BSEGlittek Granites LtdHighNegative
Announced Wed, 24 Dec · 16:51 IST

INTIMATION TO THE BSE

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Glittek Granites has informed BSE that promoter Mr. Ashoke Agarwal has begun selling his equity shares through the open market. Out of the 5,00,000 shares previously intimated for disposal, he has already sold 1,48,803 shares — 31,490 on 22/12/2025 at Rs. 12.22 and 1,17,313 on 23/12/2025 at Rs. 11.66 — for a combined value of about Rs. 17.53 lakh. The remaining 3,51,197 shares are expected to be sold in the coming days. The company confirmed the sale is less than 2% of total paid-up equity capital and was executed in compliance with SEBI insider trading and takeover regulations.

Likely market impact

This signals a promoter trimming his stake, which may create some short-term supply pressure on the stock. Retail investors should watch for the remaining 3,51,197 shares hitting the market, as further open-market sales could weigh on the share price.