Glittek Granites Ltd. - M&A Activity 2026

Vivro Financial Services Private Limited

Vivro House, 11, Shashi Colony, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad, India – 380 007 Tel. : + 91 ( 79 ) 4040 4242

www.vivro.net

Date: January 13, 2026

To,

BSE Limited Phiroze Jejeebhoy Towers, Dalal Street, Mumbai – 400 001

Sub: Detailed Public Statement for the proposed Open Offer for acquisition of Equity Shares from the Public Shareholders of Glittek Granites Limited (“Target Company”) by Maheshkumar Jatashankar Thanki (“Acquirer 1”), Bhargav Girjashankar Thanki (“Acquirer 2”), Bhavin Harihar Thanki (“Acquirer 3”), Kalpana Ashwinkumar Thanki (“Acquirer 4”), Hema Bhargav Thanki (“Acquirer 5”), Gautam Ashwinkumar Thanki (“Acquirer 6”) (collectively referred as “Acquirers” ) and Rawmin Mining And Industries Private Limited (“Person Acting in Concert” / “PAC”) pursuant to and in compliance with the requirements of the SEBI (SAST) Regulations (“Open Offer” or “Offer”).

Dear Sir / Madam ,

With reference to the captioned subject, enclosed herewith is the Detailed Public Statement (‘DPS’) , in compliance with Regulation 13(4) and 14(3) of the SEBI SAST Regulations which is published today i.e. Tuesday, January 13, 2026, in the following newspaper:

Newspaper	Language	Edition
Financial Express	English	All
Jansatta	Hindi	All
Navshakti	Marathi	Mumbai
Udaykala	Kannada	Bangalore

Enclosed herewith is the newspaper e-clippings for your perusal. We request you to disseminate the said information on your website.

Capitalised terms used in this letter unless defined herein shall have the same meanings as ascribed to them in the enclosed DPS.

Yours Faithfully,

For, Vivro Financial Services Private Limited

_______ Roshan Vaishnav Director DIN: 07141215

Encl.: Detailed Public Statement.

CIN - U67120GJ1996PTC029182, Merchant Banker Sebi. Reg. No. INM000010122, AIBI Reg. No. AIBI/086

DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF GLITTEK GRANITES LIMITED

As on the date of this DPS, the Acquirers and PAC do not have any plans to dispose-off or otherwise encumber any significant assets of the Target Company for the next 2 (two) years from the date of closure of the Open Offer, except in the ordinary course of business of the Target Company and except to the extent required for the purpose of restructuring and/or rationalization of the business, assets, investments, liabilities or otherwise of the Target Company. In the event any substantial asset of the Target Company is to be sold, disposed-off or otherwise encumbered other than in the ordinary course of business, the Acquirers and PAC undertakes that they shall do so only upon the receipt of the prior approval of the shareholders of the Target Company, by way of a special resolution passed by postal ballot, in terms of Regulation 25(2) of SEBI (SAST) Regulations and subject to the provisions of applicable law as may be required.

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5.12.
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Registered Office: Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India | CIN: L14102KA1990PLC023497 | Tel. No.: +91 80 27971565 / 66 | Email Id: [email protected] | Website: http://www.glittek.com/

IN TERMS OF REGULATIONS 13(4), 14(3) AND 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AND SUBSEQUENT AMENDMENTS THEREOF (“SEBI (SAST) REGULATIONS”). OPEN OFFER FOR THE ACQUISITION OF UP TO 67,50,000 (SIXTY SEVEN LAKHS FIFTY THOUSAND) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ?5/- (RUPEES FIVE ONLY) EACH (“EQUITY SHARES”) REPRESENTING 26% (TWENTY SIX PERCENTAGE) OF THE EQUITY SHARE CAPITAL (AS DEFINED BELOW) OF GLITTEK GRANITES LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) BY MAHESHKUMAR JATASHANKAR THANKI (“ACQUIRER 1”), BHARGAV GIRJASHANKAR THANKI (“ACQUIRER 2”), BHAVIN HARIHAR THANKI (“ACQUIRER 3”), KALPANA ASHWINKUMAR THANKI (“ACQUIRER 4”), HEMA BHARGAV THANKI (“ACQUIRER 5”) AND GAUTAM ASHWINKUMAR THANKI (“ACQUIRER 6”) (ACQUIRER 1 , ACQUIRER 2, ACQUIRER 3, ACQUIRER 4, ACQUIRER 5 AND ACQUIRER 6 ARE COLLECTIVELY REFERRED AS “ACQUIRERS” ) TOGETHER WITH RAWMIN MINING AND INDUSTRIES PRIVATE LIMITED (“PAC”) PURSUANT TO AND IN COMPLIANCE WITH REGULATION 3(1) AND 4 READ WITH OTHER APPLICABLE PROVISIONS OF SEBI (SAST) REGULATIONS (“OPEN OFFER” OR “OFFER”).

2. Joint Undertakings / Confirmations by the Acquirers and PAC 2.1.

The Acquirers and PAC have not acquired any Equity Shares of the Target Company between the date of PA i.e., January 6, 2026 and the date of this DPS. The Acquirers and PAC are not part of any group.

Upon completion of the Offer, assuming full acceptances in the offer, the Acquirers and PAC will hold 2,31,01,010 (Two Crore Thirty One Lakhs One Thousand Ten) Equity Shares representing 88.99% of the Equity Share Capital of the Target Company.

5.13.

2.2.

2.3. As of the date of this DPS, there are no directors representing the Acquirers or PAC on the board of the Target Company.

