Grand Foundry Ltd (TIKONA) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Grand Foundry Ltd on NSE and BSE, with an AI summary of each filing.
Please find attached the Scrutinizer Report with voting results
Extra Ordinary General Meeting · 28 Oct 2026, 10:26 pm
Tikona Communication Shareholders Approve Capital Raising and 90.82% Fusionnet Web Acquisition Tikona Communication Limited shareholders approved all 10 resolutions with 100% voting support at its EGM on 28th Oct'26. Material approvals include an increase in authorized share capital, adoption of new Articles of Association, and capital raising via preferential issuances of convertible warrants, equity shares, and redeemable non-convertible cumulative preference shares. Additionally, shareholders approved key related-party transactions, prominently the acquisition of 1,28,09,761 equity shares—representing a 90.82% stake—in Fusionnet Web Services Limited from SAR Televenture Limited.
Please find attached the proceedings of the EGM held on 28th October,2026
Extra Ordinary General Meeting · 28 Oct 2026, 10:24 pm
Tikona Communication Concludes EGM for Capital Increase, Preferential Issues, and Acquisition Tikona Communication Limited conducted its EGM on 28th Oct'26, putting key strategic proposals to vote. Key agenda items included increasing authorized share capital, issuing convertible warrants to promoter and non-promoter groups on a preferential basis, issuing non-promoter equity shares, and private placement of redeemable non-convertible cumulative preference shares. Additionally, shareholders considered the acquisition of 1,28,09,761 equity shares (90.82% stake) of Fusionnet Web Services Limited from SAR Televenture Limited alongside other material related-party transactions. Final voting results will be submitted separately via scrutinizer reports.
Tikona Communication Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 24 Oct 2026, 12:37 am
Please find attached the Un-audited Results for the quarter and half year ended on September 30, 2026.
Outcome · 23 Oct 2026, 11:27 pm
Grand Foundry Ltd - Financial Result for the Quarter ended 30th Sep'26 (Standalone, INR Lakhs) ■ Revenue: 1,149 (-41.5% QoQ) ■ EBITDA: 105 (Loss to Profit YoY | -52.6% QoQ) ■ EBITDA Margin (%): 9.1 (-213 bps QoQ) ■ PAT: 70.2 (Loss to Profit YoY | -66.7% QoQ) ■ EPS (INR): 0.23 (Loss to Profit YoY | -66.7% QoQ)
Please find attached the corrigendum.
Extra Ordinary General Meeting · 23 Oct 2026, 5:39 pm
Tikona Communication Issues EGM Corrigendum Revising Post-Preferential Shareholding Pattern Tikona Communication Limited issued a corrigendum to its 28th Oct'26 EGM notice to rectify post-issue shareholding percentages following a proposed preferential equity allotment. Total equity shares will expand from 3.04 crore to 12.93 crore. Consequently, total promoter holding will dilute from 70.18% (2.14 crore shares) pre-issue to 59.84% (7.74 crore shares) post-issue. Non-promoter holding will rise from 29.82% to 40.16% (5.19 crore shares), driven by an increase in non-promoter corporate bodies' stake to 18.81% (2.43 crore shares). All other terms remain unchanged.
Tikona Communication Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve Please find attached the ....
Intimation · 23 Oct 2026, 5:30 am
Tikona Communication Schedules Board Meeting to Approve Q2 FY27 Financial Results Tikona Communication Limited (formerly Grand Foundry Limited) has scheduled a Board of Directors meeting on 23rd Oct'26 to consider and approve the company's unaudited financial results for the quarter and half-year ended 30th Sep'26. In compliance with SEBI insider trading regulations, the trading window for designated persons has been closed from 1st Oct'26 and will remain closed until 48 hours after the declaration of the financial results.
