Open Offer12 May 2026, 06:31 pm
Glittek Granites: Open Offer for 26% Shares at ₹12.65
AI Summary
Vivro Financial Services, manager to the offer, submitted the Letter of Offer to BSE for the open offer to public shareholders of Glittek Granites Ltd. Maheshkumar Jatashankar Thanki and other acquirers, along with Rawmin Mining And Industries Private Limited (PAC), are making an open offer to acquire up to 67,50,000 equity shares, representing 26% of the equity share capital, at a price of ₹12.65 per share, payable in cash. The offer complies with SEBI (SAST) Regulations and is not conditional upon any minimum level of acceptance.
Key Highlights
- Open offer for 67,50,000 Glittek Granites shares at ₹12.65 per share.
- Acquirers include Maheshkumar Thanki and others, along with Rawmin Mining.
- Offer represents 26% of Glittek Granites' equity share capital.
- The open offer complies with SEBI (SAST) Regulations.
- Offer is not conditional upon any minimum level of acceptance.