As per Regulation 38A of the SEBI (LODR) Regulations read with Rules 19(2) and 19A of the Securities Contracts (Regulation) Rules, 1957, as amended ( “SCRR” ), the Target Company is required to maintain at least 25.00% (Twenty Five Percent) public shareholding as determined in accordance with SCRR, on a continuous basis for listing. Pursuant to completion of this Open Offer (assuming full acceptance of the Offer Shares) and the Underlying Transaction, the public shareholding in the Target Company will fall below the minimum public shareholding ( “MPS” ) requirement as per Rule 19A of SCRR read with SEBI (LODR) Regulations. If the MPS falls below 25% (Twenty Five Percent) of the then existing equity share capital, the Acquirers and PAC will comply with provisions of Regulation 7(4) of the SEBI (SAST) Regulations to maintain the MPS in accordance with the SCRR and the SEBI (LODR) Regulations.

5.14.

2.4. The Acquirers and PAC undertake that they will not sell the Equity Shares of the Target Company held by them during the Offer Period in terms of Regulation 25(4) of the SEBI (SAST) Regulations.

As on the date of this DPS, the Acquirers and PAC do not hold any Equity Shares of the Target Company. Upon consummation of the Underlying Transaction (contemplated under the SPA) and subject to compliance with SEBI (SAST) Regulations, the Acquirers and PAC will acquire the control over the Target Company and the Acquirers and PAC shall be classified as members of the promoter and promoter group of the Target Company, in accordance with the provisions of SEBI (LODR) Regulations.

2.5.
2.6.

This detailed public statement (“DPS”) is being issued by Vivro Financial Services Private Limited, the manager to the Open Offer (“Manager to the Offer” or “Manager”), for and on behalf of the Acquirers and PAC to the Public Shareholders (as defined below) of the Target Company, pursuant to and in compliance with Regulations 3(1) and 4 read with Regulations 13(4), 14(3), 15(2) and other applicable provisions of the SEBI (SAST) Regulations and pursuant to the public announcement (“PA”) dated January 6, 2026 in relation to the Open Offer, filed with the Securities and Exchange Board of India (“SEBI”), BSE Limited (“BSE”) and to the Target Company in compliance with Regulation 14(1) and 14(2) of the SEBI (SAST) Regulations.

The Acquirers and PAC shall not be eligible to make a voluntary delisting offer under the SEBI (Delisting of Equity Shares) Regulations, 2021 ( “SEBI (Delisting) Regulations” ), unless a period of twelve months has elapsed from the date of completion of the Offer Period as per Regulation 7(5) of SEBI (SAST) Regulations.

5.15.

The Manager to the Offer does not hold any Equity Shares in the Target Company as on the date of this DPS. The Manager to the Offer further declares and undertakes not to deal on its own account in the Equity Shares of the Target Company during the Offer Period.

5.16.

2.9. The Acquirers and PAC are not categorized as a willful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India ( “RBI” ), in terms of Regulation 2(1)(ze) of the SEBI (SAST) Regulations.

For the purpose of this DPS, the following terms shall have the meanings assigned to them herein below:

“Equity Share Capital” means the total issued, subscribed, paid up and equity share capital of the Target Company having voting rights on a fully diluted basis as of the 10th (Tenth) Working Day from the closure of the Tendering Period of the Open Offer.

BACKGROUND TO THE OFFER:

2.10. The Acquirers and PAC are not categorized / declared as a fugitive economic offender under Section 12 of II. the Fugitive Economic Offenders Act, 2018 (17 of 2018), in terms of Regulation 2(1)(ja) of the SEBI 1.

The Acquirers and PAC have entered into the share purchase agreement ( “SPA” ) with (i) Manjula Agarwal, (ii) Tushar Agarwal, (iii) Ashoke Agarwal, (iv) Ashoke Agarwal & Others HUF and (v) Kosen Ventures Private Limited, being members of the promoters and promoter group ( “Sellers” ) of the Target Company and the Target Company on January 6, 2025, for acquisition of 1,63,51,010 (One Crore Sixty Three Lakhs Fifty One Thousand Ten) Equity Shares ( “Sale Shares” ) of face value of ? 5/- (Rupees Five Only) each representing 62.99% (Sixty Two Point Ninety Nine percentage) of the Equity Share Capital of the Target Company at a price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share aggregating to ? 20,68,40,276.50/- (Rupees Twenty Crore Sixty Eight Lakhs Forty Thousand Two Hundred Seventy Six and Paise Fifty Only), payable in cash, subject to the terms and conditions as mentioned in the SPA ( “Underlying Transaction” ).

(SAST) Regulations.

“Public Shareholders” shall mean all the public shareholders of the Target Company who are eligible to tender their Equity Shares in the Offer, except the (i) Acquirers and PAC, (ii) the parties to the SPA (as defined below) and (iii) persons deemed to be acting in concert with the persons set out in (i) and (ii), pursuant to and in compliance with the SEBI (SAST) Regulations.

2.11. There are no directions subsisting or proceedings pending or any statutory approval pending against the Acquirers and PAC under SEBI Act and SEBI Regulations, also by any other regulators. As on date, there are no penalties levied by SEBI on the Acquirers and PAC.

3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	2. 2.1. 2.2. a) b) c) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)	2. 2.1. 2.2. a) b) c) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)
Sr. No	Name of the person / entity	Nature of the person / entity	Registered Office/ Residential Address	Name of the Stock Exchange where its shares are listed	Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%)
1.	Manjula Agarwal	Individual	1145, 12th Main, 1st Cross, HAL 2nd Stage, Indiranagar, Bangalore 560038, Karnataka, India.	Not Applicable	14,98,735 (5.77%)
2.	Tushar Agarwal	Individual		Not Applicable	6,65,888 (2.57%)
3.	Ashoke Agarwal	Individual		Not Applicable	12,03,387 (4.64%)
4.	Ashoke Agarwal & Others HUF	HUF		Not Applicable	8,000 (0.03%)
5.	Kosen Ventures Private Limited	Company	Krishna Building, 224 AJC, Bose Road, FL-7, R No.711, Shakespeare Sarani, Kolkata - 700017, West Bengal, India	Not Applicable	1,29,75,000 (49.98%)

“Working Day” means any working day of the SEBI.

