As per attachment
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Glittek Granites has informed the stock exchanges that its Promoters and Persons Acting in Concert (PAC) intend to sell up to 5,00,000 equity shares, which represents 1.92% of the company's paid-up equity capital. The disposal will be carried out through the stock exchange mechanism. This is being disclosed under SEBI's Listing Obligations and Disclosure Requirements (Reg 30), the Takeover Regulations (2011), and the Insider Trading Regulations (2015). The intimation was made on 09 December 2025.
Promoter selling of nearly 2% stake via open market is typically viewed as a negative signal by retail investors, as it reduces promoter ownership. However, since the sale is through the exchange mechanism, it should not cause a sudden supply shock and price impact will depend on demand at prevailing levels.