Grand Foundry Announces Major Leadership Changes

In a series of corporate announcements, Grand Foundry Ltd confirmed sweeping changes in its leadership structure. Nitin Gupta has been appointed as the new Chief Financial Officer, succeeding Shivani Jain, who resigned from the role. The company also reported the resignation of CEO Ashish Kumar, signaling a broader management reshuffle.  

To strengthen its executive leadership, Grand Foundry has appointed Gaurav Goyal as Executive and Managing Director. Industry observers note that these changes reflect the company’s efforts to realign its strategic direction and enhance governance amid evolving market conditions.  

Key Highlights  

• Nitin Gupta appointed as Chief Financial Officer  
• Shivani Jain resigns as CFO  
• Ashish Kumar resigns as Chief Executive Officer  
• Gaurav Goyal appointed as Executive and Managing Director  
• Leadership changes aimed at strengthening governance and strategic focus  

Conclusion  
The leadership transitions at Grand Foundry Ltd mark a critical juncture for the company. With new appointments and key resignations, the firm is expected to recalibrate its strategy, focusing on stability and long-term growth in a competitive market environment.  

Sources: Reuters, Economic Times, Business Standard