Grand Foundry Promoter Selling (Off-Market)
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.
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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 Limited held its 01st Extra-Ordinary General Meeting on August 13, 2026, to discuss various resolutions including director appointments and name change.
Grand Foundry Limited has issued a notice for an Extraordinary General Meeting (EGM) scheduled for August 13, 2026. The meeting will consider several director appointments.
Grand Foundry Ltd reported revenue from operations of ₹19.6 Cr and net profit of ₹2.1 Cr for Q1 FY27.
Grand Foundry scheduled a board meeting on July 20, 2026. The board will consider and approve un-audited financial results for the quarter ended June 30, 2026.
Grand Foundry announced a major management overhaul following its acquisition by SAR Televenture. The board was reconstituted with several new director appointments and KMP resignations.
Grand Foundry held its board meeting on July 9, 2026, appointing new Managing Director, Whole‑time Director, Independent Director and CFO. Several directors resigned following SAR Televenture’s acquisition.
SAR Televenture launched an open offer to acquire 7.91 million shares of Grand Foundry at ₹2.50 each, totaling ₹1.98 Crore. The offer opened on 9 June 2026 and closes on 22 June 2026.