TIKONA COMMUNICATION LIMITED : BOARD MEETING TO CONSIDER NCD ISSUANCE AND PREFERENTIAL ALLOTMENT

• Board meeting scheduled for September 17, 2026. • To consider and approve proposal for issuance of Non-Convertible Debentures (NCDs) on Private Placement basis. • Funds from NCDs primarily towards acquisition of shares of Tikona Infinet Private Limited from existing shareholders. • Also to consider and approve fund raising via equity shares/warrants convertible into equity shares through preferential allotment. • Trading window for dealing in company shares to remain closed till 48 hours after Board Meeting outcome. Impact: Neutral (Procedural board meeting for strategic fund raising and acquisition approval)

Grand Foundry Ltd

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