Grand Foundry Limited has announced the resignation of both its Statutory Auditors and Internal Auditors, effective from the close of business hours on January 6, 2026. M/s Ashwani & Associates, Chartered Accountant, served as the Statutory Auditors for the Financial Year 2025-26, while M/s Ajay Kanjhlia & Associates, Chartered Accountant, held the position of Internal Auditors for the same financial year.

The resignations were submitted via letters dated January 6, 2026. The stated reason for the auditors' departure is pre-occupation with other assignments, which limits their ability to devote sufficient time and attention to the company's audit functions.

The company is providing the requisite details as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and the Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. M/s Ashwani & Associates will no longer be associated with the company as Statutory Auditors, and M/s Ajay Kanjhlia & Associates will no longer be associated as Internal Auditors.