Announcement • Jul 15
Grand Foundry Limited to Report Q1, 2027 Results on Jul 20, 2026 Grand Foundry Limited announced that they will report Q1, 2027 results on Jul 20, 2026 Reported Earnings • Jun 10
Full year 2026 earnings released: EPS: ₹0.06 (vs ₹0.22 loss in FY 2025) Full year 2026 results: EPS: ₹0.06 (up from ₹0.22 loss in FY 2025). Revenue: ₹105.3m (up ₹105.1m from FY 2025). Net income: ₹1.81m (up ₹8.62m from FY 2025). Profit margin: 1.7% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
Grand Foundry Limited, Annual General Meeting, Jun 30, 2026 Grand Foundry Limited, Annual General Meeting, Jun 30, 2026, at 13:00 Indian Standard Time. Announcement • Apr 30
Grand Foundry Limited to Report Q4, 2026 Results on May 07, 2026 Grand Foundry Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 07, 2026 Announcement • Mar 03
SAR Televenture Limited (NSEI:SARTELE) entered share purchase agreement to acquire 70.17% stake in Grand Foundry Limited (BSE:513343) from Gaurav Goyal and Rakesh Kumar Bsnsal for INR 32 million. SAR Televenture Limited (NSEI:SARTELE) entered share purchase agreement to acquire 70.17% stake in Grand Foundry Limited (BSE:513343) from Gaurav Goyal and Rakesh Kumar Bsnsal for INR 32 million on March 3, 2026. A cash consideration of INR 32.03 million will be paid by SAR Televenture Limited. As part of consideration, INR 32.03 million is paid towards common equity of Grand Foundry Limited. Board of SAR Televenture Limited approved the transaction. In a related transaction, acquisition of up to 79,11,800 equity shares at INR 2.50 per share, representing 26% of the total stake of Grand Foundry Limited, from its public shareholders through open offer. The transaction will be completed within six months. Announcement • Jan 08
Grand Foundry Limited Announces Resignation of Nalini Singh as Company Secretary and Compliance Officer, Effective January 8, 2026 Grand Foundry Limited announced that Ms. Nalini Singh has tendered her resignation from the post of Company Secretary and Compliance Officer (Key Managerial Personnel) due to personal reasons. The resignation is effective from the close of business hours on January 8, 2026. Ms. Nalini Singh requested acknowledgment of her resignation letter and arrangement to file the necessary forms with the Registrar of Companies, Ministry of Corporate Affairs, and intimation to the stock exchanges to give effect to this resignation. Announcement • Nov 05
Grand Foundry Limited to Report Q2, 2026 Results on Nov 13, 2025 Grand Foundry Limited announced that they will report Q2, 2026 results on Nov 13, 2025 New Risk • Aug 15
New major risk - Revenue and earnings growth Earnings have declined by 8.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹7.0m free cash flow). Shares are highly illiquid. Negative equity (-₹56m). Earnings have declined by 8.0% per year over the past 5 years. Revenue is less than US$1m (₹205k revenue, or US$2.3k). Market cap is less than US$10m (₹275.4m market cap, or US$3.14m). Announcement • Aug 14
Grand Foundry Limited, Annual General Meeting, Sep 18, 2025 Grand Foundry Limited, Annual General Meeting, Sep 18, 2025. Announcement • Aug 07
Grand Foundry Limited to Report Q1, 2026 Results on Aug 13, 2025 Grand Foundry Limited announced that they will report Q1, 2026 results on Aug 13, 2025 Announcement • Jun 27
Rakesh Kumar Bansal and Gaurav Goyal signed a Share Purchase Agreement to acquire 70.16% stake in Grand Foundry Limited (BSE:513343) from Madhu Garg for INR 29.9 million. Rakesh Kumar Bansal and Gaurav Goyal signed a Share Purchase Agreement to acquire 70.16% stake in Grand Foundry Limited (BSE:513343) from Madhu Garg for INR 29.9 million on June 26, 2025. As part of the acquisition, Rakesh Kumar Bansal and Gaurav Goyal will acquire 4.3 million shares and 17.1 million respectively at a price of INR 1.4 per share. On completion of the SPA, Rakesh Kumar Bansal and Gaurav Goyal will hold 14.03% and 56.13% stake respectively in Grand Foundry Limited. In a separate transaction, Rakesh Kumar Bansal and Gaurav Goyal proposed to acquire 26% stake in Grand Foundry Limited for INR 15.8 million. Board Change • Jun 09
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shivani Jain is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 21
Grand Foundry Limited to Report Q4, 2025 Results on May 28, 2025 Grand Foundry Limited announced that they will report Q4, 2025 results on May 28, 2025 Board Change • Feb 10
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shivani Jain is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Feb 04