TIOKONA COMMUNICATION LIMITED has informed the Exchange about Board Meeting to be held on 23-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 23 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Intimation · 23 Oct 2026, 5:30 am
Please find attached the Notice for Extra Ordinary General Meeting
Extra Ordinary General Meeting · 06 Oct 2026, 11:04 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gaurav Goyal
Acquisition/ Disposal of Shares · 06 Oct 2026, 9:45 pm
Tikona Communication Promoter Gaurav Goyal Offloads 56.13% Stake via Share Purchase Agreement Erstwhile promoter Gaurav Goyal sold 1,70,80,288 equity shares, representing 56.13% of the paid-up equity capital of Tikona Communication Limited (formerly Grand Foundry Limited), on 28th Sep'26. The off-market transaction was executed pursuant to a Share Purchase Agreement dated 3rd Mar'26 and an Open Offer under SEBI (SAST) Regulations, with shares transferred to acquirer SAR Televenture Limited. Following the complete disposal of his 56.13% holding, Gaurav Goyal holds nil shares and voting rights in the company.
CA Certificate
Others (Uncategorized) · 06 Oct 2026, 6:15 pm
Grand Foundry Limited Rebranding Compliance Update Grand Foundry Limited submitted a revised auditor certificate dated 1st Oct'26 under SEBI LODR Regulation 45(3) regarding its proposed name change to Tikona Communication Limited. Following a management change via a Share Purchase Agreement and Open Offer dated 26th Jun'25, the company diversified into telecom infrastructure and digital communication services. After reporting nil revenue in the first three quarters of FY 2025-26, the company generated ₹1,052.56 lacs (100% of FY 2025-26 revenue) from its new telecom operations in the quarter ended Mar'26, satisfying regulatory name change requirements.
Please find attached the Outcome.
Outcome · 02 Oct 2026, 12:17 am
Tikona Communication Approves ₹98.85 Cr Preferential Issue and Acquisition of Fusionnet Tikona Communication's board approved acquiring a 90.82% stake in Fusionnet Web Services from SAR Televenture for ₹256.84 Cr, discharged via 8,56,11,902 unlisted 3.20% RNCPS at ₹30 each, targeted to close by 31st Dec'26. Additionally, the board approved a preferential issue of up to 1.04 Cr equity shares at ₹10 each (₹10.40 Cr) to non-promoters and up to 8.845 Cr convertible warrants at ₹10 each (₹88.45 Cr) to promoter and non-promoter groups. An EGM for shareholder approvals is scheduled on 28th Oct'26.
Disclosure under Regulation 31 A(10) of SEBI (Listing Obligation and Disclosure Requirement),2015
Others (Uncategorized) · 29 Sept 2026, 8:48 pm
Tikona Communication Promoters Seek Reclassification Post Takeover by Sar Televenture Sar Televenture acquired 2,13,51,740 equity shares (70.17% stake) of Tikona Communication, completing its open offer on 28th Sep'26 and assuming management control. Consequently, outgoing promoters Rakesh Kumar Bansal and Gaurav Goyal transferred their entire stakes of 14.04% (42,71,452 shares) and 56.13% (1,70,80,288 shares) respectively, reducing their holdings to nil. Both erstwhile promoters have formally requested reclassification from "Promoter/Promoter Group" to the "Non-Promoter/Public" category under Regulation 31A of SEBI LODR Regulations, confirming they hold no voting rights, board seats, or operational control.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SAR Televenture Ltd
Acquisition/ Disposal of Shares · 29 Sept 2026, 5:08 pm
SAR Televenture Acquires Controlling 70.17% Stake in Tikona Communication SAR Televenture acquired 1,70,80,288 equity shares (56.13% stake) of Tikona Communication (formerly Grand Foundry) from erstwhile promoter Gaurav Goyal on 28th Sep'26. The off-market transaction executed pursuant to the Share Purchase Agreement dated 3rd Mar'26 in connection with a mandatory open offer. Post-transaction, SAR Televenture's total holding in Tikona increased from 14.04% (42,72,362 shares) to a controlling 70.17% (2,13,52,650 shares) of the target's total voting capital of ₹12.17 cr (3,04,30,000 equity shares of ₹4 each).
GRAND FOUNDRY LIMITED has informed the Exchange about Board Meeting to be held on 01-Oct-2026 to consider Fund raising.
Intimation · 29 Sept 2026, 4:14 pm
GRAND FOUNDRY LIMITED has informed the Exchange about Board Meeting to be held on 17-Sep-2026 to consider Fund raising.
Intimation · 29 Sept 2026, 2:02 am
GRAND FOUNDRY LIMITED has informed the Exchange about Board Meeting to be held on 17-Sep-2026 to consider Fund raising.
