Glittek Granites
49.28
+2.34(+4.99%)
Market Cap₹127.87 Cr
PE Ratio5.49
IndustryConstruction
Company Performance:
1D+4.99%
1M+205.71%
6M+353.78%
1Y+1,384.34%
5Y+2,578.26%
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More news about Glittek Granites
07Jan 26
Glittek Granites Open Offer: Acquirers Launch ₹85.39 Crore Mandatory Bid at ₹12.65 per Share
Glittek Granites Limited faces a change in control as six acquirers announce a mandatory open offer for 26% equity at ₹12.65 per share, totaling ₹8.54 crores. The offer, managed by Vivro Financial Services, follows a Share Purchase Agreement for 62.99% stake acquisition worth ₹20.68 crores from existing promoters, with regulatory compliance ensured under SEBI SAST Regulations.
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06Jan 26
Glittek Granites Ltd Announces Sale of 62.99% Equity Stake to Thanki Family
Glittek Granites Ltd has executed a major ownership transition with the sale of 62.99% equity stake to the Thanki family. The Board approved the share purchase agreement involving 1,63,51,010 equity shares, transferring control from existing Agarwal family promoters to six Thanki family members, subject to regulatory approvals.
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09Dec 25
Glittek Granites MD Disposes 8.26L Shares: Shareholding Rises to 11.18%
Glittek Granites Limited filed a corrected Form C disclosure showing Managing Director Ashoke Agarwal disposed of 8,25,888 equity shares through on-market transactions. Despite the share disposal, his percentage holding increased from 2.56% to 11.18% due to revised baseline calculations in the regulatory document.
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10Nov 25
Glittek Granites Reports Q2 FY2025-26 Loss of Rs 40.18 Lakhs Amid Revenue Decline
Glittek Granites Limited reported a net loss of Rs 40.18 lakhs for Q2 FY2025-26, compared to a profit of Rs 5.28 lakhs in Q1. Total income decreased by 68.05% to Rs 23.02 lakhs, despite a 140.73% increase in revenue from operations. Half-year losses improved to Rs 34.90 lakhs from Rs 1,568.51 lakhs in the previous year. The company's cash and total assets decreased, while current liabilities reduced. The Board approved these unaudited results on November 10, 2025, with a limited review by statutory auditors.
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13Aug 25
GLITTEK GRANITES Reports Profit in Q1 Amid Significant Revenue Decline
Glittek Granites achieved a turnaround in Q1 FY2024, reporting a net profit of Rs 5.28 lakhs despite a 95.50% year-over-year revenue decline to Rs 4.68 lakhs. The profit was largely attributed to a significant increase in other income to Rs 67.36 lakhs and an 84.29% reduction in total expenses. The company's total comprehensive income reached Rs 18.02 lakhs, compared to a loss of Rs 313.59 lakhs in the same period last year. The board adopted these unaudited financial results on August 13.
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Glittek Granites
49.28
+2.34
(+4.99%)
1 Year Returns:+1,384.34%
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