Grand Foundry Ltd: Board Reconstituted Post Open Offer

Grand Foundry Limited announced that its Board of Directors has approved a reconstitution of the Board and Key Managerial Personnel, effective July 9, 2026. This follows the acquisition of control and management by SAR Televenture Limited after the successful completion of its Open Offer. Key appointments include Mr. Deepak Chaudhary as Managing Director, Mr. Vikas Tandon as Whole-time Director, Mr. Paramjit Singh as Non-Executive Non-Independent Director, Mr. Arun Goel as Independent Director, and Mr. Kamal Garg as Chief Financial Officer. These appointments are subject to necessary shareholder and statutory approvals.