Grand Foundry Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Awaiting price reaction for this filing.
Grand Foundry Limited has submitted to the exchanges a quarterly certificate from its Registrar and Share Transfer Agent, Purva Sharegistry (India) Pvt. Ltd., for the quarter ended 31st December 2025. The certificate confirms that share certificates received from various shareholders for dematerialisation during October–December 2025 were duly verified, accepted or rejected, and that the corresponding physical certificates were cancelled and the depository's name substituted as the registered owner in the company's records. The filing includes a list of around 21 shareholders (such as Arvind Sahani, Madhu Garg, Kanubhai Patel, and others) covering roughly 2,440 shares that were converted from physical to demat form during the quarter.
This is a routine regulatory compliance filing and does not signal any material change in business or operations. It has no direct impact on the stock price or shareholder value, though it reflects the ongoing, gradual migration of physical shares into demat form.