• No auditor appointment changes disclosed.

Material Related Party Transactions

• No material RPTs disclosed in AGM proceedings.

Other Material Approvals

• Increase in authorized capital and capital clause alteration; preferential issue of up to 4,169,433 equity shares.

Acquisition details

• Grovy India Limited announces acquisition of a premium luxury residential project in Defence Colony, New Delhi.
• Estimated development area approximately 15,000 sq ft.
• Project type is premium luxury residential development.
• Acquisition aims to strengthen Grovy's premium real estate portfolio and growth trajectory.
• Strategic acquisition reinforces presence in South Delhi's prestigious residential neighbourhood.