As per attachment
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter and Managing Director Mr. Ashoke Agarwal sold 1,60,000 equity shares of Glittek Granites on 24 December 2025 for a total of Rs. 17,88,928 through the stock exchange open market route. This is part of a larger planned divestment of 5,00,000 shares, of which 3,08,803 shares have now been sold, leaving 1,91,197 shares still to be sold in the coming days. Before this transaction, the promoter held 8,25,888 shares (11.18% of paid-up capital), and his post-sale holding has come down to 2.56%. The company confirmed each tranche is under 2% of paid-up capital and complied with SEBI insider trading and takeover regulations.
Promoter selling through the open market is a mild negative signal as it indicates insider profit-taking or rebalancing, though the orderly, regulated nature and small size of each tranche limit the impact. Watch for the remaining 1,91,197 shares to be sold, which could keep short-term supply pressure on the stock.