BSEGrand Foundry LtdLowNeutral
Announced Thu, 18 Sept · 15:39 IST
Appointment of Secretarial Auditor
Management Changes View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Grand Foundry Ltd has appointed M/s L. Gupta & Associates, a peer-reviewed firm of Practicing Company Secretaries led by Ms. Loveleen Gupta, as its Secretarial Auditor. The appointment was approved by shareholders on September 18, 2025, for a term of five consecutive years covering FY 2025-26 to FY 2029-30. The appointment is made to comply with the Companies Act, 2013 and SEBI's Listing Regulations. The firm is stated to be independent of the company's directors.
Likely market impact
This is a routine regulatory compliance requirement for listed companies and is unlikely to materially impact the stock. It signals stable governance continuity with a long-term auditor appointment.