Grand Foundry Ltd: Board Reconstituted Post SAR Televenture Acquisition

Grand Foundry Limited announced a significant change in its management following the acquisition of control by SAR Televenture Limited. The Board of Directors has been reconstituted, with several key appointments effective July 9, 2026. Mr. Deepak Chaudhary has been appointed as Managing Director, and Mr. Vikas Tandon as Whole-time Director. Additionally, Mr. Paramjit Singh joins as Non-Executive Non-Independent Director, and Mr. Arun Goel as Independent Director. Mr. Kamal Garg has been appointed as the new Chief Financial Officer. These changes are subject to necessary statutory and shareholder approvals.