Grand Foundry Limited to Report Q3, 2025 Results on Feb 12, 2025 Grand Foundry Limited announced that they will report Q3, 2025 results on Feb 12, 2025 Announcement • Nov 09
Grand Foundry Limited to Report First Half, 2025 Results on Nov 13, 2024 Grand Foundry Limited announced that they will report first half, 2025 results on Nov 13, 2024 Announcement • Sep 04
Grand Foundry Limited Appoints Shefali Kesarwani as Additional Director (Non- Executive Non-Independent Director) Grand Foundry Limited appointed Shefali Kesarwani (DIN: 10259458) as Additional Director (Non- Executive Non-Independent Director) of the Company. Ms. Shefali Kesarwani is a member of the Institute of Company Secretaries of India having vast experience a leading law firm and specializes in various practice areas including General Corporate, Mergers & Acquisitions, Private Equity, Corporate Governance and Education. She has vast experience of advising Indian and international companies on corporate restructuring, amalgamation, merger, demerger & acquisitions. Names of the listed entity in which the director holds directorship is Fruition Venture Limited. Board Change • Aug 09
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CFO & Executive Director Shivani Jain is the most experienced director on the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Aug 07
Grand Foundry Limited to Report Q1, 2025 Results on Aug 13, 2024 Grand Foundry Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • Jul 18
Grand Foundry Limited, Annual General Meeting, Aug 08, 2024 Grand Foundry Limited, Annual General Meeting, Aug 08, 2024, at 12:00 Indian Standard Time. Announcement • Jul 11
Grand Foundry Limited Announces Board Appointments Grand Foundry Limited announced that at its board meeting held on July 11, 2024, approved the: appointment of Mr. Rahul Bhardwaj as additional director (non-executive, independent) of the company. Date of appointment & Term of Appointment: July 11, 2024 (5 Years); The term of appointment shall commence from July 11, 2024 to July 10, 2029. Mr. Rahul Bhardwaj is a member of the Institute of Company Secretaries of India having 7 years' experience a leading law firm and specializes in various practice areas including General Corporate, Mergers & Acquisitions, Private Equity, Corporate Governance and Education. He has an immense experience and specialize in dealing with matters relating to Company Law, Securities Laws, Corporate Governance matters, Legal Due Diligence, Joint Ventures, Foreign Collaborations, Technology Transfers, Mergers and Acquisitions, Due Diligence, Listings, IPO related work and Capital Market Transactions. Appointment of Ms. Sidhi Maheshwari as additional director (non- executive, independent) of the company. Date of appointment & Term of Appointment: July 11, 2024 (5 Years); The term of appointment shall commence from July 11, 2024 to July 10, 2029. Ms. Sidhi Maheshwari is a member of the Institute of Company Secretaries of India having 8 years' experience a leading law firm and specializes in various practice areas including General Corporate, Mergers & Acquisitions, Private Equity, Corporate Governance and Education. She has vast experience of advising Indian and international companies on corporate restructuring, amalgamation, merger, demerger & acquisitions. Announcement • Jun 08
Grand Foundry Limited Announces Resignation of Mrs. Archana Prakash Dakhale as Director Grand Foundry Limited announced that Mrs. Archana Prakash Dakhale Director of the Company has vide her resignation letter dated June 3, 2024, resigned from the Board of the Company with immediate effect, on account of some personal commitments. Date of cessation is June 3, 2024. Announcement • Apr 29
Grand Foundry Limited to Report Q4, 2024 Results on May 09, 2024 Grand Foundry Limited announced that they will report Q4, 2024 results on May 09, 2024 Board Change • Feb 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Taroon Vaswani was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 23
Grand Foundry Limited Announces Resignation of Gagan Chaturvedi as Independent Director Grand Foundry Limited announced that Mr. Gagan Chaturvedi has tendered his resignation as an Independent Director of the Company, with effect from February 22, 2024. Resignation due to pre-occupation with some other activities. New Risk • Feb 15
