Grand Foundry Limited
Incorporated in 1973, Grand Foundry Ltd manufactures and exports Bright Steel Bars and wires
What Grand files
- Others66
- Board Meeting18
- Important10
- Results3
- Updates3
- Insider Trade2
GFSTEELS moved to change the status of three individuals from its Promoter Group to Public shareholders. This shifts their equity holdings, adjusting the company's public shareholding.
Grand Foundry posted a significant FY26 turnaround, reporting 0.89 Cr profit on 10.53 Cr revenue vs. last year's loss. A major change of control is underway as existing promoters divest 70.17% to SAR Televenture, with an open offer for 26% more shares.
Grand Foundry Limited clarified it does not meet "Large Corporate" criteria for FY26. With 6.79 Cr in outstanding borrowings, it remains outside specific requirements for major debt issuers.
Grand Foundry Limited's promoter has provided a disclosure about their encumbered shares as of March 31, 2026. This filing offers transparency on promoter shareholding status.
GFSTEELS announced its Internal and Statutory Auditors resigned due to other professional commitments. This change in audit partners is effective immediately. The departing auditors noted no reportable issues during their tenure.