Glittek Granites Ltd — Important, 12-05-2026: Company Update

A group of acquirers and Rawmin Mining And Industries Private Limited have launched an Open Offer for Glittek Granites. They aim to acquire up to 67.50 lakh (26%) additional equity shares at ₹12.65 each, following an initial acquisition of 1.64 crore (62.99%) shares from existing promoters. This move will consolidate their control, bringing total ownership to about 88.99%. The acquirers plan to expand and diversify Glittek Granites' business into mining and mineral products while maintaining its listed status and addressing public shareholding norms. Public shareholders can tender their shares at the offer price.