The Board of Directors of Grindwell Norton Limited have recommended a dividend of INR 14.50/- per equity share (290%) of INR 5/- each for the financial year 2022-23, subject to the approval of the Members at the upcoming AGM of the Company to be held on August 14, 2023. The Dividend, if approved shall be paid/dispatched on the fourth day from the conclusion of 73rd Annual General Meeting of the Company ("AGM"), subject to the approval of the Members of the Company. The Register of Members and Share Transfer Books of the Company will remain closed from August 5, 2023 to August 14, 2023 (both days inclusive) for the purpose of the AGM and for the payment of dividend, subject to the approval of the Members at the upcoming AGM of the Company, the payment of such dividend, subject to deduction of tax at source, will be made on or from August 18, 2023.