Glittek Granites: Promoters Reclassified to Public Category

Glittek Granites Ltd has announced the reclassification of its existing promoter and promoter group members to 'public shareholders' as per SEBI LODR Regulations. This follows a share purchase agreement dated January 6, 2025, where acquirers agreed to acquire 1,63,51,010 equity shares (62.99%) from sellers. An open offer to public shareholders was completed, and the transfer of shares was initiated on June 25, 2026, with control transferring on June 26, 2026. The sellers, including Ashoke Agarwal and Kosen Ventures Private Limited, are now classified as public shareholders, while the acquirers, led by Maheshkumar Jatashankar Thanki, now constitute the new promoter and promoter group.