Grovy India Ltd (GROVY) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Grovy India Ltd on NSE and BSE, with an AI summary of each filing.
Intimation regarding the order passed by the Income Tax Appellate Tribunal in favour of the company.
Others (Uncategorized) · 27 Oct 2026, 7:06 pm
Grovy India Receives Favourable ITAT Order Deleting ₹1.00 Crore Tax Addition Grovy India Limited received an order dated 9th Oct'26 from the Income Tax Appellate Tribunal (ITAT), Delhi Bench "B", partly allowing its appeal for AY 2020-21. The ITAT deleted an addition of ₹1.00 crore previously made under Section 68 of the Income Tax Act regarding an unsecured loan from M/s Nandini Tradex Pvt. Ltd. The ruling held no violation occurred as the company proved identity, creditworthiness, and genuineness. The deletion is expected to reduce the earlier assessed tax demand of ₹119.24 lakh, with no impact on operations.
Investor Presentation for the quarter and half-year ended 30th September 2026.
Investor Presentation · 26 Oct 2026, 11:26 pm
Grovy India Reports Strong H1 Performance and Capital Expansion Grovy India posted solid financial growth for the half-year ended 30th Sep'26, with revenue surging 129.84% YoY to ₹5,476.09 lakh and six-month EPS climbing 142.06% YoY to ₹2.67. Q2 FY27 PAT rose 6.16% QoQ to ₹201.83 lakh, while EBITDA reached ₹316.09 lakh (+14.02% QoQ). Total borrowings decreased 89.62% from 31st Mar'26 to ₹259.01 lakh. The company raised ₹15.01 crore via preferential allotment on 4th Aug'26 to fund its South Delhi redevelopment projects (~1.83 lakh sq. ft. ongoing) and aims for an NSE listing within three years.
Please find the enclosed Financial results along with Limited Review Report of the Company for the quarter and half-year ended on 30th September 2026.
Financial Result · 26 Oct 2026, 11:17 pm
Grovy India Reports Strong H1'26 Results with Significant Profit Growth Grovy India posted total revenue of ₹2,717.66 lakh for Q2'26 (ended 30th Sep'26), up 75% YoY from ₹1,552.87 lakh, while net profit rose over fivefold YoY to ₹201.83 lakh from ₹37.63 lakh. For H1'26, revenue surged 130% YoY to ₹5,476.09 lakh and net profit expanded 166% YoY to ₹391.93 lakh, with EPS increasing to ₹2.67 from ₹1.10. The company increased its authorized share capital to ₹25.00 crore and allotted 41,69,433 equity shares on a preferential basis, taking paid-up equity to ₹1,750.57 lakh.
Please find the enclosed Outcome of the Board Meeting held on 26th October, 2026.
Outcome · 26 Oct 2026, 11:08 pm
Grovy India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakh) ■ Revenue: 2,687 (+79.6% YoY | -2.3% QoQ) ■ EBITDA: 285 (+660.9% YoY | +6.2% QoQ) ■ EBITDA Margin (%): 10.6 (+811 bps YoY | +85 bps QoQ) ■ PAT: 202 (+436.4% YoY | +6.2% QoQ) ■ EPS (INR): 1.26 (+350.0% YoY | -11.9% QoQ) Grovy India Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakh) Segmental Performance Realty Division (Including Construction) ■ Revenue: 2,687 (+225.5% YoY | -2.3% QoQ) ■ EBIT: 310 (+84.3% YoY | +5.9% QoQ) ■ EBIT Margin (%): 11.5 (-884 bps YoY | +89 bps QoQ) Trading of Securities ■ Revenue: 0.0 (-100.0% YoY) ■ EBIT: 0.0 (-100.0% YoY) ■ EBIT Margin (%): 0.0 (-10000 bps YoY)
Grovy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....
