ALFA Filings
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Promoter Rakesh Kumar Bansal sold 42,70,072 shares (14.03%) of Tikona Communication Limited via an off-market transaction. This sale follows a Share Purchase Agreement and Open Offer.
Tikona Communication's board approved the issuance of secured, unlisted NCDs worth ₹99.19 Crore. These debentures form part of the consideration for acquiring 62.01% of Tikona Infinet.
Grand Foundry Limited has scheduled a board meeting for 17-Sep-2026 to consider fund raising via debt and preferential issue.
Tikona Communication Limited (formerly Grand Foundry Limited) approved the acquisition of a 62.01% stake in Tikona Infinet Private Limited for an aggregate consideration of Rs.99.22 Crore.
Grand Foundry Ltd has been renamed Tikona Communication Ltd effective September 11, 2026, per MCA approval. The Certificate of Incorporation reflects the consequential MOA and AOA alterations.
Grand Foundry Ltd reported revenue from operations of ₹19.6 Cr and net profit of ₹2.1 Cr for Q1 FY27.
Grand Foundry Ltd reported revenue from operations of ₹10.5 Cr and net profit of ₹0.9 Cr for Q4 FY26.