Open Offer timeline revised for Grand Foundry by SAR Televenture

A corrigendum to the detailed public statement has been issued for the open offer by SAR Televenture Limited to acquire Grand Foundry Limited under SEBI SAST Regulations. The key change is a revised timeline: offer opening pushed from April 30 to June 9, 2026, and closing from May 14 to June 22, 2026. SAR Televenture standalone net worth is about Rs 773 crore as of Dec 2025, with sufficient funds confirmed by auditors. Grand Foundry has negative net worth but turned profitable in FY26 with PAT of Rs 18.13 lakhs.