Grand Foundry Ltd - 513343 - Updates on Open Offer
SAR Televenture announced an open offer to acquire shares of Grand Foundry Ltd at Rs. 2.50 per share. This price is higher than the valuation parameters of Rs. 2.28 per share and the negotiated price of Rs. 1.50 per share, presenting a favorable exit for shareholders.
Jun 08 2026 11:29:47
Grand Foundry Ltd - 513343 - Updates on Open Offer
Grand Foundry's Independent Directors Committee (IDC) has recommended the open offer by SAR Televenture Limited as fair and reasonable. The acquirer seeks to acquire 26% stake at Rs.2.50 per share.
Jun 05 2026 13:40:59
Grand Foundry Ltd - 513343 - Board Meeting Outcome for Outcome Of Board Meeting Held On June 4, 2026, Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
Grand Foundry's Board approved the appointment of M/s Agarwal & Saxena, Chartered Accountants, as Statutory Auditors for a five-year term, following the completion of the previous auditors' tenure. Additionally, M/s Goyal Mittal & Associates LLP were appointed as Internal Auditors. The Board also decided to convene the 34th Annual General Meeting on June 30, 2026, with June 23, 2026, as the e-voting cut-off date.
Jun 04 2026 18:58:51
Grand Foundry Ltd - 513343 - Corrigendum to the Detailed Public Statement
Grand Foundry's open offer schedule has been revised. The tender period for shareholders to offer their shares will now commence on June 9, 2026, and close on June 22, 2026. Payment for accepted shares is due by July 7, 2026.
Jun 01 2026 11:57:25
Read More