Please refer to the attached file.
Awaiting price reaction for this filing.
Grand Foundry Ltd reported a net loss of Rs 23.62 lakh for Q3 FY26 (Oct-Dec 2025), widening from a Rs 15.05 lakh loss in the same quarter last year. For the nine-month period (Apr-Dec 2025), the loss stood at Rs 70.60 lakh versus Rs 52.28 lakh in the corresponding period of FY25. Revenue from operations for Q3 was a negligible Rs 2.05 lakh against total expenses of Rs 23.62 lakh, indicating the company is incurring costs without meaningful income. The auditor's review report carries an 'Other Matter' paragraph flagging that the company's shares are under Graded Surveillance Measures (GSM) Stage 3 on both NSE and BSE, restricting trading. The company also mentioned acquisition of controlling stake and change in promoter group via a Share Purchase Agreement dated Dec 26, 2025, with related open offer details provided.
Persistent and widening losses with almost no revenue raise serious concerns about the company's viability as a going concern. The GSM Stage 3 trading restriction and change of control through a takeover add to uncertainty, making this a high-risk stock for retail investors.