Glittek Granites Ltd - 513528 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Glittek Granites announced the publication of its pre-offer advertisement on May 18, 2026. This relates to an open offer by Maheshkumar Jatashankar Thanki and others to acquire up to 67.50 lakh equity shares in the company.
May 19 2026 13:05:00
Glittek Granites Ltd - 513528 - Updates on Open Offer
Glittek Granites' Independent Directors Committee (IDC) has deemed the open offer price of Rs.12.65 per share as fair and reasonable under SEBI regulations for acquiring up to 26% equity. However, the IDC also noted that the closing market price on May 12, 2026, was Rs.44.78, significantly higher than the offer price, advising shareholders to independently evaluate the offer.
May 15 2026 13:05:00
Glittek Granites Ltd - 513528 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Glittek Granites' Independent Directors Committee (IDC) stated the open offer price of Rs. 12.65 per share is fair and reasonable as per regulations. However, the IDC highlighted that the closing market price of Rs. 44.78 on May 12, 2026, is significantly higher than the offer price, advising shareholders to evaluate independently.
May 15 2026 12:05:00
Glittek Granites Ltd - 513528 - Corporate Action-Intimation of Open Offer
Glittek Granites announced an Open Offer to acquire an additional 26% stake (6.75 million shares) at Rs.12.65 per share, totaling Rs.8.53 crore. This offer follows a prior acquisition of 62.99% stake by the acquirers, increasing their total holding to 88.99% if fully accepted. The offer will open on May 19, 2026, and close on June 2, 2026, with an intent to retain the company's listing status.
May 12 2026 18:05:00
Glittek Granites Ltd - 513528 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Glittek Granites' Acquirers and PAC are making an Open Offer to public shareholders to acquire up to 26% of the company's equity shares at Rs.12.65 per share. The offer, valued at Rs.8.53 crore, aims for substantial acquisition of shares and voting rights, along with a change in control, with the tendering period from May 19 to June 2, 2026.
May 12 2026 18:05:00
Glittek Granites Ltd - 513528 - Corporate Action-Intimation of Open Offer
Glittek Granites Ltd has formed a Committee of Independent Directors (IDC) to evaluate an Open Offer for the acquisition of up to 67.5 lakh equity shares. The IDC will provide recommendations in accordance with SEBI SAST Regulations.
May 12 2026 17:05:00
Glittek Granites Ltd - 513528 - Announcement under Regulation 30 (LODR)-Open Offer - Updates
Glittek Granites has formed an Independent Directors Committee (IDC) to provide recommendations on the ongoing Open Offer. This committee will evaluate the acquisition of up to 67.5 lakh equity shares, ensuring adherence to SEBI SAST Regulations.
May 12 2026 17:05:00
Glittek Granites Ltd - 513528 - Board Meeting Intimation for Notice Under Regulation 29 Of The Listing Regulations To Hold Board Meeting For Consideration Of Audited Financial Results Of The Company For The Quarter Ended And Year Ended On 31St March, 2026
Glittek Granites' Board of Directors will convene on May 21, 2026, at 11:00 AM to consider and approve the audited financial results for the quarter and year ended March 31, 2026. This meeting is a routine quarterly disclosure.
May 12 2026 13:05:00
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