GFSTEELSNSEGrand Foundry LimitedMediumNeutral
Announced Thu, 2 Apr · 17:39 IST

Grand Foundry Limited has informed the Exchange regarding 'Disclosures under Regulation 31(4) of SEBI (SAST) Regulations, 2011 for the year ended 31.03.2026'.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grand Foundry Limited has filed its annual promoter disclosure under SEBI (SAST) Regulations. The filing confirms that promoters Mr. Gaurav Goyal (1,70,80,288 shares) and Mr. Rakesh Kumar Bansal (42,71,452 shares) collectively hold 2,13,51,740 equity shares as of March 31, 2026. The company has explicitly stated that no encumbrance (pledge) was created on promoter shares during the financial year. This is a routine compliance filing required annually under SEBI regulations to maintain transparency on promoter holdings and share pledges.

Likely market impact

The disclosure is neutral for investors as it confirms no new pledge was created on promoter shares. This indicates promoter confidence in the company with no leveraged positions being used. The absence of encumbrance is a positive signal for shareholder alignment.