Grand Foundry Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for Tuesday, February 10, 2026, at 1:00 PM IST, to be conducted virtually via Video Conferencing (VC)/Other Audio Visual Means (OAVM).

The primary agenda items for the EGM include the consideration and approval of several key appointments. The company plans to appoint Ms. Aishwarya Singhvi, Dr. Reena Sharma, and Ms. Shilpi Soni as Non-Executive Independent Directors for a term of five years, effective January 5, 2026.

Furthermore, the EGM will seek approval for the regularization of Mr. Gaurav Goyal as a Director and his subsequent appointment as Managing Director for a five-year term, commencing January 5, 2026. His remuneration is proposed at ₹50,000 per month for three years. Similarly, Mr. Rakesh Kumar Bansal will be considered for regularization as a Director and appointment as a Whole Time Director for a five-year term, also effective January 5, 2026, with a proposed remuneration of ₹50,000 per month for three years.

Additionally, the company intends to regularize Mr. Saurabh Goyal as a Non-Executive Director. The EGM will also address the appointment of M/s. ANSK & Associates as the new Statutory Auditors to fill the casual vacancy caused by the resignation of M/s. Ashwani & Associates. The proposed auditors will serve until the conclusion of the ensuing Annual General Meeting in 2026.

Another significant item on the agenda is the alteration of the Memorandum of Association (MOA) to include new main objects related to the business of designing, developing, manufacturing, and servicing telecom and communication equipment, as well as providing telecom and communication services, including broadband and high-speed internet access.