Glittek Granites Ltd — Important, 06-01-2026: Company Update

The Board has approved a Share Purchase Agreement involving the sale of 1,63,51,010 equity shares, which constitutes 62.999% of the company's fully paid-up share capital. This transaction involves existing promoter shareholders selling their stake to a group of acquirers. This marks a significant change in the company's ownership structure, effectively transferring control to a new promoter group. The completion of this proposed transaction is contingent upon receiving all necessary regulatory and contractual approvals, signaling a pivotal shift for the company's future direction and its shareholders.