Intimation · 26 Oct 2026, 5:30 am
Grovy India Board Meeting Scheduled for 26th Oct'26 to Consider Q2 Results Grovy India Limited has scheduled a Board of Directors meeting on 26th Oct'26 to consider and approve the unaudited financial results and Limited Review Report for Q2 and H1 ended 30th Sep'26. Additionally, the trading window for dealing in company securities has been closed effective 1st Oct'26 and will remain closed until 48 hours following the declaration of the financial results, pursuant to SEBI insider trading regulations.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Prakash Chand Jalan & Others
Acquisition/ Disposal of Shares · 05 Aug 2026, 9:47 pm
Grovy India Promoters Acquire 16.67 Lakh Shares Via Preferential Allotment Promoters of Grovy India Limited acquired 16.67 lakh equity shares on 4th Aug'26 via a preferential allotment for cash. The acquisition represents 9.52% of the post-issue share capital. Following the transaction, the total promoter and promoter group holding in the company decreased from 73.00% to 65.13% due to the equity dilution. The company's total equity share capital increased from ₹13.34 crore to ₹17.51 crore post-allotment, a dilution of approximately 31.26%.
Outcome of meeting of the Preferential Issue Committee of the Board of Directors of Grovy India Limited in terms of the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure ....
Others (Uncategorized) · 04 Aug 2026, 10:11 pm
Grovy India Allots Preferential Shares to Raise ₹15 Crore Grovy India's board, on 4th Aug'26, approved a preferential allotment of 41,69,433 equity shares at an issue price of ₹36 per share, raising ₹15 crore. The shares have a face value of ₹10. This allotment was made to both promoter and public category investors. Consequently, the company's paid-up equity share capital increased to ₹17.51 crore, comprising 1,75,05,705 equity shares.
Investor Presentation for the quarter ended June 30, 2026.
Investor Presentation · 23 Jul 2026, 11:36 pm
Grovy India Reports Strong Sequential Growth in Q1 FY27 Investor Presentation Grovy India reported strong Q1 FY27 sequential performance, with revenue surging 249.40% QoQ to ₹2,758.43 L and Profit After Tax growing 114.02% to ₹190.11 L. This was driven by strong project execution in its core South Delhi market. EBITDA increased 80.84% QoQ to ₹277.23 L, and EPS doubled to ₹1.43. The company acquired three new projects (~50,000 sq. ft) during the quarter. Future plans include a ₹40 crore fund-raising initiative, scaling to 20-25 projects annually, and a potential NSE listing within three years.
Please find the enclosed Financial Results for the quarter ended 30th June 2026.
Financial Result · 23 Jul 2026, 11:22 pm
Grovy India Reports Strong Q1FY27 Revenue and Profit Growth Grovy India posted strong Q1FY27 results for the quarter ended 30th Jun'26, with total revenue rising 232% YoY to ₹2,758.43 lakhs. Profit after tax (PAT) grew 73% YoY to ₹190.11 lakhs from ₹109.69 lakhs. Sequentially, revenue increased 249% QoQ while PAT more than doubled by 114% QoQ. The Realty division drove performance, with segment revenue at ₹2,749.93 lakhs and segment profit at ₹292.71 lakhs. Basic EPS for the quarter stood at ₹1.43, up from ₹0.82 in the prior year's quarter.
Please find the enclosed Outcome of the Board Meeting held on July 23, 2026.
Outcome · 23 Jul 2026, 11:14 pm
Grovy India Reports Strong Q1FY27 Profit Growth Grovy India posted a Q1FY27 net profit of ₹190.11 lakhs, a 73.3% YoY increase from ₹109.69 lakhs in Q1FY26. Total revenue for the quarter ending 30th Jun'26 surged 232% YoY to ₹2,758.43 lakhs. Profit before tax stood at ₹254.05 lakhs, up 72.7% YoY. The Realty division drove performance, with segment revenue of ₹2,749.93 lakhs and segment profit of ₹292.71 lakhs. Basic EPS for the quarter improved to ₹1.43 from ₹0.82 in the prior year's quarter.
Grovy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....
Intimation · 23 Jul 2026, 5:30 am
Grovy India Board Meeting to Approve Q1 FY27 Results Grovy India Limited has scheduled a Board of Directors meeting for 23rd Jul'26 to consider and approve its unaudited financial results for the first quarter (Q1) ending 30th Jun'26. In accordance with SEBI regulations, the trading window for company securities has been closed since 1st Jul'26 and will reopen 48 hours after the results are declared.