Any capitalized word which has not been defined herein but defined under the SEBI (SAST) Regulations, then such capitalized word shall have the same meaning as ascribed to such capitalized word under SEBI (SAST) Regulations.

I. ACQUIRERS, PAC, SELLERS, TARGET COMPANY AND OFFER: 1. Information about the Acquirers and PAC:

The salient features of the SPA are as follows:

1.1. Maheshkumar Jatashankar Thanki (“Acquirer-1”)
1.1.1. Maheshkumar Jatashankar Thanki is son of Jatashankar Muljibhai Thanki and is an individual resident of India, aged 67 years and residing at Madhav Bhuvan, 2 Bhojeshwar Plot, Porbandar- 360575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from Gujarat University. He has an total experience of more than 45 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

The obligation of the Acquirers to consummate the acquisition of the Sale Shares under the SPA is conditional on certain conditions precedent being fulfilled (unless waived/deferred by the parties), which include among others, the following key conditions: Representations and warranties: All of the representations given by the Sellers under the SPA shall be true and accurate as of the closing date and no breach of the SPA having taken place. No Material Adverse Effect: No event (or series of events) having occurred which in the sole determination of the Acquirers has or is reasonably likely to have (or, with the passage of time, giving of notice, satisfaction of a condition or otherwise, may have) a material adverse effect. Each of the Sellers having obtained and delivered to the Acquirers, a certificate in relation to Section 281 of the Income-tax Act, 1961 in accordance with the terms of the SPA. The Sellers shall have complied with all applicable provisions of the SEBI SAST Regulations, as may be required under the SEBI Regulations or identified by SEBI, including during the Open Offer process, to the satisfaction of the Acquirers.

1.1.2. The net worth of the Acquirer-1 as on December 31, 2025 is ? 1644.92 Lakhs (Rupees One Thousand Six Hundred Forty Four Point Nine Two Lakhs Only) as certified vide certificate bearing unique document identification no. ( “UDIN” ) 26044687ZNLOAO2270 dated January 6, 2026 issued by CA Nirmal K. Khetan, (ICAI Membership No. 44687) Partner of JKJS & Co. LLP, Chartered Accountants (ICAI FRN: 121161W/W100195) having its office at F-99, Express Zone Mall, Western Express Highway, GoregaonEast, Mumbai - 400063, Maharashtra, India. Email ID: [email protected].
1.2. Bhargav Girjashankar Thanki (Acquirer-2)
1.2.1. Bhargav Girjashankar Thanki is son of Girjashankar Muljibhai Thanki and is an individual resident of India, aged 57 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor in Engineering (Polymer) from University of Pune and has an experience of more than 35 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

Note:

a) Sellers are not a part of any defined group.

Pursuant to SPA, this Open Offer is a mandatory offer being made by the Acquirers and PAC to the Public Shareholders of the Target Company in compliance with Regulations 3(1) and 4 of the SEBI (SAST) Regulations.

1.2.2. The net worth of the Acquirer-2 as on December 31, 2025 is ? 1480.02 Lakhs (Rupees One Thousand Four Hundred Eighty Point Zero Two Lakhs Only) as certified vide certificate bearing UDIN 26044687PDRDNN2545 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
amended ( “SEBI (LODR) Regulations” ). Upon completion of the sale and purchase of the Sale Shares 4. under the SPA, the Sellers will not hold any Equity Shares of the Target Company.

The primary objective of the Acquirers for the above-mentioned acquisition is substantial acquisition of shares and voting rights of the Target Company, along with the consequent change in control and management of the Target Company and the acquisition of management control. The Acquirers and PAC have substantial experience in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals and hence, intends to expand and diversify business activities of the Target Company by undertaking related business activities. However, depending on the requirement and expediency of the business situation and subject to all applicable law, rule and regulations, the Board of Directors of the Target Company will take appropriate business decisions from time to time, and enhance the performance and shareholder value of the Target Company.

3.3. The Sellers are not prohibited by SEBI from dealing in securities, in terms of directions issued under Section 11B of the SEBI Act or under the SEBI Regulations.

1.3. Bhavin Harihar Thanki (Acquirer-3) 1.3.1. Bhavin Harihar Thanki is son of Harihar Mulji Thanki and is an individual resident of India, aged 53 years and residing at 2 Wadi Plots, Porbandar - 360 575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Higher Secondary Certification and has an experience of more than 33 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

4. Information about the Target Company

4.1. The Target Company was incorporated as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated on October 29, 1999, issued by the Registrar of Companies, Calcutta, West Bengal. There has been no change in the name of the Target Company in the preceding three years. The Corporate Identification Number ( “CIN” ) of the Target Company is L14102KA1990PLC02349.

The Offer Price will be paid in cash through banking channels by the Acquirers, in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations.

1.3.2. The net worth of the Acquirer-3 as on December 31, 2025 is ? 1667.86 Lakhs (Rupees One Thousand Six Hundred Sixty Seven Point Eight Six Lakhs Only) as certified vide certificate bearing UDIN 26044687DHWSVV4887 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
4.2. The registered office of the Target Company is situated at Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India. Tel. No.: +91 80 27971565 / 66; Email id. [email protected]; Website: http://www.glittek.com/.

