PLEASE FIND ATTACHED THE SCRUTINIZER REPORT AND VOTING RESULTS .
Awaiting price reaction for this filing.
Grand Foundry Limited held an Extraordinary General Meeting (EGM) on February 10, 2026 via video conferencing, where all 12 resolutions were passed with 100% votes in favor. A total of 21,359,600 votes were polled out of 30,430,000 outstanding shares, representing a 70.19% voting turnout, with promoters alone contributing 21,351,740 shares. Key approvals include appointment of three new Independent Directors (Aishwarya Singhvi, Reena Sharma, Shilpi Soni), elevation of Gaurav Goyal as Managing Director and Rakesh Kumar Bansal as Whole Time Director, along with their respective remuneration. Also approved were regularization of Saurabh Goyal as Non-Executive Director, appointment of M/s ANSK & Associates as new Statutory Auditors, and alteration of the Memorandum of Association to insert a new main business object. Scrutinizer Loveleen Gupta of L Gupta & Associates certified the e-voting results; zero votes were cast against any resolution.
With 100% in favor across all 12 resolutions, shareholders (mostly driven by the 70% promoter holding) have given a clean mandate for a significant board restructuring, new management appointments, auditor change, and expansion of the company's permitted business scope. No negative stock reaction is expected from this largely procedural and pre-vetted approval.