Sector & Market
ICICI Bank Sells 8.55% Stake in Glittek Granites
Bulk Deal
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
11th Jun 2026
Glittek Granites Ltd
Key Quantitative Figures
- Total shares sold: 22,20,000 equity shares (face value ₹5 each)
- Percentage of paid-up capital: 8.55% of total issued and paid-up equity share capital
- Previous holding: 19,73,499 equity shares as on March 31, 2026
- Post-sale holding: Zero shares (complete disposal)
- Total paid-up equity capital: ₹12,97,97,000 comprising 2,59,59,400 equity shares of ₹5 each (unchanged)
Transaction Details
- Mode of sale: Described as "Buy Back by promotor" [sic] in the disclosure
- Transaction pattern: Multiple tranches over a period of time
- Last transaction date: June 08, 2026
- Shares sold prior to March 31, 2026: The aggregate 22,20,000 shares includes disposals made over time before March 31, 2026
- Subsequent disposal: The balance holding of 19,73,499 shares as on March 31, 2026 was tendered/sold pursuant to an ongoing Open Offer
Capital Structure Impact
- Pre-transaction capital: ₹12,97,97,000 comprising 2,59,59,400 equity shares
- Post-transaction capital: ₹12,97,97,000 comprising 2,59,59,400 equity shares (no change)
- Diluted share capital: Same as above - ₹12,97,97,000 comprising 2,59,59,400 equity shares
Additional Details
- Encumbrance status: No shares were encumbered (pledged/lien/non-disposal undertaking) before or after the sale
- Other instruments: No warrants, convertible securities, or other instruments entitling to voting rights were held or sold
- Voting rights: No voting rights held otherwise than by shares
Document Origin
- Disclosure received from: ICICI Bank Limited
- Company address: Plot No 42, KIADB Industrial Area, Hoskote, Bangalore, Karnataka, India - 562114
- BSE correspondence dated: June 10, 2026 from Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001