SHAREHOLDING AND ACQUISITION DETAILS:

III.

The current and proposed shareholding of the Acquirers and PAC in the Target Company and the details of their acquisition are as follows:

4.3. The Target Company is authorised to engage in the business of manufacturing, processing and trading of granite slab and tiles.

1.4. Kalpana Ashwinkumar Thanki (Acquirer-4)

Details		Equity		Equity Shares	Equity Shares	Equity Shares	Post Offer
		Shareholding		agreed to be	acquired	proposed to be	Shareholding
		as on the	PA	acquired under	between the	acquired in the
		date		SPA(3)	PA date and	open offer
					the DPS date
1. Percentage is Acquirer-1 Acquirer-2 Acquirer-3 Acquirer-4 Acquirer-5 Acquirer-6 PAC No. % No. % No. % No. % No. % No. % No. %	calculated as a		percentage of the existing equity share capital of the Target Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 40,87,753 15.75 33,63,963 12.96 40,87,753 15.75 27,60,930 10.64 7,23,789 2.79 13,26,822 5.11 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 Nil 0.00 16,87,502 6.50% 13,88,706 5.35 16,87,500 6.50 11,39,763 4.39 2,98,794 1.15 5,47,737 2.11 Nil 0.00				Company. 57,75,255 22.25% 47,52,669 18.31% 57,75,253 22.25 39,00,693 15.03 10,22,583 3.94 18,74,559 7.22 Nil 0.00

4.4. The Equity Shares of the Target Company are listed on BSE Limited (“BSE”) (Scrip Code: GLITTEKG, Scrip ID: 513528). The ISIN of the Equity Shares of the Target Company is INE741B01027.
1.4.1. Kalpana Ashwinkumar Thanki is spouse of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 66 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Homeopathy Medicine and Surgery from Karnataka Board of Homeopathic System of Medicine and has an experience of more than 41 years in the field of Homeopathy Medicine and Health Care.

4.5. The authorized share capital of the Target Company is ? 14,00,00,000/- (Rupees Fourteen Crore Only) comprising of 2,80,00,000 (Two Crore Eighty Lakhs) Equity Shares of face value of ? 5/- (Rupees Five Only) each. The paid-up Equity Share Capital of the Target Company is ? 12,97,97,000/- (Rupees Twelve Crore Ninety Seven Lakhs Ninety Seven Thousand Only) comprising of 2,59,59,400 (Two Crore Fifty Nine Lakhs Fifty Nine Thousand Four Hundred) Equity Shares of face value of ? 5/- (Rupees Five Only) each.

1.4.2. The net worth of the Acquirer-4 as on December 31, 2025 is ? 826.51 Lakhs (Rupees Eight Hundred Twenty Six Point Five One Lakhs Only) as certified vide certificate bearing UDIN 26044687HNOLPI1334 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

4.6. As per the shareholding pattern filed by the Target Company with the BSE for the quarter ended on December 31, 2025, the Target Company has disclosed that: (i) there are no partly paid-up Equity Shares; (ii) it has not issued any convertible securities; (iii) it has not issued any warrants; (iv) there are no locked in Equity Shares of the Target Company; and (v) there are no equity share of the Target Company that are pledged or otherwise encumbered.

1.5. Hema Bhargav Thanki (Acquirer-5)
1.5.1. Hema Bhargav Thanki is spouse of Bhargav Girjashankar Thanki and is an individual resident of India, aged 49 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Arts in Psychology from University of Mumbai and has an experience of more than 10 years in the field of Corporate Environment Responsibility (CER) as well as Human Resources.

4.7. The Equity Shares of the Target Company are frequently traded on BSE in terms of Regulation 2(1)(j) of the SEBI (SAST) Regulations.

4.8. The key financial information of the Target Company as extracted from its unaudited limited reviewed financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below:

1.5.2. The net worth of the Acquirer-5 as on December 31, 2025 is ? 1237.01 Lakhs (Rupees One Thousand Two Hundred Thirty Seven Point Zero One Lakhs Only) as certified vide certificate bearing UDIN 26044687NXVHBK7576 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

	Particulars Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds	For the six months period ended September 30, 2025 Un-Audited 95.06 (34.90) (0.13) 950.98	(Amount in?Lakhs) Financialyear ended March 31, 2025 March 31, 2024 March 31, 2025 Audited 1,383.43 (77.89) (0.30) 914.43 Audited 705.90 (614.41) (2.37) 300.02 Audited 3,329.91 685.86 2.64 985.88		1. 2. IV 1.

1.6. Gautam Ashwinkumar Thanki (Acquirer-6)
1.6.1. Gautam Ashwinkumar Thanki is son of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 38 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from University of Pune and has an experience of more than 15 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

While persons may be deemed to be acting in concert with the Acquirers and/or PACs in terms of Regulation 2(1)(q)(2) of the SEBI (SAST) Regulations ( “Deemed PACs” ), however, such Deemed PACs are not acting in concert with the Acquirers and/or PACs for the purposes of this Open Offer, within the meaning of Regulation 2(1)(q)(1) of the SEBI (SAST) Regulations

1.6.2. The net worth of the Acquirer-6 as on December 31, 2025 is ? 682.85 Lakhs (Rupees Six Hundred Eighty Two Point Eight Five Lakhs Only) as certified vide certificate bearing UDIN 26044687FZPRMD3880 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

OFFER PRICE:

IV.

The Equity Shares of the Target Company are listed on BSE Limited (Scrip ID: GLETTEKG, Scrip Code: 513528).

