GFSTEELS2026-10-01GFSTEELS2026-10-012026-10-01GFSTEELS2026-10-01in-capmkt:FinancialYear1MemberGFSTEELS2026-10-01in-capmkt:FinancialYear2MemberGFSTEELS2026-10-01in-capmkt:FinancialYear3MemberGFSTEELS2026-10-012026-10-01in-capmkt:FinancialYear1MemberGFSTEELS2026-10-012026-10-01in-capmkt:FinancialYear2MemberGFSTEELS2026-10-012026-10-01in-capmkt:FinancialYear3Memberiso4217:INRxbrli:pure513343GRAND FOUNDRY LIMITEDGFSTEELSNOTLISTEDINE534A01028NewAcquisition (including agreement to acquire)true2026-10-0118:00:002026-10-01GRAND FOUNDRY LIMITEDListed Entity (self)FUSIONNET WEB SERVICES PRIVATE LIMITED132730000083600000852900000true2026-10-012026-10-01true2026-10-28trueThe transaction is proposed to be undertaken on an arm’s length basis, based on valuation report dated October 1, 2026 / other basis, as applicabletrueTelecom InfrastructureThe proposed acquisition forms part of the Group’s internal restructuring and business reorganisation exercise. The transaction is intended to rationalise the existing holding structure, consolidate the telecom and digital infrastructure businesses under a focused operating platform, enhance operational integration and facilitate efficient allocation of capital and management resources within the Group.Nofalse31-12-2026OthersThe Company proposes to acquire the entire equity shareholding of 90.82%, comprising 1,28,09,761 equity shares in Fusionnet Web Services Limited (“FWSL”) from SAR Televenture Limited (“SAR”) for an aggregate consideration of Rs. 256.84 Crore. The consideration for the proposed acquisition shall be discharged by the Company otherwise than in cash, by way of issuance and allotment of 3.20% Redeemable Cumulative Non-Convertible Preference Shares (“RNCPS”) of the Company to SAR, having a face value of Rs. 10/- each, at an issue price of Rs. 30/- per RNCPS, comprising a face value of Rs. 10/- and securities premium of Rs. 20/- per RNCPS. The RNCPS shall be redeemable upon completion of 10 years from the date of allotment, subject to applicable laws and the terms and conditions of the issue. 256840000000.90820.9082FWSL is incorporated on September 25, 2014 and is engaged in the business of providing telecom infrastructure.2025-202613273000002024-20256815000002023-2024432900000INDIA