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Management Change25 Jun 2026, 04:50 pm

Glittek Granites Appoints New Directors and CFO, Notes Promoter Change

AI Summary

Glittek Granites Limited announced significant management changes following a board meeting on June 25, 2026. The company approved the appointment of several new directors, including Maheshkumar Jatashankar Thanki as Chairperson and Whole-time Director, Bhargav Girjashankar Thanki as Managing Director, Bhavin Harihar Thanki as Whole-time Director, Dr. Deependra Singh and Sunil Kumar Bansal as Independent Directors, and Mrs. Kavita Rakesh Shah as Woman Independent Director. Gautam Thanki was appointed as the Chief Financial Officer. These appointments are subject to shareholder approval and are effective from June 25, 2026, for a term of five years. The board also accepted the resignations of six key personnel, including Managing Directors Ashoke Agarwal and Tushar Agarwal, and CFO Ashok Kumar Modi. The company also noted a change in management and controlling shareholders/promoter group due to the completion of an Open Offer.

Key Highlights

  • New directors and CFO appointed, subject to shareholder approval.
  • Significant reshuffling of key management and directorial roles.
  • Company acknowledges change in promoter and controlling shareholders.
  • Appointments and resignations are effective from June 25, 2026.