Intimation of Appointment of Secretarial Auditor under Regulation 24(A) and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
Grand Foundry Ltd informed the stock exchanges that its Board of Directors, at a meeting held on May 21, 2025, approved the appointment of M/s. Nitin Nagar & Associates, a Practising Company Secretary firm (COP No. 24554, Peer Review Certificate No. 4448/2023), as the Secretarial Auditor for the financial year 2024-25. The appointment is being made to comply with the Companies Act, 2013 and Regulation 24(A) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The firm is based in Noida, Uttar Pradesh, and is not related to any of the company's directors. It has experience in corporate law, SEBI regulations, FEMA, and secretarial audit services. The intimation was signed by Director Shivani Jain (DIN: 10187386).
This is a routine regulatory compliance filing — appointing a secretarial auditor is a standard annual requirement under SEBI rules and does not indicate any governance concern or material change. No material impact on shareholders or stock price is expected.