Glittek Granites Ltd — Important, 07-01-2026: Company Update

A group of acquirers, led by Maheshkumar Jatashankar Thanki, along with Rawmin Mining and Industries Private Limited, has made a mandatory open offer to acquire up to 67.50 lakh equity shares of Glittek Granites Limited, representing 26% of its capital. The offer price is ₹ 12.65 per share, totaling approximately ₹ 8.54 Crore. This offer follows their acquisition of a 62.99% stake from the previous promoter group for roughly ₹ 20.68 Crore. The acquirers will assume control of Glittek Granites, and the company’s listing status will be maintained. This significant stake change transfers control and leadership.