Grand Foundry Ltd. has been engaged in manufacturing Bright Steel Bars and wires since 1974, serving both domestic and export markets. Looking forward, the company is actively seeking potential investors to secure funds and restart its production on a large scale. Due to current financial constraints, the company has been depending on processing steel on a job work basis to maintain better economics. Its products are used to make components for the automotive, machinery manufacturing, food processing, electronics, and electrical appliance industries. The company has also undertaken special heat treatment jobs to establish a future market for Hardened & Tempered steel products. Historically, it has enjoyed a market share in developed countries like the United States and the European market, reflecting its international expertise.;

MD/CEO

Founded in

1974

BSE symbol

513343

Shareholding Pattern

Dec '24

Mar '25

Jun '25

Sep '25

Dec '25

Retail And Others
85.94%
Promoters
14.04%
Other Domestic Institutions
0.02%
Mutual Funds
0.01%

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BSE • 2 days ago

Grand Foundry Ltd has made a public announcement regarding an open offer.

BSE • 3 days ago

Grand Foundry Ltd's promoters signed an SPA with Sar Televenture Ltd for sale of 70.2% equity at Rs. 1.5/share. This transaction involves management control transfer, board changes, and promoter declassification.

BSE • 3 weeks ago

Grand Foundry Ltd conducted its 1st EGM for FY 2025-26 on Feb 10, 2026, via video conferencing. Key resolutions included director appointments, remuneration approvals, and MOA alteration. E-voting results to be disclosed later.

BSE • 2 months ago

Grand Foundry Ltd announces resignation of internal and statutory auditors, effective 6th Jan 2026. Auditors resigned citing pre-occupation; compliance details as per SEBI regulations provided.

ScoutQuest • 2 months ago

Grand Foundry Ltd appointed multiple directors and key officials on Jan 5, 2026. Independent and executive directors resigned, and office location shifted on the same date.

BSE • 2 months ago

Gaurav Goyal acquired 1.71 crore shares (56.1%) of Grand Foundry Ltd via an open offer. The acquisition was made through an off-market share purchase agreement, making Goyal a promoter.

ScoutQuest • 3 months ago

Grand Foundry's open offer at Rs. 2/share saw only 1,380 shares tendered. Post-offer, acquirers' shareholding in Grand Foundry stands at 96.2%.

Business Standard • 4 months ago

Grand Foundry reports a standalone net loss of Rs 0.32 crore in Q2FY25, up from Rs 0.16 crore in Q2FY24. No sales were reported in Q2FY25, similar to the previous year's corresponding quarter.

ScoutQuest • 4 months ago

Grand Foundry's board approved Q2 and H1 FY25-26 unaudited financials on Nov 13. Independent auditor reviewed results with no objection; firm in GSM Stage 3 temporarily.

ScoutQuest • 4 months ago

Grand Foundry approves share buyback at Rs. 33 per share, max size Rs. 4.55 crore. Buyback constitutes 5.35% of net worth, to be completed within one year.

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