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Board Meeting Outcome

Grover Jewells Board Meeting Outcome

Grover Jewells Limited board approved increasing its borrowing limit to ₹500 Crore and raising ₹200 Crore via Non-Convertible Debentures. Other approvals include revising managerial remuneration to ₹7 Crore and entering a ₹50 Crore related party transaction with S.S. Bulliions. These measures aim to strengthen the company's capital structure and operational flexibility.

Key figures
Value₹757.0 Cr
Source

NSE filing, NSE: GJL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Grover Jewells Ltd: key numbers

Share price
₹337.70
Market cap
₹489.9 Cr
Revenue (annual)
₹824.2 Cr
Net profit (annual)
₹21.17 Cr
P/E (TTM)
23.1×Sector 49.0×
Promoter holding
73.61%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:57 IST NSE
Partnership

Grover Jewells Partnership

Grover Jewells Limited has secured a preferred partnership and authorized dealership from MMTC-PAMP India Private Limited. The agreement permits offline retailing of minted gold and silver coins and bars.

From
MMTC-PAMP India Private Limited
12:43 IST NSE
Fund Raise

Grover Jewells Fund Raise of ₹30 Cr

Grover Jewells' board approved a Rs 30 Crore loan/credit facility from Bandhan Bank. The approval adds banking support to the company's working capital.

Value
₹30.00 Cr
From
Bandhan Bank Limited

Other board meeting outcome announcements

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