Glittek Granites Limited submitted a revised regulatory disclosure to BSE Limited pursuant to SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, seeking additional information about director resignations. This filing updates the company's previous announcement dated June 25, 2026, under Regulation 30 of SEBI Listing Regulations.
The Board of Directors at its meeting held on June 25, 2026, took on record the cessation of three Independent Directors:
- Mr. Siddhartha Agarwal (DIN: 07987858) as Independent Director, effective close of business hours June 25, 2026
- Mr. Manish Killa (DIN: 01099954) as Independent Director, effective close of business hours June 25, 2026
- Mrs. Malvika Sureka (DIN: 09481072) as Independent Woman Director, effective close of business hours June 25, 2026
All three resignations occurred due to "change in management and control of the Company pursuant to the proposed acquisition of a majority stake in the Company by the incoming shareholders and the completion of the open offer process in accordance with the provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011."
The additional disclosure required by BSE includes information about other listed entities where the resigning directors hold directorships. For all three directors, the disclosure states: "None except Glittek Granites Ltd," indicating they do not hold directorships in any other listed companies.
The disclosure was made pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and BSE Circular ref. no. LIST/COMP/14/2018-19 and NSE ref. no. NSE/ML/2018/24 dated June 20, 2018.
The document was signed by CS Lata Bagri, Company Secretary & Compliance Officer of Glittek Granites Limited.