1ST EGM OF THE COMPANY WAS CONVENED ON 10TH FEBRUARY,2026, TUESDAY, @ 1:00PM THROUGH VC OR OAVM
Awaiting price reaction for this filing.
Grand Foundry Ltd held its 1st EGM of FY 2025-26 on February 10, 2026, at 1:00 PM via Video Conferencing (VC), with 35 members present and the required quorum met. The meeting concluded at 1:45 PM. A total of 12 resolutions were tabled, including appointment of three new Independent Directors (Aishwarya Singhvi, Reena Sharma, Shilpi Soni), regularization and appointment of Gaurav Goyal as Managing Director and Rakesh Kumar Bansal as Whole Time Director along with approval of their remuneration, regularization of Saurabh Goyal as Non-Executive Director, appointment of M/s ANSK & Associates as new Statutory Auditors, and alteration of the Memorandum of Association by inserting a new main object. E-voting was conducted via Purva Share Registry, and results along with the Scrutinizer's Report will be shared with stock exchanges.
This EGM focuses on governance restructuring — installing a new Managing Director (Gaurav Goyal) and Whole Time Director (Rakesh Kumar Bansal), expanding the Independent Director panel, changing statutory auditors, and amending the MOA to widen the company's business scope. Shareholders should watch for the e-voting results, as these changes signal a possible shift in strategic direction and operational leadership.