glittek granites has disclosed its shareholding pattern for the first quarter of the financial year 2026-27 (Q1FY27) for the period ended June 30, 2026. The company submitted the necessary details to the stock exchanges to comply with regulatory requirements regarding ownership structure. This filing provides transparency on the distribution of equity shares among promoters, public shareholders, and other entities.

The disclosure was made in accordance with Regulation 31(1)(b) of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015. Alongside the shareholding data, the company provided a certificate confirming compliance with the dematerialisation of securities. This certificate, dated July 3, 2026, was issued by MCS Share Transfer Agent Limited and verifies adherence to Section 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

MCS Share Transfer Agent Limited confirmed that the Demat Transfer Register for the period from April 1, 2026, to June 30, 2026, was sent to the depositories and all stock exchanges where the company's shares are listed. The agent further certified that all physical securities received from depository participants were destroyed, mutilated, or cancelled within the stipulated time frame following dematerialisation.

The filing was formally submitted by Lata Bagevi, Compliance Officer of Glittek Granites Ltd, on July 8, 2026. The correspondence addressed the Corporate Relation Department of the stock exchange in Mumbai, referencing the security code 513528. The submission ensures that the company remains compliant with the corporate governance norms mandated by the market regulator.

Glittek Granites Ltd has undergone a change in control following the disposal of 70.59% of its total equity share capital by the existing promoter group and public shareholders. The acquirer group, led by Maheshkumar Jatashankar Thanki, acquired an aggregate of 1,83,24,613 equity shares through an off-market transaction and the subsequent Open Offer process. This transfer, executed pursuant to a Share Purchase Agreement dated January 6, 2026, resulted in the reclassification of the Agarwal group from promoters to public shareholders effective June 26, 2026.

The Board of Directors, at its meeting held on June 25, 2026, approved significant management changes to reflect the new ownership. Maheshkumar Jatashankar Thanki was appointed Chairperson and Whole-time Director, while Bhargav Girjashankar Thanki and Bhavin Harihar Thanki were appointed Managing Director and Whole-time Director, respectively. The Board also appointed three Independent Directors and a Chief Financial Officer. Consequently, the previous management team, including Ashoke Agarwal and Tushar Agarwal, resigned effective from the close of business hours on June 25, 2026.

Acquisition Details

The acquisition involved the purchase of 1,63,51,010 equity shares from the existing promoters through an off-market transaction on June 25, 2026. Additionally, 19,73,603 equity shares were tendered by public shareholders during the Open Offer process, with payment for these shares made on June 9, 2026. These tendered shares are currently held in the Acquirers' Special Escrow Account pending transfer.

Corporate Changes

Subject to shareholder and regulatory approvals, the company will change its name from “Glittek Granites Limited” to “Rawmin Neo Elements Limited”, “Rawmin Resources Limited”, or “Rawmin Neo Energy Limited”. The registered office will be shifted from Karnataka to Maharashtra. An Extra-Ordinary General Meeting will be convened to seek shareholder approval on these matters, including the alteration of the Main Objects Clause of the Memorandum of Association.