Intimation · 29 Sept 2026, 2:00 am
Grand Foundry Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/10/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) ....
Intimation · 29 Sept 2026, 1:58 am
Tikona Communication Board to Consider Fundraising via Equity and Preference Shares Tikona Communication Limited (formerly Grand Foundry Limited) scheduled a Board of Directors meeting for 1st Oct'26 to evaluate multiple fundraising proposals. The board will consider issuing equity shares and/or convertible warrants through permissible modes, including preferential allotment, in compliance with SEBI ICDR Regulations and the Companies Act, 2013. Additionally, the agenda includes evaluating the issuance of Redeemable Preference Shares or Non-Convertible Redeemable Preference Shares on a private placement or preferential basis, subject to regulatory and statutory approvals.
To consider Fund Raising
Intimation · 29 Sept 2026, 1:57 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rakesh Kumar Bansal
Acquisition/ Disposal of Shares · 25 Sept 2026, 8:29 pm
Rakesh Kumar Bansal Sells 14.03% Stake in Tikona Communication Limited Erstwhile promoter Rakesh Kumar Bansal sold 42,70,072 equity shares (14.03% stake) of Tikona Communication Limited (formerly Grand Foundry Limited) to SAR Televenture Limited via an off-market transaction on 24th Sep'26. The disposal followed the Share Purchase Agreement dated 3rd Mar'26 and the completion of an Open Offer under SEBI (SAST) Regulations. Post-sale, Bansal's equity holding in the company declined from 42,71,452 shares (14.04%) to 1,380 shares (0.01%) of the total voting capital.
Please find attached the Outcome
Outcome · 17 Sept 2026, 10:05 pm
Grand Foundry Limited has informed the Exchange regarding Outcome of Board Meeting held on September 17, 2026.
Outcome · 17 Sept 2026, 9:50 pm
Tikona Communication Approves NCD Issuance To Fund 62.01% Stake In Tikona Infinet Tikona Communication's board approved acquiring a 62.01% stake in Tikona Infinet Private Limited on 17th Sep'26 for Rs 99.22 crore total consideration. The acquisition will be funded via Rs 3.00 lakh in cash and unlisted, secured NCDs worth Rs 99.19 crore across two tranches: Rs 86.80 crore in 36-month NCDs at a 1% annual coupon and Rs 12.39 crore in 12-month NCDs at a 6% annual coupon. Concurrently, the board deferred a planned preferential allotment of convertible warrants.
Grand Foundry Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/09/2026 ,inter alia, to consider and approve Please find attached the Prior ....
Intimation · 14 Sept 2026, 4:01 pm
Tikona Communication Board to Consider NCDs and Preferential Equity Issue Tikona Communication Limited (formerly Grand Foundry Limited) scheduled a Board of Directors meeting for 17th Sep'26. The board will consider approving a private placement of Non-Convertible Debentures primarily to finance the acquisition of shares in Tikona Infinet Private Limited from existing shareholders, including Prakash Chandra Bajpai, Tarun Kumar, Sridhar Krishnamoorthy Iyer, and Krti Technologies Private Limited. Additionally, the board will evaluate fundraising via the issuance of equity shares or convertible warrants through preferential allotment or other permissible modes, subject to regulatory approvals.
Refer to the attached document
Intimation · 13 Sept 2026, 12:58 am
Tikona Communication Board to Consider NCDs and Equity Fundraise on 17th Sep'26 Tikona Communication Limited announced a Board of Directors meeting on 17th Sep'26 to evaluate multiple fundraising proposals. The board will consider issuing Non-Convertible Debentures (NCDs) via private placement, primarily to fund the acquisition of shares in Tikona Infinet Private Limited from existing shareholders. Additionally, the company will review fundraising via equity shares or convertible warrants through permissible routes, including preferential allotment, subject to regulatory and shareholder approvals. The trading window remains closed for insiders until 48 hours post-meeting outcome.
GRAND FOUNDRY LIMITED has informed the Exchange about Board Meeting to be held on 17-Sep-2026 to consider Fund raising.
Intimation · 13 Sept 2026, 12:40 am