Grover Jewells logo

Grover Jewells MD, chairman, board of directors and AGM

NSE: GJLConsumer Durables

Last close ₹356.35down ₹18.75 (5.00%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹375.10.

Range of traded prices from listing on 11 Feb 2026 to 23 Oct 2026
₹91.40Low, 11 Feb 2026₹525.95High, 7 Oct 2026
Market cap
₹517 Cr
P/E
24.4
P/B
7.4
Dividend yield
Nonesince listing in Feb 2026
ROE
30.5%
Debt to equity
0.39
Volume, NSE
800100.0% delivered

Grover Jewells board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

    An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

    Statutory auditor

    Named in the results for the quarter to Mar 2026.

    • VCA & AssociatesPeer-review certificate valid to Dec 2026

    A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

    Grover Jewells AGM and shareholder votes

    Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Grover Jewells share news and announcements

    Annual general meeting, 21 Sep 2026

    183 shareholders on the register on 14 Sep 2026; present: 8 promoters and 4 others; votes counted by AVNISH SHARMA / AVNISH SHARMA & ASSOCIATES.The company's voting result (opens in a new tab)

    1. To receive, consider and adopt the Audited Financial Statements of the Company for the period ended as on 31st March, 2026 together with Auditor’s Report and Directors’ Report thereon.
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 80.15% · promoters 100.00% · institutions 0.00% · other public 24.79%

    2. To re-appoint Mr. Deepak Kumar Grover (DIN: 09357414) as a Managing Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
      OrdinaryPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 80.15% · promoters 100.00% · institutions 0.00% · other public 24.79%

    3. To Consider and appoint M/s. Avnish Sharma & Associates, Company Secretaries (Membership No. 13636 and COP No. 23167) as the Secretarial Auditor of the Company.
      Ordinary
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 80.15% · promoters 100.00% · institutions 0.00% · other public 24.79%

    For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

    Postal ballot, 10 Jun 2026, 4 resolutions

    104 shareholders on the register on 1 May 2026; votes counted by AVNISH SHARMA / AVNISH SHARMA & ASSOCIATES.The company's voting result (opens in a new tab)

    1. TO INCREASE THE BORROWING POWERS OF THE COMPANY UNDER SECTION 180 (1)(C ) OF THE COMPANIES ACT, 2013
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 80.59% · promoters 100.00% · institutions 42.86% · other public 24.08%

    2. TO INCREASE THE OVERALL LIMIT OF MAXIMUM MANAGERIAL REMUNERATION PAYABLE TO ALL THE DIRECTORS
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 7.11% · promoters 0.02% · institutions 42.86% · other public 24.08%

    3. TO INCREASE THE REMUNERATION OF MR. DEEPAK KUMAR GROVER (DIN: 09357414) MANAGING DIRECTOR OF THE COMPANY
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 7.11% · promoters 0.02% · institutions 42.86% · other public 24.08%

    4. TO INCREASE THE REMUNERATION OF MR. LAVKESH KUMAR GROVER (DIN: 09357415) DIRECTOR OF THE COMPANY
      SpecialPromoters have an interest in it
      100.00% for0.00% against

      Against: promoters 0.00% · institutions 0.00% · other public 0.00%

      Turnout: all 7.11% · promoters 0.02% · institutions 42.86% · other public 24.08%

    For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

    Fines and tax disputes

    Reported in the filing for the quarter to Sep 2026.

    • Fine or penaltyDy. Commisioner of Income TaxSince 27 Mar 2026

      Appeal filed against order of Assessment Officer AY 18-19

      Regular Assessment under section-148
    • Fine or penaltyDy. Commisioner of Income TaxSince 31 Mar 2026

      Appeal filed against order of Assessment Officer AY 22-23

      Regular Assessment under section-148
    • Fine or penaltyDy. Commisioner of Income TaxSince 31 Mar 2026

      Appeal filed against order of Assessment Officer AY 23-24

      Regular Assessment under section-148
    • Fine or penaltyDy. Commisioner of Income TaxSince 29 Mar 2026

      Appeal filed against order of Assessment Officer AY 24-25

      Regular Assessment under section-148
    • Tax disputeDCIT/ACIT (CENTRAL)-2 ChandigarhSince 18 Dec 2025
      Pending
      At the filing before: Latest Response Submitted to Block Assessment Process is submitted to Authority on 19.02.2026
    • Tax disputeIncome Tax Department, DelhiSince 24 Jul 2026
      Pending
      At the filing before: Response Submitted awaiting for department reponse

    In the company's own words, from its latest governance filing.

    Investor complaints and compliance

    Quarter by quarter.

    Investor complaints received and resolved, the company's own count

    • Received
    • Resolved

    Open at the quarter's end

    None open at any quarter's end.
    The filing has a part on fines and penalties
    Yes
    The filing has a part on tax disputes
    Yes

    The company's own answers in its filing.

    How money raised was used

    Reported for the quarter to Mar 2026. A statement's amounts are left out where the raise it states is more than ten times everything the company owns, a figure typed at the wrong scale.

    RaisedAmount raisedForSet asideSpentSpent elsewhere
    Public IssuesFeb 2026–Funding the Working Capital requirement of the Company––No
    Public IssuesFeb 2026–General Corporate Purpose––No
    Public IssuesFeb 2026–Issue Related Expense––No
    ₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.