Glittek Granites Ltd has submitted its mandatory quarterly compliance reports to the stock exchanges for the quarter ended December 31, 2025. The company filed multiple regulatory documents as required under various SEBI regulations.

Quarterly Compliance Submissions

The company submitted comprehensive compliance documentation to the stock exchanges, addressing multiple regulatory requirements under SEBI guidelines.

Share Transfer Agent Confirmation

MCS Share Transfer Agent Limited, the company's registrar and transfer agent, provided confirmation regarding dematerialization compliance. The agent confirmed sending the Demat Transfer Register for the period October 1, 2025 to December 31, 2025 to the depositories and stock exchanges where the company's shares are listed.

Dematerialization Compliance

The transfer agent confirmed compliance with Section 74(5) of SEBI Depositories and Participants Regulations, 2018. Key confirmations included:

• Submission of Demat Transfer Register to depositories and stock exchanges
• Destruction of physical securities received from Depository Participants after dematerialization within stipulated timeframes
• Adherence to regulatory requirements for share reconciliation under Regulation 76

Corporate Information

Glittek Granites Ltd operates from its registered office in Hoskote, Bangalore Rural, Karnataka, with corporate office located in Kolkata. The company trades under security code 513528 on the stock exchanges.

The submissions demonstrate the company's commitment to maintaining regulatory compliance and transparency in corporate governance practices as mandated by SEBI regulations.

Glittek Granites Limited is set to witness a change in control as six acquirers have announced a mandatory open offer for the company's public shareholders. The offer, triggered by a substantial acquisition transaction, seeks to purchase additional equity shares from existing public investors at a predetermined price.

Open Offer Structure and Pricing

The mandatory open offer targets the acquisition of up to 67.50 lakh fully paid-up equity shares, each with a face value of ₹5.00. These shares represent 26% of the company's total equity share capital and are being offered at ₹12.65 per share.

The offer price of ₹12.65 per share has been determined in accordance with Regulation 8(1) and 8(2) of the SEBI SAST Regulations. Assuming full acceptance by public shareholders, the total consideration payable under the open offer will amount to ₹8.54 crores.

Acquirer Group and Transaction Details

The acquiring consortium comprises six individual acquirers led by Maheshkumar Jatashankar Thanki, along with Rawmin Mining and Industries Private Limited acting as a person acting in concert (PAC). The open offer has been triggered following the execution of a Share Purchase Agreement dated January 6, 2026.

Through the underlying Share Purchase Agreement, the acquirers will purchase 1.64 crore equity shares representing 62.99% of the company's equity capital for a total consideration of ₹20.68 crores. This transaction involves the acquisition of shares from existing promoters including Manjula Agarwal, Tushar Agarwal, Ashoke Agarwal, and Kosen Ventures Private Limited.

Regulatory Compliance and Management

Vivro Financial Services Private Limited has been appointed as the Manager to the Open Offer, ensuring compliance with SEBI SAST Regulations. The offer represents a triggered mandatory bid under Regulations 3(1) and 4 of the SEBI SAST Regulations, arising from the substantial acquisition of voting rights.

The company has disclosed the receipt of the public announcement through a regulatory filing dated January 7, 2026, submitted to BSE Limited. The disclosure was made by Company Secretary Lata Bagri in compliance with Regulation 30 of SEBI LODR Regulations.

Company Profile and Listing Details

Glittek Granites Limited operates in the granite and stone processing industry with its registered office located in Hoskote, Bengaluru, Karnataka. The company's equity shares are listed on BSE Limited under the scrip code 513528 with the ISIN INE741B01027.

The detailed public statement containing comprehensive information about the offer terms, background, and conditions will be published within five working days from the public announcement date, as mandated by SEBI regulations. Public shareholders will receive complete details regarding the offer process, timelines, and acceptance procedures through this forthcoming documentation.