Acquisition Announcement
SAR Televenture to acquire controlling stake in Grand Foundry via SPA and Open Offer
Board approved SPA to buy 2,13,51,740 shares (70.17%) of Grand Foundry at ₹1.50/sh from promoters and to make an open offer for up to 79,11,800 shares (26%) at ₹2.50/sh, implying up to 96.17% ownership; cash deal.



