Shareholders meeting

BSE Limited National Stock Exchange of India Limited Phiroze JeeJee Bhoy Towers Exchange Plaza Dalal Street,Fort Bandra-Kurla Complex, Bandra(E) Mumbai 400001 Mumbai 400051 Scrip Code: 513343 Symbol: GFSTEELS Sub: Notice of the 01/2026-27 Extraordinary General Meeting of the Company Dear Sir/ Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), please find enclosed the Notice of the 01/2026-27 Extraordinary General Meeting ("EGM") of the Company, along with the Explanatory Statement and e-voting instructions ("EGM Notice"), scheduled to be held on Thursday, August 13, 2026, at 12:00 P.M. (IST) through Video Conferencing ("VC")/Other Audio-Visual Means ("OAVM"), in compliance with the applicable circulars issued by the Ministry of Corporate Affairs ("MCA") and the Securities and Exchange Board of India ("SEBI"). The EGM Notice is being sent only through electronic mode to those Members whose names appear in the Register of Members or Register of Beneficial Owners maintained by the Depositories as on the close of business hours on Friday, July 17, 2026, and whose email addresses are registered with the Company or the Depository Participants. Further, pursuant to Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of the SEBI Listing Regulations, the Company has provided the facility to its Members to cast their votes electronically through remote e- voting or through e-voting during the EGM. Members whose names appear in the Register of Members/Register of Beneficial Owners as on the cut- off date, i.e., Thursday, August 6, 2026, shall be entitled to cast their votes on the resolutions proposed to be passed at the EGM. The EGM Notice, along with the Explanatory Statement and e-voting instructions, is also available on the website of the Company at https://gfsteel.co.in, on the websites of the Stock Exchanges, i.e., BSE Limited at https://www.bseindia.com and National Stock Exchange of India Limited at https://www.nseindia.com, and on the website of Purva Sharegistry (India) Private Limited at https://evoting.purvashare.com. You are requested to take the above information on record. Thanking you, For Grand Foundry Limited (Sonia Arora) Company Secretary & Compliance Officer Membership No. : A25863 Date: July 20, 2026 Place: New Delhi 17, 1st Floor, A Wing, B No. 19, BKC Bandra Pinnacle Corporate Park, MUMBAI- 400098 | CIN No.: L61900MH1974PLC017655 + 9 1- 9315615506| cs@gfsteel.co.in | www.gfsteel.co.in NOTICE OF 01/2026-27 EXTRA-ORDINARY GENERAL MEETING Notice is hereby given that (01/2026-27) Extra-Ordinary General Meeting ("EGM”) of Grand Foundry Limited will be held on Thursday, August 13, 2026 at 12:00 PM (IST) through Video Conferencing ("VC") or Other Audio Visual Means (‘OAVM’), to transact the following businesses. The venue of the EGM shall be deemed to be the Registered Office of the Company, and the proceedings of the EGM shall be deemed to be made thereat, to transact the following Special Businesses: SPECIAL BUSINESSES: Item No. 1: To consider and approve the Appointment of Mr. Arun Goel (DIN: 11792383) as a Non-Executive Independent Director of the Company To consider, if thought fit, to pass, with or without modification(s) the following Resolution as Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152,161 read with Schedule IV and all other applicable provisions, if any, of the Companies Act, 2013 ("Act") read with the Companies (Appointment and Qualification of Directors) Rules, 2014 and applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), including Regulations 16, 17 and 25 thereof, as amended from time to time (including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force), and pursuant to the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, Mr. Arun Goel (DIN: 11792383), who was appointed by the Board as an Additional Director in the capacity of Non-Executive Independent Director of the Company with effect from July 9, 2026, and who has submitted the requisite declarations confirming that he meets the criteria of independence prescribed under Section 149(6) of the Act and Regulation 16(1)(b) of the SEBI Listing Regulations and is eligible for appointment, be and is hereby appointed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for the first term of five (5) consecutive years commencing from July 9, 2026 and ending on July 8, 2031, on the terms and conditions set out in the Explanatory Statement annexed to this Notice. RESOLVED FURTHER THAT the Board of Directors of the Company (which term shall be deemed to include any Committee thereof) be and is hereby authorised to do all such acts, deeds, matters and things and to execute all such documents, instruments and writings as may be considered necessary, proper or expedient, including filing of necessary forms and returns with the Registrar of Companies, Stock Exchange(s) and other statutory/regulatory authorities, and to delegate all or any of its powers herein conferred to any Director(s), Key Managerial Personnel or authorised officer(s) of the Company for giving effect to this Resolution." Item No. 2: Regularization of Mr. Vikas Tandon (DIN: 08001501) as Director To consider and, if thought fit, to pass, with or without modification(s), the following Resolution as an Ordinary Resolution: "RESOLVED THAT pursuant to the provisions of Sections 152, 161 and all other applicable provisions, if any, of the Companies Act, 2013 ("Act") read with the Companies (Appointment and Qualification of Directors) Rules, 2014, the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), including Regulation 17(1C), and the Articles of Association of the Company (including any statutory modification(s), 17, 1st Floor, A Wing, B No. 19, BKC Bandra Pinnacle Corporate Park, MUMBAI- 400098 | CIN No.: L61900MH1973PLC017655 +91- 9315615506| info@grandfoundry.in | www.gfsteel.co.in amendment(s) or re-enactment(s) thereof for the time being in force), and pursuant to the recommendation of the Nomination and Remuneration Committee and the approval of the Board of Directors, Mr. Vikas Tandon (DIN: 08001501), who was appointed as an Additional Director of the Company with effect from July 9, 2026 under Section 161(1) of the Act and who holds office up to the date of the ensuing General Meeting or three months from the date of his appointment, whichever is earlier, be and is hereby appointed as a Director of the Company, liable to retire by rotation. RESOLVED FURTHER THAT the Board of Directors of the Company (which term shall be deemed to include any Committee thereof) be and is hereby authorised to do all such acts, deeds, matters and things, including filing of necessary forms and returns with the Registrar of Companies, Stock Exchange(s) and other statutory or regulatory authorities, and to delegate all or any of its powers to any Director, Key Managerial Personnel or authorised officer(s) of the Company, as may be considered necessary, proper or expedient for giving effect to this Resolution." Item No. 3: Appointment of Mr. Vikas Tandon (DIN: 08001501) as Whole-time Director of the Company and Approval of Remuneration Payable to him To consider and, if thought fit, to pass, with or without modification(s), the following Resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, 203 and all other applicable provisions, if any, of the Companies Act, 2013 ("Act") read with Schedule V thereto, th [Showing first 8,000 characters — download PDF for full document]