GLITTEK GRANITES LTD : RECLASSIFICATION OF PROMOTERS TO PUBLIC CATEGORY

• Glittek Granites Limited informed BSE about reclassification of existing promoters 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% of Equity Share Capital) from Sellers. • The Acquirers also completed an open offer to acquire up to 67,50,000 Equity Shares (26%) at ₹12.65 per share. • Management and control of the company transferred to Acquirers effective June 26, 2026. • Sellers, representing 62.99% stake, will be reclassified as 'public shareholders'. • Acquirers' shareholding will be 70.59% post-transaction. Impact: Neutral (Procedural filing regarding change in promoter classification following share acquisition and open offer.)

Glittek Granites Ltd

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