Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, Grand Foundry has informed that the Company had made an application to the Stock Exchange under Regulation 31A of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 for re-classification of promoter/ promoters group. However, the Stock Exchange has rejected the application for re-classification of promoter/ promoters group.
The above information is a part of company’s filings submitted to BSE.