ICICI Bank Sells 22.20 Lakh Shares of Glittek Granites Ltd
ICICI Bank Limited has sold an aggregate of 22,20,000 equity shares of Glittek Granites Ltd, representing approximately 8.55% of the company's issued and paid-up share capital. The sales were conducted in multiple tranches, with the final transaction occurring on June 08, 2026.The disposal details reflect a significant movement in the bank’s stake in Glittek Granites Ltd. As per records, ICICI Bank Limited held 19,73,499 equity shares of the company as of March 31, 2026. The aggregate quantity of 22,20,000 equity shares disclosed by the bank includes shares that were sold over a period prior to March 31, 2026.
The transaction details confirm that the sale involved 22,20,000 equity shares carrying voting rights, accounting for 8.55% of the total share capital. The face value of these sold equity shares was reported as Rs. 5 each.
Key data points regarding the disposal are summarized below:
| Metric | Details |
|---|---|
| Seller Name | ICICI Bank Limited |
| Target Company | Glittek Granites Ltd |
| Aggregate Shares Sold | 22,20,000 equity shares |
| Percentage Held (Sold) | Approximately 8.55% |
| Last Transaction Date | June 08, 2026 |
| Previous Holding as of March 31, 2026 | 19,73,499 equity shares |
| Shares Sold Carrying Voting Rights | 22,20,000 equity shares |
The company’s total voting capital before the sale was reported at Rs. 12,97,97,000, which comprised 2,59,59,400 equity shares of Rs. 5 each. The total voting capital after the said sale remained consistent at Rs. 12,97,97,000, comprising 2,59,59,400 equity shares of Rs. 5 each.
Stock Price Movement
Glittek Granites Ltd settled at ₹45.00 on Thursday's close, as the stock dipped 1.88% against the previous session. Shares throughout the trading day moved within a range defined by a low of ₹45.00 and an intraday high of ₹46.08.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.
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