Company Profile

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Grauer & Weil (India) has informed that the Board of Directors of the Company in their Meeting held on 15th April, 2024 has approved the allotment of 22,67,05,750 Equity Shares of Re. 1/- each as fully paid up Bonus Shares, in ratio 1:1 i.e. 1 new Equity Share of Re. 1/- each for every 1 existing Equity Share of Re. 1/- each to the eligible Members, whose name appeared in the Register of Members / list of Beneficial Owners as on Wednesday, 10th April, 2024, i.e. the Record Date fixed for the purpose. The Bonus Equity Shares so allotted shall rank with the existing Equity Shares of the Company in all respects. Consequently, the Paid-up Equity Share Capital of the Company stands increased from Rs 22,67,05,750 divided into 22,67,05,750 Equity Shares of Re. 1/- each to Rs 45,34,11,500 divided into 45,34,11,500 Equity Shares of Re. 1/- each. The bonus equity shares shall be credited / dispatched to the eligible shareholders as the case maybe, within the statutory and pregulatory timelines. The Meeting of the Board of Directors commenced at 9:00 am and concluded at 10.00 am. The aforesaid information shall be made available on the Company's website at www.growel.com.

The above information is a part of company’s filings submitted to BSE.

Grauer & Weil (India) has entered into Technology Transfer and License Agreement with OTMK GmbH (Licensor), a Corporation duly incorporated under the laws of Germany. This Agreement shall remain valid for 10 years.

The Licensor will grant to the Company and/or its Subsidiaries an exclusive license to use the Proprietary Information and Services for manufacturing, using, selling and operating plants, machineries and equipments for electroplating and other industrial finishes or any other products or services including for treatment of effluents and also to provide necessary support and help in sustaining and enhancing the business of the Company, within India.

Grauer & Weil (India) is engaged in the manufacture of virtually the entire range of metal finishing chemicals, as well as all types of equipment and plating plants made to international specifications and supplied to exacting standards the world over.

Grauer & Weil (India) is currently trading at Rs. 172.50, up by 7.90 points or 4.80% from its previous closing of Rs. 164.60 on the BSE.

The scrip opened at Rs. 166.90 and has touched a high and low of Rs. 177.00 and Rs. 164.50 respectively. So far 188842 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 204.80 on 27-Feb-2024 and a 52 week low of Rs. 88.85 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 177.00 and Rs. 156.00 respectively. The current market cap of the company is Rs. 3906.14 crore.

The promoters holding in the company stood at 69.05%, while Institutions and Non-Institutions held 1.09% and 29.87% respectively.

Grauer & Weil (India) has entered into Technology Transfer and License Agreement with OTMK GmbH (Licensor), a Corporation duly incorporated under the laws of Germany. This Agreement shall remain valid for 10 years.

The Licensor will grant to the Company and/or its Subsidiaries an exclusive license to use the Proprietary Information and Services for manufacturing, using, selling and operating plants, machineries and equipments for electroplating and other industrial finishes or any other products or services including for treatment of effluents and also to provide necessary support and help in sustaining and enhancing the business of the Company, within India.

Grauer & Weil (India) is engaged in the manufacture of virtually the entire range of metal finishing chemicals, as well as all types of equipment and plating plants made to international specifications and supplied to exacting standards the world over.