Grindwell Norton Limited, a active public limited company, was established on 31 July 1950 in Mumbai, Maharashtra, India. Engaging in plastic-based products within the manufacturing sector, it holds CIN: L26593MH1950PLC008163. Registered under ROC Roc Mumbai. it is listed on BSE: 506076 and NSE: GRINDWELL. It has an authorized capital of ₹66.00 Cr and a paid-up capital of ₹55.36 Cr.
Formerly known as Grindwell Abrasives Limited. It upholds a compliant status. In 2024, it reported revenue of ₹2,719.99 Cr and a net worth of ₹2,051.05 Cr. Employing 2,282 professional, Its leadership includes Archana Niranjan Hingorani (Director), Venugopal Ramnath Shanbhag (Managing Director), Aakil Anand Mahajan (Director). Past directors included Jean-Claude Roger Lasserre, Pradip Panalal Shah, Patrick Millot. It holds ₹33.98 Cr open charges and ₹277.68 Cr settled loans. Its latest AGM occurred on 25 July 2025, with the balance sheet filed on 31 March 2025. It is based at 5Th Level, Leela Business Park, Andheri-Kurla Road Marol, Andheri East, Mumbai, Maharashtra, 400059.
L26593MH1950PLC008163
008163
31 July 1950
₹66.00 Cr
₹55.36 Cr
Roc Mumbai
Listed (BSE: 506076, NSE: GRINDWELL)
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Archana Niranjan Hingorani | Director | 01 Apr 2019 | Current |
| Venugopal Ramnath Shanbhag | Managing Director | 01 Apr 2025 | Current |
| Aakil Anand Mahajan | Director | 30 Jul 2022 | Current |
| Hari Singudasu | Whole-Time Director | 01 Apr 2025 | Current |
| David Eric Molho | Director | 12 Oct 2021 | Current |
| Subodh Satchitanand Nadkarni | Director | 25 Jul 2019 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 13 Aug 2023 | Past |
| Pramod Abcsdd | Director | 01 Apr 2019 | Past |
| Pramod Abcsdd | Nominee Director | 01 Sep 2019 | Past |
| Pramod Abcsdd | Managing Director | 31 Mar 2016 | Past |
| Pramod Abcsdd | Director | 12 Dec 2007 | Past |
| Pramod Abcsdd | Nominee Director | 30 Jul 2010 | Past |
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Grindwell Norton Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 12.39% increase. The company also saw a slight improvement in profitability, with a 8.56% increase in profit. The company's net worth Soared by an impressive increase of 14.64%.
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In 2024, Grindwell Norton had a promoter holding of 58.04% and a public holding of 41.96%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹339,769,275.00
₹2,776,757,424.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2017 | Citi Bank N.A. | ₹9.00 Cr | Open |
| 06 Feb 2007 | Yes Bank Limited | ₹12.49 Cr | Open |
| 26 Dec 2006 | Yes Bank Limited | ₹12.49 Cr | Open |
| 30 Jul 1968 | The Secretary To The Government Of Maharashtra | ₹0.05 M | Open |
| 24 Mar 2022 | Axis Bank Limited | ₹25.00 Cr | Satisfied |
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Grindwell Norton has a workforce of 2282 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Grindwell Norton, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grindwell Norton's trajectory.
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Grindwell Norton Limited last Annual general meeting of members was held on 25 Jul 2025 as per latest MCA records. was recorded as a recent event.
The activity Prakash Parappa Sabarad was appointed as a Cfo was appointed as a Cfo on 28 May 2025 & has been associated with this company since 6 months 12 days . was completed.
The activity Stephanie Billet was appointed as a Additional Director was appointed as a Additional Director on 10 May 2025 & has been associated with this company since 6 months 30 days . was completed.
Venugopal Ramnath Shanbhag was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2025 & has been associated with this company since 8 months 7 days . was recorded as a recent event.
The activity Hari Singudasu was appointed as a Whole-time director was appointed as a Whole-time director on 01 Apr 2025 & has been associated with this company since 8 months 7 days . was completed.
The activity Grindwell Norton Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
Grindwell Norton Q2 FY24 results: Revenue increased by 5.16% YoY & profit increased by 13.14% YoY.
The CIN of Grindwell Norton Limited is L26593MH1950PLC008163.
Grindwell Norton Limited is headquartered at 5Th Level, Leela Business Park, Andheri-Kurla Road Marol, Andheri East, Mumbai, Maharashtra, 400059.
Grindwell Norton Limited was incorporated on 31 July 1950.
The current directors of Grindwell Norton Limited are
The primary industry of Grindwell Norton Limited is Manufacturing.
Grindwell Norton Limited is listed. It is listed on BSE: 506076 and NSE: GRINDWELL.
The authorized capital of Grindwell Norton Limited is ₹66.00 Cr, and the paid-up capital is ₹55.36 Cr.
The compliance status of Grindwell Norton Limited is Compliant.
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