Glittek Granites Open Offer: ₹8.54 Cr
Glittek Granites posted an open‑offer advertisement to acquire 67.5 lakh shares. The total consideration is ₹8.54 Cr for 26 % of the capital.
- Value
- ₹8.54 Cr
- Execution
- May 19 2026 – June 2 2026
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Glittek Granites posted an open‑offer advertisement to acquire 67.5 lakh shares. The total consideration is ₹8.54 Cr for 26 % of the capital.
Glittek Granites' independent committee recommended a ₹12.65 per share open offer totaling ₹8.54 Crore. The board considers the pricing fair for public shareholders.
Acquirers launched an ₹8.54 Crore Open Offer to acquire a 26% stake in Glittek Granites Ltd. The offer is priced at ₹12.65 per share.
Acquirers launched a ₹8.54 Crore open offer to acquire a 26% stake in Glittek Granites Limited. This mandatory bid follows a controlling stake acquisition agreement.