New major risk - Revenue and earnings growth Earnings have declined by 1.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-₹48m). Earnings have declined by 1.8% per year over the past 5 years. Revenue is less than US$1m (₹1.1m revenue, or US$14k). Market cap is less than US$10m (₹304.9m market cap, or US$3.67m). Announcement • Feb 07
Grand Foundry Limited to Report Q3, 2024 Results on Feb 13, 2024 Grand Foundry Limited announced that they will report Q3, 2024 results on Feb 13, 2024 Announcement • Nov 04
Grand Foundry Limited to Report Q2, 2024 Results on Nov 09, 2023 Grand Foundry Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Announcement • Oct 01
Grand Foundry Limited Announces Board Appointments Grand Foundry Limited announced the appointment of Mr. vijay Paul kaushal as additional director(executive). Mr. shivani Jain as additional director (executive). Mr. Gagan chaturvedi as additional director of the company. New Risk • Sep 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹44m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹44m free cash flow). Shares are highly illiquid. Negative equity (-₹44m). Revenue is less than US$1m (₹1.0m revenue, or US$12k). Market cap is less than US$10m (₹251.4m market cap, or US$3.03m). Announcement • Sep 06
Grand Foundry Limited, Annual General Meeting, Sep 29, 2023 Grand Foundry Limited, Annual General Meeting, Sep 29, 2023, at 12:00 Indian Standard Time. Agenda: To consider and adopt the Annual Audited financial statements of the Company for the financial year ended March 31, 2023 consisting of the Balance Sheet, Statement of Profit and Loss and Cash Flow Statement together with the reports of the Board of Directors and Auditors thereon; to re-appoint Ms. Archana Prakash Dakhale Director of the Company, who retires by rotation and being eligible, has offered herself for re-appointment; to appoint M/s. Ashwani & Associates, Chartered Accountants Statutory Auditors of the Company from the conclusion of this Annual General Meeting i.e. 31st Annual General meeting till the conclusion of 36th Annual General Meeting to be held in the year 2028; and to consider other matters if any. Announcement • Aug 19
Grand Foundry Limited Announces Resignation of Ganga Gupta as Director Grand Foundry Limited announced resignation of Ganga Gupta as director on the date of August 17, 2023. Board Change • Aug 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Gagan Chaturvedi was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Aug 04
Grand Foundry Limited to Report Q1, 2024 Results on Aug 10, 2023 Grand Foundry Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Announcement • Jul 15
Grand Foundry Limited Announces Resignation of Anoop Ramprasad Kabra as Chief Financial Officer Grand Foundry Limited announced that Mr. Anoop Ramprasad Kabra, chief financial officer of the company has vide his resignation letter dated 14 July 2023, resigned from the position of chief financial officer of the company with immediate effect, on account of other commitments and certain other pre- occupations. Announcement • Feb 03
Grand Foundry Limited Announces Board Resignations Grand Foundry Limited announced resignation of Mr. Kersi Pavri, Non-Executive Director of the Company and Mr. Naresh Goradia, Independent Director of the Company with effect from the closure of the business hours of February 2, 2023. Board Change • Nov 21
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Naresh Goradia was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Taroon Vaswani was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Taroon Vaswani was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Dec 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Taroon Vaswani was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Jun 24
Full year 2021 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: ₹10.7m (down 85% from FY 2020). Net loss: ₹1.49m (loss narrowed 93% from FY 2020). Executive Departure • May 18
MD & Executive Director has left the company On the 5th of May, Kiran Jangla's tenure as MD & Executive Director ended after 42.7 years in the role. As of December 2020, Kiran personally held 2.42m shares (₹5.1m worth at the time). A total of 2 executives have left over the last 12 months. Is New 90 Day High Low • Dec 25
New 90-day low: ₹2.10 The company is down 21% from its price of ₹2.65 on 25 September 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 37% over the same period. Is New 90 Day High Low • Nov 19
New 90-day low: ₹2.55 The company is down 18% from its price of ₹3.10 on 21 August 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.