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Other Construction Materials
Management Change25 Jun 2026, 04:50 pm

Glittek Granites Appoints New Directors and CFO, Notes Shareholder 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 an Executive Chairperson, Managing Director, Whole-time Directors, and Independent Directors, all subject to shareholder approval. Additionally, a new Chief Financial Officer was appointed. The Board also took note of the resignations of existing directors and the CFO. Furthermore, the company confirmed a change in management and controlling shareholders due to the completion of an Open Offer process.

Key Highlights

  • New directors and CFO appointed, pending shareholder approval.
  • Multiple existing directors and CFO have resigned.
  • Change in management and controlling shareholders confirmed.
  • Appointments are for a term of 5 years.
  • Company to provide further details on shareholder changes.