Notes: 1) Not Annualised 2) The financial information for the six months period ended on September 30, 2025, has been extracted from the limited reviewed un-audited financial results filed with BSE on November 10, 2025. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements filed with the BSE on May 28, 2025, May 30, 2024 and May 24, 2023, respectively.

1.7. Rawmin Mining And Industries Private Limited (“PAC”)
1.7.1. Rawmin Mining And Industries Private Limited Limited is a private limited company incorporated on January 29, 1999, under the Companies Act, 1956 pursuant to a certificate of incorporation dated January 29, 1999 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli (the “RoC’ ).
1.7.2. The registered office of the PAC is situated at 94 - A, Mittal Court 224, Nariman Point, Mumbai- 400021, Maharashtra, India and its corporate identification number is U26999MH1999PTC168380. The contact details of the PAC are as follows: Mobile No.: (+91) 9987010066 and email ID: [email protected].
1.7.3. PAC is engaged in the business of mining of Metallurgical Grade Bauxite, Cement Grade Bauxite and Iron Ore, predominantly in the state of Gujarat, Maharashtra and Goa.

The trading turnover in the Equity Shares of the Target Company based on trading volume during the 12 (twelve) calendar months preceding the calendar month in which the PA is made i.e. January 1, 2025, to December 31, 2025 is as given below:

Stock Exchange	Stock Exchange	Total no. of Equity Shares traded during the twelve calendar months preceding the calendar month in which the PA is made	Total no. of listed Equity Shares	Total no. of listed Equity Shares	Trading turnover (as % of total Equity Shares listed)
BSE		61,40,438	2,59,59,400		23.65%
(Source: www.bseindia.com) 3. Based on the above information, the Equity Shares of the Target Company are frequently traded on the BSE in terms of Regulation 2(1)(j) of the SEBI (SAST) Regulations. 4. The Offer Price of?12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is justified in terms of Regulations 8(1) and 8(2) of the SEBI (SAST) Regulations, being the highest of the following:
Sr. No.	Particulars			Price (in? per Equity Share)
A	Highest negotiatedprice under the SPA			12.65
B	The volume-weighted average price paid or payable for acquisitions by the Acquirers / PAC,during52 weeks immediately precedingthe date of the PA;			N.A.
C	Highest price paid or payable for any acquisition by the Acquirers / PAC, during26 weeks immediately precedingthe date of the PA;			N.A.
D	The volume-weighted average market price of shares for a period of 60 trading days immediately preceding the date of PA as traded on the stock exchange where the maximum volume of trading in the shares of the Target Companyare recorded duringsuchperiod;			12.39
E	Theprice determined takinginto account valuationparameters;			N.A.
F	the per share value computed under sub-regulation (5), if applicable			Not Applicable(1)
Note 1: Not Applicable since the acquisition is not an indirect acquisition. 5. The fair value of Equity Shares of the Target Company is?12.65 per Equity Share (Rupees Twelve Paise Sixty Five Only) as certified by CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687WKECRG5241 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected]. 6. In view of the parameters considered and presented in the aforesaid table the minimum offer price per

5.1.
1.7.4. Equity Shares of the PAC are currently not listed on any stock exchange in India or abroad.

1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 5.8. 5.9. 5.10 Sr. No 1 2 3 4 5 6 Name Particulars Category For the nine months period ended December 31, 2025 Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds Promoter Promoter Promoter Promoter Promoter Promoter Un-Audited 2,603.65 90.72 0.46 3,677.21 No. of equity shares held in PAC Financialyear ended % March 31, 2023 March 31, 2024 March 31, 2025 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00 Audited 5,692.15 67.97 0.35 3,367.33 Un-Audited 2,565.51 64.49 0.33 3,431.82 Audited 6,693.04 154.67 0.79 3,586.49 1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 00046364) and Bhavin Harihar Thanki, Whole-time Director (DIN: 00046393). 1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below: (Amount in?Lakhs) The financial information for the nine months period ended on December 31, 2025, has been extracted from the limited reviewed un-audited financial results dated January 11, 2026. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements dated September 22, 2025, September 29, 2024 and September 14, 2023, respectively. 1.7.8. The net worth of the PAC as on December 31, 2025 is?3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 5.8. 5.9. 5.10 Sr. No 1 2 3 4 5 6 Name Particulars Category For the nine months period ended December 31, 2025 Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds Promoter Promoter Promoter Promoter Promoter Promoter Un-Audited 2,603.65 90.72 0.46 3,677.21 No. of equity shares held in PAC Financialyear ended % March 31, 2023 March 31, 2024 March 31, 2025 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00 Audited 5,692.15 67.97 0.35 3,367.33 Un-Audited 2,565.51 64.49 0.33 3,431.82 Audited 6,693.04 154.67 0.79 3,586.49 1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 00046364) and Bhavin Harihar Thanki, Whole-time Director (DIN: 00046393). 1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below: (Amount in?Lakhs) The financial information for the nine months period ended on December 31, 2025, has been extracted from the limited reviewed un-audited financial results dated January 11, 2026. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements dated September 22, 2025, September 29, 2024 and September 14, 2023, respectively. 1.7.8. The net worth of the PAC as on December 31, 2025 is?3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
5.11 Name of Acquirers and PAC Relationship between Acquirers and PAC Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Promoter,shareholder and ManagingDirector Promoter,shareholder and Whole time Director Promoter,shareholder and Whole time Director Promoter and shareholder Promoter and shareholder Promoter and shareholder 1.7.9. The relationship between the Acquirers and PAC are as follows:
Name of Acquirers and PAC	Relationship between Acquirers and PAC
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki	Promoter,shareholder and Whole time Director
Kalpana Ashwinkumar Thanki	Promoter and shareholder
Hema Bhargav Thanki	Promoter and shareholder
Gautam Ashwinkumar Thanki	Promoter and shareholder

This is not a competitive offer in terms of Regulation 20 of the SEBI (SAST) Regulations. This Offer is not pursuant to any global acquisition resulting in indirect acquisition of Equity Shares of the Target Company.

