BSEGrand Foundry LtdMediumNeutral
Announced Thu, 18 Sept · 15:33 IST

Proceedings of the 33rd Annual General Meeting of Grand Foundry Limited

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grand Foundry Ltd held its 33rd AGM on Thursday, September 18, 2025 at 12:30 PM via video conferencing, chaired by Chairperson Shivani Jain. A total of 36 shareholders attended (1 from promoter group and 35 from public). Four ordinary resolutions were placed before members: adoption of FY25 financial statements with Board and Auditor reports, reappointment of director Shivani Jain (DIN: 10187386) who retires by rotation, appointment of M/s L. Gupta & Associates as Secretarial Auditors for a five-year term (FY2025-26 to FY2029-30), and regularization of Mr. Ashish Kumar (DIN: 08052525) as Non-Executive Independent Director. Remote e-voting was conducted between September 15 and 17, 2025 via NSDL, with Mr. Nitin Nagar acting as scrutiniser. The audit report carried no qualifications, and the meeting concluded at 12:56 PM. Voting results and scrutiniser's report will be shared with stock exchanges shortly.

Likely market impact

This is a routine disclosure of AGM proceedings; the actual outcome of the four resolutions (via e-voting results) is awaited and will determine any governance changes. The proposed five-year appointment of a new secretarial auditor and regularization of a new independent director suggest routine board refreshment with no immediate material impact on shareholders.