The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for SAR Televenture Ltd

SAR TELEVENTURE LIMITED CIN: L45202UP2019PLC213062 Reg Off.: B-16, First Floor, Sector-2, Noida-201301,Uttar Pradesh Contact: +91-8587050050 Email id: info@sarteleventure.com Website: www.sarteleventure.com September 28, 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, Bandra-Kurla Complex, Bandra (E) Mumbai-400051 Scrip Code/Scrip ID: GFSTEELS | 513343 Symbol: GFSTEELS Sub.: Disclosure under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Dear Sir/Madam, We, SAR Televenture Limited, the Acquirer to the Open Offer made to the shareholders of Tikona Communication Limited (previously known as Grand Foundry Limited) (the “Company”), hereby inform that we have acquired 1,70,80,288(One crore seventylakhs eightythousand two hundred eighty- eight) Equity Shares of the Company, representing 56.13% of the paid-up equity share capital of the Company, pursuant to the Share Purchase Agreement (“SPA”) datedMarch 03, 2026in connection with the mandatory Open Offer made pursuant to Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”). The aforesaid Equity Shares have been acquired from the erstwhile Promoter, Mr. Gaurav Goyal, pursuant to the terms of the SPA in connection with the Open Offer. Consequent to the aforesaid acquisition, the aggregate shareholding of the Acquirer in the Company has increased from 42,72,362 Equity Shares (14.04%) to 2,13,52,650 Equity Shares (70.17%) of the paid- up equity share capital of the Company. Accordingly, we are enclosing herewith the requisite disclosure under Regulation 29(1) of the SEBI (SAST) Regulations. You are requested to kindly take the same on record. Thanking You, Yours Faithfully, For SAR Televenture Limited VIKAS Digitally signed by VIKAS TANDON TTAANNDDOONN DDaattee:: 22002266..0099..2288 2200::3311::3399 ++0055''3300'' Vikas Tandon Chief Financial Officer The Company Secretary Tikona Communication Limited (Previously Known as Grand Foundry Limited) SAR TELEVENTURE LIMITED CIN: L45202UP2019PLC213062 Reg Off.: B-16, First Floor, Sector-2, Noida-201301,Uttar Pradesh Contact: +91-8587050050 Email id: info@sarteleventure.com Website: www.sarteleventure.com Format for Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A-DetailsoofftheAcquisition NameoofftheTargetCompany(TC) Tikona Communication Limited (Previously Known as Grand Foundry Limited) Name(s) ooff the acquirer and Persons Acting iinn Concert (PAC) with the acquirer SAR Televenture Limited Whether the acquirer belongs ttoo Promoter/Promoter Yes group Name(s) ooff the StockExchange(s) wherethe shares 11.. BSE Limited ooffTC are Listed 22.. National Stock Exchange of India Limited Number % w.r.t. % w.r.t. total diluted total share/voting capital of Detailsoofftheacquisitionaassfollows share/voting the TC (**) capital wherever applicable Beforetheacquisitionunderconsideration,holding of acquirer along with PACs of: aa)) Sharescarryingvotingrights 42,72,362 14.04% 14.04% bb)) Shares in the nature of encumbrance (pledge/ lien/ Nil Nil Nil non-disposal undertaking/ others) cc)) Voting rights (VR) otherwise than by equity sharesNil Nil Nil dd)) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify Nil Nil Nil holding in each category) ee)) Total (a+b+c+d) Detailsooffacquisition aa)) Sharescarryingvotingrightsacquired 1,70,80,288 5566..113% 5566..113% bb)) VRs acquired otherwise than by equity shares Nil Nil Nil cc)) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in eachcategory) acquired Nil Nil Nil dd)) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) Nil Nil Nil ee)) Total (a+b+c+/-dd)) After the acquisition, holding ooff acquirer along with PACs of: aa)) Sharescarryingvotingrights 2,13,52,650 70.17% 70.17% bb)) VRsotherwisethanbbyyequityshares Nil Nil Nil cc)) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the SAR TELEVENTURE LIMITED CIN: L45202UP2019PLC213062 Reg Off.: B-16, First Floor, Sector-2, Noida-201301,Uttar Pradesh Contact: +91-8587050050 Email id: info@sarteleventure.com Website: www.sarteleventure.com TC (specify holding in each category) after acquisition dd)) Shares in the nature of encumbrance (pledge/ Nil Nil Nil lien/ non disposal undertaking/ others) Total(a+b+c+d) Nil Nil Nil Mode of acquisition (e.g. open market / public issue Off market acquisition pursuant to the Share Purchase / rights issue / preferential allotment / inter-ssee Agreement dated March 03, 2026, in connection with transfer/encumbrance, etc.) the mandatory Open Offer under Regulations 3(1) and 4 of the SEBI (SAST) Regulations, 2011. Salient features of the securities acquired including Equity Shares time till redemption, ratio at which it can be converted into equity shares, etc. Date of acquisition of/ date of receipt of intimation September 28, 2026 of allotment ooff shares / VR/ warrants/convertible (Being the date on which the Equity Shares were securities/any other instrument that entitles the credited to the demat account of the Acquirer) acquirer to receive shares in the TC. Equity share capital / total voting capital of the TC Rs. 121720000 divided into 30430000 Equity Shares of before the said acquisition Rs. 4 each Equity share capital/ total voting capital of the TC Rs. 121720000 divided into 30430000 Equity Shares of after the said acquisition Rs. 4 each Total diluted share/voting capital ooff the TTCC after Rs. 121720000 divided into 30430000 Equity Shares of the said acquisition Rs. 4 each SAR TELEVENTURE LIMITED CIN: L45202UP2019PLC213062 Reg Off.: B-16, First Floor, Sector-2, Noida-201301,Uttar Pradesh Contact: +91-8587050050 Email id: info@sarteleventure.com Website: www.sarteleventure.com Part-B*** NameoofftheTargetCompany: Tikona Communication Limited (Previously Known as Grand Foundry Limited) Name(s) ooff the acquirer and Persons Whether the acquirer PAN ooff the acquirer Acting in Concert (PAC) with the belongs to Promoter/ and/ or PACs acquirer Promoter group SAR Televenture Limited Promoter ABCCS1098Q For SAR Televenture Limited VIKAS Digitally signed by VIKAS TANDON TTAANNDDOONN DDaattee:: 22002266..0099..2288 2200::3322::1122 ++0055''3300'' Vikas Tandon (Chief Financial Officer) Place: Noida Date: 28/09/2026 Note: (*) 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. (***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.