GRP LTD.

GRP Ltd has completed its investment in BECIS Solar 5 Private Limited by subscribing to and being allotted 2,60,48,649 equity shares at Rs. 1 each, for a total consideration of ₹2.60 crore. This investment, made on a rights basis, brings GRP Ltd's shareholding in BECIS Solar to 26.43%. BECIS Solar is establishing an 8 MW solar power project to supply power to GRP Ltd on a long-term basis. This strategic investment aligns with regulatory requirements for captive users and aims to reduce energy costs while promoting renewable energy usage.

GRP Ltd announced the approval of its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on July 23, 2026. The detailed financial results, along with the Limited Review Report from the Statutory Auditors, have been made available on the company's website.

GRP Ltd's Q1 FY27 marks a clean recovery from a weak Q4. Consolidated revenue rose 26.7% YoY to ₹156.83 Cr (+8.5% QoQ) and net profit reached ₹4.20 Cr versus ₹1.75 Cr a year ago (+140%), reversing the ₹1.34 Cr loss reported in Q4 FY26. The improvement is a margin-and-volume story, not a one-off: there are no exceptional items in either the current or year-ago quarter, so the reported growth is fully underlying. Consolidated operating margin (EBITDA) expanded to ~10.8% from 8.0% a year ago and 6.2% in the loss-making March quarter, while net margin rose to 2.7% from 1.4%. The margin bridge sits on operating leverage from higher Rubber Recycling volumes: segment revenue there grew ~30% YoY to ₹149.6 Cr and segment PBIT jumped ~69% to ₹19.6 Cr, so overheads (other expenses fell to 26.8% of sales from 29.6%; employee costs eased as a ratio) diluted even as gross material cost ran a touch higher. Standalone tells a milder version of the same story — revenue ₹155.65 Cr and PAT ₹4.82 Cr (+48% YoY), a higher absolute profit than consolidated because the 'Others'/subsidiary businesses (GRP Circular Solutions, Gripsurya Recycling LLP) remain a modest drag. The wide gap between standalone (+48%) and consolidated (+140%) PAT growth is purely a base effect: subsidiaries weighed far more heavily on the year-ago consolidated print, so readers seeing either number should note both are correct. On guidance, management's May-2026 concall framed FY27 as a year of improving utilization and operational stability across newer businesses (Pyrolysis, rCB, Pyrova Energy) with a few-hundred-bps lift in Reclaim Rubber EBITDA and FY27 capex of ₹90-100 Cr; this quarter's margin rebound is consistent with — and early evidence for — that on-track narrative, though the newer-business ramp is a FY27-into-FY28 story. There is no formal quantitative guidance to beat/miss, and no meaningful sell-side consensus exists for this ~₹1,000 Cr micro-cap, so 'vs street' is genuinely unknown rather than a beat. Alongside results the board's recent actions add context: a ₹3.50/share dividend and the 52nd AGM (both July 23), and a second ESOS-2024 tranche of 52,530 options granted at ₹1,756 — signalling management confidence at a price well above current levels. No management press release on the numbers was available.

GRP Ltd has announced that its Board of Directors will convene on July 23, 2026, to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. The results will include both standalone and consolidated figures. Concurrently, the company has informed that the trading window for its shares will remain closed from June 30, 2026, until 48 hours after the conclusion of the board meeting, specifically until July 25, 2026, in accordance with its internal code of conduct for securities trading.

GRP Ltd has issued a corrigendum to its Annual Report for the Financial Year 2025-26, rectifying typographical errors. The corrections pertain to Note 41(c) of the standalone financial statements, adjusting figures for short-term employee benefits (from ₹440.71 to ₹490.71) and total compensation to Key Management Personnel (from ₹798.20 to ₹848.20). Additionally, Annexure 4's report date has been corrected from '15th June, 2026' to '15th May, 2026'. The company states these errors have no impact on the financial statements and has uploaded an updated Annual Report to its website.

GRP Ltd has announced the record date for its 52nd Annual General Meeting (AGM) and for determining eligibility for dividend. The record date is set as July 16, 2026. The 52nd AGM will be held on July 23, 2026, with the book closure period running from July 17 to July 23, 2026. E-voting will be open from July 20 to July 22, 2026. This intimation is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

GRP Ltd has announced its 52nd Annual General Meeting (AGM) will be held on July 23, 2026, at 12:30 p.m. IST via Video Conference/Other Audio-Visual Means. The company has submitted its Integrated Annual Report for the Financial Year 2025-26, along with the AGM notice and the Sustainability Report for the same period. These documents are being sent electronically to shareholders and are also available on the company's website. The report highlights the company's focus on advancing sustainability and transforming discarded resources into high-performance materials. Financial highlights for FY26 show Total Income of ₹53,100 Lakhs and Profit After Tax of ₹893 Lakhs.

GRP Ltd has announced its 52nd Annual General Meeting (AGM) will be held on July 23, 2026, at 12:30 p.m. IST via Video Conference/Other Audio-Visual Means. The meeting agenda includes the adoption of audited standalone and consolidated financial statements for FY 2025-26. A key proposal is the declaration of a dividend of ₹3.50 per equity share. The AGM will also address the re-appointment of a director and the ratification of remuneration for the Cost Auditor for FY 2026-27. Additionally, a special resolution will be considered for the payment of remuneration to a Non-Executive Non-Independent Director.

GRP Ltd has announced the closure of its trading window for equity shares. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's internal code of conduct. The window will be shut from the close of business on June 30, 2026, until 48 hours after the declaration of the audited financial results for the quarter ended June 30, 2026. The exact date of the results declaration will be communicated later. All designated persons and their immediate relatives are prohibited from trading in the company's securities during this period.

GRP Ltd's Board of Directors convened on June 17, 2026, approving the notice for the 52nd Annual General Meeting scheduled for July 23, 2026. Additionally, the board sanctioned the grant of 79,400 stock options under the "GRP Limited Employee Stock Option Plan 2024." These options, upon exercise, will result in the issuance of 79,400 equity shares of face value Rs. 10 each. The exercise price will be determined based on the volume-weighted average prices over the 15 trading days preceding the grant. Vesting is expected within a maximum of four years, contingent on achieving earmarked targets.