Announced Sat, 27 Jun · 11:31 IST
Change of control at Glittek Granites - Thanki family becomes new promoter
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹39.69
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+6.1+8.2+10.3+12.5+17.1+36.1———
Up moveDown movePending
AI summary
The Agarwal family and Kosen Ventures, old promoters holding 62.99 percent stake, sold their entire holding to the Thanki family via a Share Purchase Agreement dated January 6, 2025. An open offer at Rs 12.65 per share for 26 percent was completed by June 16, 2026. Old promoters are reclassified as public shareholders effective June 26, 2026. The new promoter group (Thanki family) now holds 70.59 percent of equity, taking control of the company.
Likely market impact
Complete change of control. Old promoters fully exit; Thanki family now owns 70.59 percent. Shareholders should watch for new strategic direction and any corporate actions.