Outcome of the Board Meeting held on 13/08/2025
Awaiting price reaction for this filing.
Grand Foundry Ltd's board approved convening its 33rd Annual General Meeting on 18 September 2025 via video conferencing. The board appointed M/s L. Gupta & Associates, Practicing Company Secretaries (led by Mr. Loveleen Gupta, COP 5287) as the new Secretarial Auditor for a five-year term covering FY2025-26 to FY2029-30, subject to shareholder approval. A cut-off date was fixed for remote e-voting eligibility, with Mr. Nitin Nagar named as Scrutinizer and NSDL appointed to provide the e-voting and virtual meeting platform. The board meeting ran from 1:30 PM to 2:59 PM. No resignations, removals, or management changes were reported.
This is routine corporate housekeeping ahead of the AGM and does not materially affect shareholders or the stock price. The appointment of a new secretarial auditor for a standard five-year term is a regulatory compliance requirement and is neutral for investors.