In view of the parameters considered and presented in the aforesaid table, the minimum offer price per Equity Share under Regulation 8(2) of the SEBI (SAST) Regulations is the highest of item numbers A to F above i.e., ? 12.65 per Equity Share. Accordingly, the Offer Price of ? 12.65/- (Rupees Twelve Paise Sixty Five Only) is justified in terms of the SEBI (SAST) Regulations.

The Acquirers and PAC intend to retain the listing status of the Target Company and no delisting offer is proposed to be made.

Since the date of the PA and as on the date of this DPS, there have been no corporate actions in the Target Company warranting adjustment of relevant price parameters under Regulation 8(9) of the SEBI (SAST) Regulations. The Offer Price may be adjusted in the event of any corporate actions like bonus, rights issues, stock split, consolidation, etc. where the record date for effecting such corporate actions falls prior to 3 Working Days before the commencement of the Tendering Period of the Offer, in accordance with Regulation 8(9) of the SEBI (SAST) Regulations.

There are no statutory and other approvals required to be obtained to complete the Underlying Transaction 7. contemplated under the SPA or to complete this Open Offer other than as indicated in Part VI (Statutory and Other Approvals) below.

5.10. Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer.

Name of Acquirers and PAC Relationship between Acquirers and PAC 1.7.9. The relationship between the Acquirers and PAC are as follows:	Name of Acquirers and PAC Relationship between Acquirers and PAC 1.7.9. The relationship between the Acquirers and PAC are as follows:	5.11.
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki	Promoter,shareholder and Whole time Director Promoter and shareholder Promoter and shareholder Promoter and shareholder

In terms of Regulation 23 of the SEBI (SAST) Regulations, in the event, for reasons outside the reasonable control of the Acquirers and PAC, the approvals specified in this DPS as set out in Part VI (Statutory and 8. Other Approvals) below or those which become applicable prior to completion of the Open Offer are not received, then the Acquirers and PAC shall have the right to withdraw the Open Offer. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.

In the event of further acquisition of Equity Shares of the Target Company by the Acquirers and PAC during the Offer Period, whether by subscription or purchase, at a price higher than the Offer Price, then the Offer Price will be revised upwards to be equal to or more than the highest price paid for such acquisition in terms of Regulation 8(8) of the SEBI (SAST) Regulations. However, Acquirers and PAC shall not acquire any Equity Shares of the Target Company after the third Working Days prior to the commencement of the

(Continued to next page)

If the Acquirers and PAC acquire Equity Shares of the Target Company during the period of twenty-six weeks after the Tendering Period at a price higher than the Offer Price, then the Acquirers and PAC shall pay the difference between the highest acquisition price and the Offer Price, to all Public Shareholders whose Equity Shares have been accepted in the Offer within 60 (sixty) days from the date of such acquisition. However, no such difference shall be paid in the event that such acquisition is made under another open offer under the SEBI (SAST) Regulations, or pursuant to SEBI Delisting Regulations, or open market purchases made in the ordinary course on the Stock Exchange, not being negotiated acquisition of Equity Shares of the Target Company in any form.

*Identified Date is only for the purpose of determining the names of the Equity Shareholders of the Target Company as on such date to whom the Letter of Offer would be sent by email. It is clarified that all the Public Shareholders (registered or unregistered) are eligible to participate in this Offer any time before the closure of this Open Offer.

VIII. PROCEDURE FOR TENDERING THE EQUITY SHARES IN CASE OF NON RECIEPT OF LETTER OF OFFER:

All the Public Shareholders of the Target Company, whether holding the Equity Shares in physical form or dematerialized form are eligible to participate in this Offer at any time during the period from Offer opening date and offer Closing date ( “Tendering Period” ) for this Open Offer.
The Acquirers are permitted to revise the Offer Price upward at any time up to 1 (one) Working Day prior to the commencement of the Tendering Period of this Offer in accordance with Regulation 18(4) of the SEBI (SAST) Regulations. In the event of such upward revision in the Offer Price, the Acquirers shall make further deposits into the Escrow Account, make a public announcement in the same newspapers where the original DPS has been published and simultaneously inform SEBI, BSE and Target Company at its registered office of such revision.
Persons who have acquired Equity Shares but whose names do not appear in the register of members of the Target Company on the Identified Date or unregistered owners or those who have acquired Equity Shares after the Identified Date or those who have not received the LOF, may also participate in this Open Offer. Accidental omission to send the LOF to any person to whom the Offer is made or the non-receipt or delayed receipt of the LOF by any such person will not invalidate the Offer in any way.

The LOF shall be sent through electronic means to those Public Shareholder(s) who have registered their email ids with the depositories / the Company and also will be dispatched through physical mode by registered post / speed post / courier to those Public Shareholder(s) who have not registered their email ids and to those Public Shareholder(s) who hold Equity Shares in physical form. Further, on receipt of request from any Public Shareholders to receive a copy of LOF in physical format, the same shall be provided.

As on date, there is no revision in Offer Price or Offer Size. In case of any revision in the Offer Price or Offer Size, the Acquirers shall comply with Regulation 18 of SEBI (SAST) Regulations and all other applicable provisions of SEBI (SAST) Regulations which are required to be fulfilled for the said revision in the Offer Price or Offer Size.

