Grand Foundry Limited — Others, 30-11-2024: Shareholders meeting

Grand Foundry Limited has announced a board meeting to discuss the results of its 1st Extra Ordinary General Meeting (EGM) for FY 2024-25, which confirmed approval for several resolutions with unanimous support. Key resolutions include increases in borrowing limits, approvals for related party transactions, and the appointment of Ms. Shefali Kesarwani as an Executive Director. With all 21,629,898 votes in favor, this strong backing highlights shareholder confidence. This outcome may indicate a positive outlook for the company, reinforcing investor sentiment around its strategic direction and governance.