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Grand Foundry Limited — Updates, 15-05-2026: General Updates
15-05-2026 · 04:36 pm
Grand Foundry's open offer completed. Acquirers Rakesh Bansal and Gaurav Goyal now control 96.16% after acquiring 70.16% for ₹2.99 Cr and 26% via open offer at ₹2/share. Previous promoter reclassified. The company is loss-making with negative net worth and incurred regulatory penalties.
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