Sar Televenture Limited Launches Open Offer for Grand Foundry Ltd
A formal open offer has been initiated by M/s Sar Televenture Limited for the shares of Grand Foundry Limited. The process involves D & A Financial Services (P) Limited, acting as the Manager to the offer.The announcement details pertain to an open offer directed towards the shareholders of Grand Foundry Limited. As part of the advisory requirements for this transaction, the recommendation of an Independent Director has been publicized through advertising in multiple editions of key newspapers.
These newspaper cuttings were published on 05th June, 2026, and include recommendations concerning the acquisition of shares of the target company by the acquirer. The advertisements appeared in Financial Express (English), Jansatta (Hindi), and Mumbai edition of Mumbai Lakshadweep (Marathi).
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