Please find attached the outcome of the Board Meeting held on June 4,2026
Awaiting price reaction for this filing.
Grand Foundry Ltd's Board, at its meeting on June 4, 2026, approved several key items. The Board appointed M/s Agarwal & Saxena, Chartered Accountants as the new Statutory Auditors for a five-year term (from the 34th AGM to the 39th AGM), subject to shareholder approval. This change follows the completion of the term of M/s ANSK & Associates, who had been appointed in February 2026 to fill a casual vacancy. The Board also appointed M/s Goyal Mittal & Associates LLP as the new Internal Auditor with immediate effect. Additionally, the 34th Annual General Meeting was scheduled for June 30, 2026, at 1:00 PM via video conferencing, with the e-voting cut-off date set as June 23, 2026.
This is a routine governance update with no major red flags. Shareholders will need to approve the new Statutory Auditor at the upcoming AGM on June 30, 2026. The auditor change is a planned transition rather than a sudden resignation, so it is unlikely to materially affect the stock price.