Glittek Granites Ltd — Important, 01-01-1970: Company Update

Glittek Granites' open offer for 26% equity shares is now complete. Acquirers aimed to acquire up to 67.5 lakh shares at ₹12.65 each, with a maximum offer value of ₹8.54 Cr. Public shareholders tendered 19.74 lakh shares, all of which were accepted, totaling ₹2.50 Cr. This transaction has increased the acquirers' ownership and reduced the public shareholding from 37.01% to 29.41%, marking a partial but significant shift in the company's control structure.