Grovy India Limited, initially established as Grovy Exports and Marketing Limited in 1985, underwent a name change in 2015 to reflect its evolving business focus. The company is actively involved in property development and the trading of shares, commodities, and other financial instruments. In the financial year 2019-20, Grovy India Limited expanded its operations through a Scheme of Arrangement, merging with Ankur Buildtech Private Limited, Ganesh Contractors and Colonisers Private Limited, and Ganesh Promoters Private Limited. This merger was finalized on October 16, 2019, and as a result, 11,14,401 equity shares were issued to the shareholders of the merged entities. This strategic amalgamation has strengthened Grovy India Limited's market position in both real estate development and financial trading sectors.
