
Board Meeting14 Sept 2026, 10:32 am
Grand Foundry Ltd Board Meeting on Sep 17 to Consider NCDs, Equity Issuance
AI Summary
Grand Foundry Ltd has announced a Board of Directors meeting scheduled for September 17, 2026. The primary agenda items include considering and approving the issuance of Non-Convertible Debentures (NCDs) on a private placement basis, intended for the acquisition of shares in M/s Tikona Infinet Private Limited. Additionally, the board will discuss fundraising activities through the issuance of equity shares or warrants convertible into equity shares, via preferential allotment or other permissible modes. The trading window for designated persons will be closed until 48 hours after the board meeting's outcome is declared.
Key Highlights
- Board meeting scheduled for September 17, 2026.
- Proposal to issue Non-Convertible Debentures for acquisition.
- Consideration of equity share/warrant issuance for fundraising.
- Trading window closure for designated persons announced.
Price Impact
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