V. FINANCIAL ARRANGEMENTS:

The Public Shareholders may also download the LOF from the SEBI's website (www.sebi.gov.in) or obtain a copy of the same from the Registrar to the Offer on providing suitable documentary evidence of holding of the Equity Shares and their folio number, DP identity-client identity, current address and contact details.

The total fund requirement for implementation of the Open Offer (assuming full acceptances) i.e. for the acquisition of up to 67,50,000 (Sixty Seven Lakhs Fifty Thousand) Equity Shares from all the Public Shareholders of the Target Company at an Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven Thousand Five Hundred Only) ( “Maximum Consideration” ).

This Open Offer will be implemented by the Acquirers and PAC through a stock exchange mechanism made available by stock exchange in the form of a separate window ( “Acquisition Window” ), as provided under the SEBI (SAST) Regulations and SEBI circular SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023 and on such terms and conditions as may be permitted by law from time to time.

In accordance with Regulation 17 of SEBI (SAST) Regulations, the Acquirers and Manager to the Offer have entered into an escrow agreement with ICICI Bank Limited ( “Escrow Agent” ) on January 7, 2026 ( “Escrow Agreement” ) and have opened an escrow account under the name and style of “Thanki Bhargav Girjashankar -GGL Open Offer Escrow Account” ( “Escrow Account” ) with the Escrow Agent. In accordance with the requirements of Regulation 17 of the SEBI (SAST) Regulations, the Acquirers have deposited in cash, through banking channels, an aggregate of ? 2,13,50,001/- (Rupees Two Crore Thirteen Lakhs Fifty Thousand One Only) ( “Escrow Amount” ) in the Escrow Account which is more than 25 % of the total consideration payable in the Offer, assuming full acceptance. In terms of the Escrow Agreement, the Manager to the Offer has been authorized by the Acquirers to operate the Escrow Account in accordance with the SEBI (SAST) Regulations. The deposit of the Escrow Amount has been confirmed by the Escrow Agent by way of a confirmation letter dated January 8, 2026.

BSE shall be the designated stock exchange for the purpose of tendering Equity Shares in the Open Offer. The Acquirers and PAC have appointed Pravin Ratilal Share and Stock brokers Limited ( “Buying Broker” ) as their broker for the Open Offer through whom the purchases and settlement of the Offer Shares tendered under the Open Offer shall be made. The contact details of the Buying Broker are as mentioned below: Name: Pravin Ratilal Share and Stock Brokers Limited Address: Sakar-1, 5th Floor, Opp Gandhigram Railway Station, Navrangpura, Ahmedabad - 380009 SEBI Reg. No: INZ000206732 Tel No.: 079-26553758 Email : [email protected] Website: http://www.prssb.com/ Contact Person: Neha Jain

The Acquirers have authorized the Manager to the Offer to operate the Escrow Account and realize the value of the Escrow Amount in terms of the SEBI (SAST) Regulations.

The Acquirers have confirmed that they have adequate financial resources to meet the obligations under the Open Offer and have made firm financial arrangements for fulfilling the payment obligations under this Open Offer in terms of Regulation 25(1) of the SEBI (SAST) Regulations and the Acquirers are able to implement this Open Offer.

Public Shareholders who desire to tender their Equity Shares under the Open Offer would have to intimate their respective stockbrokers ( “Selling Broker” ) within the normal trading hours of the secondary market, during the Tendering Period.

After considering the aforementioned, CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687CVVZJH6791 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected] have certified that the Acquirers and PAC, have made firm financial arrangements to meet their financial obligations under the Open Offer.

A separate acquisition window will be provided by the BSE to facilitate placing of sell orders. The Selling Broker can enter orders for dematerialized as well as physical Equity Shares.

The Selling Broker would be required to place an order/bid on behalf of the Public Shareholders who wish to tender their Equity Shares in the Open Offer using the acquisition window of the BSE. Before placing the bid, the Public Shareholder/Selling Broker concerned would be required to mark lien on the tendered Equity Shares. Details of such Equity Shares marked as lien in the demat account of the Public Shareholders shall be provided by the depositories to the Clearing Corporation in accordance with SEBI circular no. SEBI/HO/CFD/DCR-III/CIR/P/2021/615 dated August 13, 2021.

Based on the above and in the light of the escrow arrangements, the Manager to the Offer is satisfied (a) about the adequacy of resources to meet the financial requirements for the Open Offer and the ability of the Acquirers and PAC to implement the Open Offer in accordance with the SEBI (SAST) Regulations, (b) that firm arrangements for payment through verifiable means have been put in place by the Acquirers to fulfill their obligations in relation to the Offer in accordance with the SEBI (SAST) Regulations.

The cumulative quantity tendered shall be displayed on the BSE website (www.bseindia.com) throughout the trading session at specific intervals during the Tendering Period.

In case of upward revision in the Offer Price and/ or the Offer Size, the corresponding increase to the Escrow Amount as mentioned above shall be made by the Acquirers to ensure compliance with Regulation 18(5) of the SEBI (SAST) Regulations.

As per the provisions of Regulation 40(1) of the SEBI LODR Regulations and SEBI’s press release dated December 3, 2018, bearing reference no. PR 49/2018, requests for transfer of securities shall not be processed unless the securities are held in dematerialised form with a depository with effect from April 01, 2019. However, in accordance with the circular issued by SEBI bearing reference number SEBI/HO/CFD/ CMD1/CIR/P/2020/144 dated July 31, 2020, shareholders holding securities in physical form are allowed to tender shares in an Open Offer. Such tendering shall be as per the provisions of the SEBI (SAST) Regulations. Accordingly, Public Shareholders holding Equity Shares in physical form as well are eligible to tender their Equity Shares in this Open Offer as per the provisions of the SEBI (SAST) Regulations.

