Grand Foundry Ltd (GFSTEELS) — Insider Trading | 29 September 2026 (2 announcements)

SAR Televenture Limited acquired 1,70,80,288 shares of Tikona Communication Limited, increasing its stake from 14.04% to 70.17% of the paid-up equity share capital through an off-market transaction under the mandatory open offer regulations, as disclosed in a filing to BSE and NSE on September 28, 2026.

Grand Foundry Ltd (GFSTEELS) disclosed that former promoters Rakesh Kumar Bansal and Gaurav Goyal ceased to be in control after selling their entire stakes—14.04% and 56.13% respectively—following a 70.17% acquisition by Sar Televenture Limited, which completed its open offer on 28 September 2026. The reclassification request seeks to move them from Promoter to Non-Promoter status under SEBI LODR Regulation 31A.