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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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.