BSEGrand Foundry LtdMinimalNeutral
Announced Sat, 14 Feb · 11:34 IST

Plesae refer to the attached file

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grand Foundry Limited has filed copies of newspaper advertisements of its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, published in Financial Express (English) and Apla Mahanagar (Marathi) on February 14, 2026. For Q3 FY26, the company reported nil revenue from operations and nil other income, with total expenses of Rs. 23.62 lakhs (mainly finance costs of Rs. 13.49 lakhs and other expenses of Rs. 7.16 lakhs), translating to a net loss of Rs. 23.62 lakhs versus a loss of Rs. 15.05 lakhs in Q3 FY25 and Rs. 32.30 lakhs in Q2 FY26. Loss per share for the quarter stood at Rs. 0.08. For the nine months ended December 2025, the cumulative net loss widened to Rs. 70.60 lakhs compared with Rs. 52.28 lakhs a year earlier. The filing also highlights a change of control, with new promoters Mr. Rakesh Kumar Bansal and Mr. Gaurav Goyal acquiring a combined controlling stake, and notes that financial records of the acquired entity are still under review and reconciliation.

Likely market impact

The company continues to report losses with no operating revenue, suggesting weak or dormant core activity at present. The pending review and reconciliation of the newly acquired entity's books may lead to material adjustments, fair-value changes, or restated financials in upcoming quarters, which shareholders and investors should monitor closely.