Announced Mon, 29 Jun · 16:23 IST
Change of promoter group at Glittek Granites
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
₹40.48
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+6.1+8.2+10.3+12.5+17.0+36.1———
Up moveDown movePending
AI summary
Agarwal family and Kosen Ventures have sold 1,63,51,010 shares, about 62.99 percent of the company, to the Thanki family through an off-market deal under a Share Purchase Agreement. This is a complete change of the promoter group, effective June 26, 2026, with the Open Offer process also completed. Total share capital stays at 2.59 crore equity shares of Rs 5 each.
Likely market impact
Major change of control at the company. Investors should watch for announcements from the new management on business plans and strategy.