Grand Foundry Open Offer: ₹1.98 Cr
SAR Televenture Limited launched a ₹1.98 Crore open offer to acquire a 26% stake in Grand Foundry Limited. The offer price is set at ₹2.50 per share.
- Value
- ₹1.98 Cr
- Execution
- June 09, 2026 to June 22, 2026
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Time
39 announcements
SAR Televenture Limited launched a ₹1.98 Crore open offer to acquire a 26% stake in Grand Foundry Limited. The offer price is set at ₹2.50 per share.
Grand Foundry Limited filed its Annual Secretarial Compliance Report for FY2025. The report notes prior board composition non-compliance which the company has since rectified.
Grand Foundry Limited applied to reclassify three individuals from the promoter group to public shareholders. This regulatory move follows observations from the stock exchange for compliance.
Grand Foundry Ltd reported revenue from operations of ₹10.5 Cr and net profit of ₹0.9 Cr for Q4 FY26.
Grand Foundry Limited approved its audited FY26 results with an unmodified auditor opinion. The company reported annual revenue of ₹10.53 Crore and a profit of ₹0.18 Crore.
Grand Foundry Limited confirmed it is not classified as a 'Large Corporate' under SEBI norms for FY 2025-26. The company reported outstanding borrowings of ₹6.79 Crore as of March 31, 2026. This disclosure is a routine regulatory requirement regarding debt-raising frameworks.
Grand Foundry Limited has scheduled a board meeting on May 7, 2026, to consider and approve the audited standalone financial results for the year ended March 31, 2026. The company also confirmed that the trading window for designated persons has been closed since April 1, 2026.
Grand Foundry Limited has scheduled a Board of Directors meeting for May 7, 2026. The board will primarily consider and approve the audited financial results for the quarter and year ended March 31, 2026. Consequently, the trading window for designated persons is closed until 48 hours after the results declaration.
Grand Foundry Ltd submitted its quarterly certificate under Regulation 74(5) of SEBI (DP) Regulations for the period ended March 31, 2026. The Registrar, Purva Sharegistry (I) Pvt. Ltd., confirmed that security certificates received for dematerialisation were processed and substituted in the register of members within prescribed timelines.