Major board overhaul as new promoters take control after open offer
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Glittek Granites underwent a complete board overhaul after open offer completion by new acquirers. Old MDs Ashoke and Tushar Agarwal, 3 independent directors, and CFO Ashok Kumar Modi resigned. Thanki family took over: 3 cousins as Chairperson, MD, and Whole-time Director, plus nephew Gautam as CFO. Company also proposes renaming to Rawmin Neo Elements or Resources or Neo Energy Limited and shifting registered office from Bengaluru to Mumbai. All subject to shareholder approval.
Complete change of control and management. Thanki family takes over with mining and critical minerals focus. Company name and registered office will change.