Grand Foundry EGM Approves Director Appointments, Name Change

Date: Thursday, August 13, 2026
Time: 12:00 P.M. (IST)
Location: Conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
Type: Extraordinary General Meeting
Deemed Venue: Registered Office of the Company at 17, 1st Floor, A Wing, B. No. 19, BKC Bandra Pinnacle Corporate Park, Mumbai-400098

Item No. 1: Appointment of Mr. Arun Goel as Non-Executive Independent Director

Special Resolution for appointment for five-year term (July 9, 2026 to July 8, 2031)
DIN: 11792383
Fellow Member of ICSI with LL.B. and M.Com. degrees
Entitled to sitting fees for Board and Committee meetings

Item No. 2: Regularization of Mr. Vikas Tandon as Director

Item No. 3: Appointment of Mr. Vikas Tandon as Whole-time Director and Remuneration Approval

Special Resolution for five-year appointment (July 9, 2026 to July 8, 2031)
Remuneration: Up to ₹50,000 per month for three years (July 9, 2026 to July 8, 2029)
Designated as Key Managerial Personnel
Not entitled to sitting fees

Item No. 4: Regularization of Mr. Deepak Chaudhary as Director

Ordinary Resolution for regularization as Director liable to retire by rotation
DIN: 08215601
Bachelor of Engineering (Electronics & Telecommunication) with 25+ years telecom experience

Item No. 5: Appointment of Mr. Deepak Chaudhary as Managing Director and Remuneration Approval

Special Resolution for five-year appointment (July 9, 2026 to July 8, 2031)
Remuneration: Up to ₹50,000 per month for three years (July 9, 2026 to July 8, 2029)
Designated as Key Managerial Personnel
Not entitled to sitting fees

Item No. 6: Appointment of Mr. Paramjit Singh as Non-Executive Non-Independent Director

Ordinary Resolution for appointment as Director liable to retire by rotation
DIN: 05348473
Graduate from Punjabi University with 40+ years experience in sales, marketing, and administration

Item No. 7: Change of Company Name and MOA/AOA Alteration

Special Resolution to change name from 'GRAND FOUNDRY LIMITED' to 'TIKONA COMMUNICATION LIMITED'
Subject to ROC and other regulatory approvals
Certificate from Agarwal & Saxena Chartered Accountants confirms compliance with Regulation 45 of SEBI LODR

Item No. 8: Borrowing Limits Approval under Section 180(1)(c)

Special Resolution to authorize borrowing up to ₹3,000 Crore
Includes loans, working capital facilities, ECBs, debentures, bonds, and other financial instruments

Item No. 9: Creation of Mortgage/Charge under Section 180(1)(a)

Special Resolution to create security on company assets for borrowings up to ₹3,000 Crore
May include security for subsidiaries/group companies where permissible

Item No. 10: Loans/Guarantees under Section 185

Special Resolution to authorize loans/guarantees to entities under Section 185(2) up to ₹3,000 Crores
Restricted to principal business activities of borrowing entities

Item No. 11: Investments/Loans under Section 186

Special Resolution to authorize investments, loans, guarantees beyond prescribed limits up to ₹3,000 Crore
Enabling approval for strategic investments and financial assistance

Remote e-voting period: August 10, 2026 (9:00 AM IST) to August 12, 2026 (5:00 PM IST)
Cut-off date for voting eligibility: Thursday, August 6, 2026
Voting methods: Remote e-voting before meeting and e-voting during EGM
Service provider: Purva Sharegistry (India) Private Limited
Scrutinizer: Ms. Loveleen Gupta, Proprietor of L. Gupta & Associates (Membership No. FCS 5287)
Shareholder eligibility: Members registered as of August 6, 2026 cutoff date

The EGM is conducted in compliance with:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 30, 44)
Companies Act, 2013 (Sections 108, 180, 185, 186)
Companies (Management and Administration) Rules, 2014
MCA Circular Nos. 14/2020, 17/2020, 20/2020 and subsequent circulars including 03/2025
SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020

Company Secretary & Compliance Officer: Ms. Sonia Arora (Membership No. A25863)
Scrutinizer: Ms. Loveleen Gupta (Membership No. FCS 5287)
Practicing Company Secretary: L. Gupta & Associates
Chartered Accountants: Agarwal & Saxena Chartered Accountants (FRN 002405C)

Notice distribution: Electronic mode to members registered as of July 17, 2026
Documents available: Company website (www.gfsteel.co.in), BSE, NSE, and Purva Sharegistry websites
Record date for notice: Friday, July 17, 2026
Contact email: info@grandfoundry.in / cs@gfsteel.co.in
RTA contact: support@purvashare.com
Scrutinizer contact: loveleen@lgaindia.com