ALPHA TRIBE

Grand Foundry LimitedBoard Meeting, 21-04-2025: Outcome of Board Meeting

21-04-2025 | 04:28 pm

The Board of Directors of Grand Foundry Limited has approved the request from promoters to be reclassified from the "Promoter" category to "Public" category, following their sale of 2.13 crore shares, which represented 70.12% of the company's equity, to new promoters. The Board confirmed that the exiting promoters do not hold any shares, exercise control, or participate in management. The resolution empowers the Director, Shivani Jain, to execute any necessary actions to implement this change.

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