The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rakesh Kumar Bansal

September 25, 2026 Corporate Services Department The Manager, BSE Ltd. Phiroze Jeejeebhoy Listing Department Towers Dalal Street National Stock Exchange of India Ltd. Mumbai- 400 001 Exchange Plaza, Scrip Code-513343 Bandra-Kurla Complex, Bandra (E) Mumbai-400051 Symbol: GFSTEELS Sub.: Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sirs /M adam, L, Rakesh Kumar Bansal, the erstwhile Promoter of Tikona Communication Limited (previously known as Grand Foundry Limited) (the Company") and the Seller pursuant to the Open Offer made to the shareholders of the Company, hereby infornm you that I have sold 42,70,072 (Forty-Two Lakh Seventy Thousand Seventy-Two) Equity Shares of the Company, representing 14.03% of the paid-up equity share capital of the Company, pursuant to the Share Purchase Agreement ("SPA") dated March 03, 2026 and the Open Offer made in termso f Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI (SAST) Regulations, 2011"). Accordingly, I am enclosing the requisite disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares andTakeovers) Regulations, 2011. Kindly take the same on record. Rakesh Kumar Bansal The Company Secretary Tikona Communication Limited (Previously Known as Grand Foundry Limited) Format for disclosures under Regulation 29(2) of SEBL (SubstantialLÁcquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Tikona Communication Limited Previously Known as Grand Foundry Limited) Name(s) of the acquirer/Seller and Persons Acting in Concer Rakesh Kumar Bansal (PAC) with the acquirer Whether the acquirer/Seller belongs to Promoter/Promoter group Yes Name(s) of the Stock Exchange(s) where the shares of TC are1. BSE Limited 2. National Stock Exchange of India Limited Listed Number % w.r.t.total % W.r.t. total share/voting diluted Details of the acquisition / disposal as follows capital share/voting wherever capital of the TC applicable(*) (**) Before the acquisition under consideration, holding of : a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ 42,71,452 |14.04% 14.04% non-disposal undertaking/ others) Nil Nil Nil c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument Nil Nil Nil that entitles the acquirer to receive shares carrying Nil Nil Nil voting rights in the T C (specify holding in each category) Nil Nil Nil e) Total (a+btc+d) Details of acquisition/sale a) Shares carrying voting rights acquired/sold 42,70,072 |14.03% 14.03% b) VRs acquired /sold otherwise than by shares Nil Nil Nil c) Warrants/convertible securities/any other instrument Nil Nil Nil that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold Nil NiT Nil d) Shares encumbered / invoked/released by the acquirer Nil Nil Nil e) Total (at+btc+/-d) After the acquisition/sale, holding of: a) Shares carrying voting rights 1,380 0.01% 0.01% b) Shares encumbered with the acquirer Nil Nil Nil c) VRs otherwise than by shares Nil Nil Nil d) Warrants/convertible securities/any other instrument Nil Nil Nil that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition Nil Nil Nil e) Total (a+btc+d) Mode of acquisition /s ale (e.g. open market /o ff-market / Off Market public issue / rights issue /preferential allotment / inter-se transfer etc). Sale of 42,70,072 Equity Shares pursuant to the Share Purchase Agreement dated March 03, 2026 and completion of the Open Offer in terms of Regulations 3(1) and 4 of the SEBI (SAST) Regulations, 2011. Date ef aeeuisitien / sale of shares /VRor date-of reeipt ef September 24, 2026 iHimatieH ef alletment ef shares, whieheveris applieabłe KBeing the date on which shares were transferred in the demat account of the acquirer/transferee i.e. SAR Televenture Limited) Equity share capital / total voting capital of the TC before the Rs. 121720000 divided into 30430000 Equity said acquisition /s ale Shares of Rs. 4 each Equity share capital/ total voting capital of the TC after the Rs. 121720000 divided into 30430000 Equity said acquisition / sale Shares of Rs. 4 each Total diluted share/voting capital of the TC after the said Rs. 121720000 divided into 30430000 Equity acquisition Shares of Rs. 4 each (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Rakesh Kumar Bansal Place: Delhi Date: 25S/09/2026