Glittek Granites Ltd Announces Cessation of Three Independent Directors

Glittek Granites Ltd Announces Cessation of Three Independent Directors

Glittek Granites Ltd Announces Cessation of Three Independent Directors​

Glittek Granites Ltd has confirmed the resignation of three independent directors, effective as of June 25, 2026. The resignations were taken on record by the Board of Directors at a meeting held on that date.

The resigning directors include Mr. Siddhartha Agarwal, Mr. Manish Killa, and Mrs. Malvika Sureka. All changes relate to the cessation of their roles as Independent Director of the company.

Details regarding the cessation of these independent directors are presented below:

Director NameDINStatusEffective Date of Cessation
Mr. Siddhartha Agarwal07987858Independent DirectorClose of business hours on June 25, 2026
Mr. Manish Killa01099954Independent DirectorClose of business hours on June 25, 2026
Mrs. Malvika Sureka09481072Independent Woman DirectorClose of business hours on June 25, 2026

The resignation of Mrs. Malvika Sureka was specifically noted as a consequence of the change in management and control of Glittek Granites Ltd. This change is attributed to the proposed acquisition of a majority stake in the company by incoming shareholders, which includes the completion of the open offer process in accordance with relevant regulations.

The details pertaining to the resignations, including director profiles and related disclosures, have been formally recorded by the Board of Directors.

Stock Price Movement​

As of 10:14 AM, Glittek Granites Ltd is edging higher by 1.98%, with shares trading at ₹50.92. The stock remains locked completely flat as the intraday high and low are both noted at this exact price point.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top