Please find the enclosed revised Voting Results pursuant to regulation 44(3) of SEBI (LODR) Regulations, 2015 along with the Scrutinizer''s Report of the 41st Annual General Meeting of ....
Annual General Meeting · 10 Jul 2026, 7:56 pm
Please find the enclosed Voting Results pursuant to Regulation 44(3) of the SEBI (LODR) Regulations, 2015 along with the Scrutinizer''s Report of the 41st Annual General Meeting of Grovy ....
Annual General Meeting · 10 Jul 2026, 7:20 pm
Please find the enclosed Voting Results pursuant to Regulation 44 (3) of the SEBI (LODR) Regulations, 2015 along with the Scrutinizer''s Report of the 41st Annual General Meeting of the Company.
Annual General Meeting · 10 Jul 2026, 7:16 pm
Kindly find the enclosed Proceedings of the 41st Annual General Meeting of Grovy India Limited held on Wednesday, July 08, 2026 through Video Conferencing (''VC'')/Other Audio Visual Means (''OVAM'')
Annual General Meeting · 08 Jul 2026, 9:55 pm
Acquisition of a New Premium Luxury Residential Project.
Press Release · 01 Jul 2026, 4:32 pm
Grovy India Acquires Premium Luxury Residential Project in New Delhi Grovy India announced on 01-Jul'26 its acquisition of a new premium luxury residential project in Defence Colony, New Delhi. This strategic move strengthens its presence in a highly sought-after area. The project has an estimated development area of 15,000 sq. ft. and is expected to enhance the company's portfolio and contribute positively to long-term growth in the premium real estate segment. The company has voluntarily disclosed this information, noting it does not qualify as "Material Information" under regulations.
Acquisition of a New Premium Luxury Residential Project.
Press Release · 25 Jun 2026, 10:19 pm
Grovy India Acquires Premium Residential Project in South Delhi Grovy India announced on 25 Jun'26 the acquisition of a new premium luxury residential project in Gulmohar Park, New Delhi. This strategic move strengthens its presence in the sought-after South Delhi market. The project has an estimated development area of approximately 20,000 sq. ft. This acquisition aligns with the company's vision for high-quality, premium residential spaces and is expected to contribute positively to its long-term growth and project portfolio within the premium real estate segment. The company made this disclosure voluntarily.
Please find the enclosed herewith the Intimation of Book Closure and Cut-off Date/Record Date pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Dividend · 16 Jun 2026, 8:37 pm
Grovy India Sets Record Date and E-Voting for Final Dividend Grovy India has set Wed, 01 Jul'26 as the Record Date for determining shareholder eligibility for its Final Dividend, pending approval at the upcoming AGM. The company also announced a book closure period from Tue, 30 Jun'26 to Wed, 08 Jul'26. The cut-off date for AGM e-voting eligibility is also 01 Jul'26. The remote e-voting window for the AGM will be open from Sun, 05 Jul'26 at 9:00 A.M. to Tue, 07 Jul'26 at 5:00 P.M.
Pursuant to Regulation 34 of the SEBI (LODR) Regulations, 2015, we hereby submit the 41st Annual Report of Grovy India Limited for the Financial Year 2025-26.
Others (Uncategorized) · 15 Jun 2026, 9:37 pm
Grovy India Reports Strong FY26 Performance Driven by South Delhi Redevelopment Grovy India reported robust FY26 results, with revenue from operations up 34.09% YoY to ₹3,534.88 Lakhs, driven by strong project completions in South Delhi. Net Profit (PAT) grew 61.52% YoY to ₹289.81 Lakhs, expanding the net margin to 8.2%. EPS increased 60.74% to ₹2.17. Total assets grew 51.07% to ₹7,335.13 Lakhs, reflecting balance sheet expansion. Future plans include raising up to ₹40 Crore for accelerated growth, partnering with the Golden Growth Fund for an asset-light model, and pursuing an NSE listing.
The 41st Annual General Meeting ("AGM") of Grovy India Limited is scheduled to be held on Wednesday, July 08, 2026 at 03:00 P.M. (IST) through Video Conferencing ("VC")/Other Audio-Visual ....
Annual General Meeting · 15 Jun 2026, 9:14 pm
Grovy India to Raise ₹15 Crore via Preferential Allotment, Increase Authorized Capital Grovy India will hold its 41st AGM on 08 Jul'26 to seek approval for key resolutions. The company plans a preferential issue of up to 41.69 lakh equity shares at ₹36 each, aiming to raise up to ₹15 crore for loan repayment and project development. Consequently, it proposes increasing its authorized share capital from ₹13.5 crore to ₹25 crore. Post-issue, the promoter group's holding will dilute from 73.00% to 65.13%. A final dividend of ₹0.10 per share (1%) for FY26 is also proposed.
Please find the enclosed herewith the disclosure regarding changes in the Board of Directors and Key Managerial Personnel of the Company.
Change in Management · 12 Jun 2026, 11:36 pm
Grovy India Announces Major Leadership Restructuring Grovy India announced a strategic leadership restructuring effective 12th Jun'26. Prakash Chand Jalan, a Non-Executive Director, is appointed as Chairperson & Managing Director for a five-year term. Nishit Jalan will cease his role as Whole-time Director & CEO to become the new Chief Financial Officer. Consequently, the current CFO, Ankur Jalan, will step down from his position and has been appointed as a Non-Executive Director. These changes are aimed at strengthening governance and supporting long-term growth initiatives.
We wish to inform you that the Board of Directors of the Company, at its meeting held today, has considered and approved the businesses as set out in the enclosed Outcome of the Board Meeting.
Outcome · 12 Jun 2026, 11:20 pm
Grovy India Announces Major Leadership Restructuring Grovy India Limited announced a significant management restructuring effective from 12 Jun'26. Mr. Prakash Chand Jalan was appointed as Managing Director cum Chairperson for a five-year term. Concurrent with this, Mr. Nishit Jalan stepped down as Whole-time Director & CEO to become the new Chief Financial Officer. The outgoing CFO, Mr. Ankur Jalan, has transitioned to the role of Non-Executive Director. These changes are part of a broader leadership framework overhaul, with appointments subject to shareholder approval.
Grovy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/06/2026 ,inter alia, to consider and approve the restructuring of the senior ....
Intimation · 10 Jun 2026, 12:53 am
Grovy India Board to Approve Major Senior Management Restructuring on Jun 12 Grovy India's Board of Directors will meet on 12 Jun'26 to approve a significant leadership overhaul. Key proposed changes include appointing Prakash Chand Jalan as MD & Chairperson, transitioning Nishit Jalan from CEO to CFO, and appointing Ankur Jalan as a Non-Executive Director, stepping down from his current CFO role. These changes are subject to shareholder approval and aim to restructure the company's senior management and leadership framework, impacting its Board and Key Managerial Personnel composition.
We wish to inform you that the Board of Directors of the Company, at its meeting held today, has considered and approved the businesses as set out in the enclosed Outcome of the Board Meeting.
Outcome · 09 Jun 2026, 10:36 pm
Grovy India Board Approves ₹15 Crore Preferential Issue and Capital Increase On 09 Jun'26, Grovy India's board approved a preferential issue to raise up to ₹15.01 Cr by issuing 41,69,433 equity shares at ₹36 per share to promoter and public groups. The board also approved increasing the authorized share capital from ₹13.50 Cr to ₹25.00 Cr, subject to shareholder approval. Additionally, a final dividend of ₹0.10 per share (1%) was recommended for FY26, with a record date of 01 Jul'26. A Preferential Issue Committee has been formed to manage the issuance.
Grovy India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/06/2026 ,inter alia, to consider and approve 1. Proposal of issuance of one ....
Intimation · 04 Jun 2026, 8:59 pm
Grovy India Board to Consider Dividend, Fundraising, and Capital Increase on Jun 9th Grovy India’s board will meet on Jun 09, '26 to consider several key proposals. The agenda includes recommending a final dividend of ₹0.10 per share (1%) for FY26. Critically, the board will also evaluate fundraising through equity shares or convertible securities via a preferential or rights issue. Furthermore, proposals for an increase in authorized share capital and an increase in remuneration for the CEO and CFO will be discussed. The date for the 41st Annual General Meeting will also be finalized.