STATUTORY AND OTHER APPROVALS:

VI.

As on the date of this DPS, there are no statutory or other approvals required to acquire the Offer Shares that may be validly tendered pursuant to this Offer and/or to complete the Underlying Transaction. However, if any statutory or other approval(s) becomes applicable prior to the completion of the Offer, the Offer would also be subject to such statutory or other approval(s) being obtained and the Acquirers and PAC shall make necessary applications for such approvals

If the holders of the Equity Shares who are not persons resident in India (including NRIs, OCBs and FIIs) had required any approvals (including from the RBI, the FIPB or any other regulatory body) in respect of the Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along with the other documents required to be tendered to accept this Offer. In the event such approvals are not submitted, the Acquirers and PAC reserve the right to reject such Equity Shares tendered in this Offer.

The process of tendering Equity Shares by the Equity Shareholders holding in demat and physical Equity Shares will be separately enumerated in the LOF.

THE DETAILED PROCEDURE FOR TENDERING THE EQUITY SHARES IN THE OFFER WILL BE AVAILABLE IN THE LETTER OF OFFER THAT WOULD BE DISPATCHED TO THE EQUITY SHAREHOLDERS OF THE TARGET COMPANY AS ON THE IDENTIFIED DATE.

IX. OTHER INFORMATION:

X.

In terms of Regulation 23 of the SEBI (SAST) Regulations, the Acquirers and PAC shall have the right to 1. withdraw the Open Offer (a) in the event that any of statutory or other approvals specified in this Part VI (Statutory and Other Approvals) or those which become applicable prior to completion of the Open Offer are finally refused; or (b) if any of the conditions under the SPA, as set out in para 4 of Part II (Background of the Offer specified in this DPS are not satisfied for reasons outside the reasonable control of the 2. Acquirers and PAC. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.

The information pertaining to the Target Company contained in the PA or DPS or any other advertisement/publications made in connection with the Open Offer has been compiled from information published or publicly available sources or as provided by the Target Company. The Acquirers, PACs and Manager to the Offer have not independently verified such information and do not accept any responsibility with respect to any information provided in the PA or this DPS pertaining to the Target Company.

Subject to the receipt of the statutory and other approvals, if any, the Acquirers shall complete payment of consideration within 10 (ten) Working Days from the closure of the Tendering Period to those Public Shareholders whose documents are found valid and in order and are approved for acquisition by the Acquirers and PAC.

Legal Advisors to the Acquirers and PAC:

Bathiya Legal

909, Solaris One, N. S. Phadke Road, Near East - West Flyover, Andheri (East), Mumbai – 400069, Maharashtra, India. Tel: +91 22 6133 8050

Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer.

Pursuant to Regulation 12 of SEBI (SAST) Regulations, the Acquirers and PACs have appointed Vivro Financial Services Private Limited (SEBI Reg. No: MB/INM000010122), as the Manager to the Open Offer as per the details below:

In case of delay in receipt of any statutory approval(s) becoming applicable prior to completion of the Offer, SEBI may, if satisfied that the delay in receipt of requisite approval was not due to any willful default or neglect on the part of the Acquirers and PAC to diligently pursue the application for the approval, grant extension of time to the Acquirers for payment of consideration to the Public Shareholders of the Target Company who have accepted the Offer within such period, subject to the Acquirers agreeing to pay interest for the delayed period as directed by SEBI in terms of Regulation 18(11) of the SEBI (SAST) Regulations. Further, if delay occurs on account of willful default by the Acquirers and PAC in obtaining the requisite approvals, Regulation 17(9) of the SEBI (SAST) Regulations will also become applicable and the Escrow Amount lying in the Escrow Account shall become liable to forfeiture.

Vivro Financial Services Private Limited

Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad - 380007. Gujarat. India.

CIN: U67120GJ1996PTC029182; Tel No.: 079- 4040 4242; Email: [email protected]; Website: www.vivro.net

SEBI Reg. No. MB/INM000010122

Contact Person: Shivam Patel

The Acquirers and PAC have appointed MUFG Intime India Private Limited as the Registrar to the Offer, as per details below:

VII. TENTATIVE SCHEDULE OF ACTIVITY:

Activity	Day and Date
Issue of Public Announcement	Tuesday,January06,2026
Publication of this Detailed Public Statement in newspapers	Tuesday,January13,2026
Last date of filing of draft LOF with SEBI	Tuesday, January 20, 2026
Last date for Public Announcement for competingoffer	Wednesday,February4,2026
Last date for receipt of comments from SEBI on the draft LOF	Wednesday, February18, 2026
Identified Date*	Monday,February23,2026
Last date for dispatch of the LOF to the Public Shareholders	Monday,March 2,2026
Last date of publication by which a committee of independent directors of the Target Company is required to give its recommendation to the Public Shareholders of the Target Companyfor this Offer	Thursday, March 5, 2026
Last date for upward revision of the Offer Price and/or the Offer Size	Friday, March 6, 2026
Date of publication of opening of Open Offer public announcement in the newspaper in which DPS has beenpublished	Monday, March 9, 2026
Date of commencement of TenderingPeriod(“Offer openingDate”)	Tuesday, March 10, 2026
Date of closure of TenderingPeriod “(Offer ClosingDate”)	Tuesday,March 24,2026
Last date of communicating of rejection/acceptance and payment of consideration for accepted tenders/return of unaccepted shares	Friday, April 10, 2026
Last date forpublication ofpost Open Offerpublic announcement	Monday,April 20,2026
Last date of filing the final report to SEBI	Monday, April 20, 2026

MUFG INTIME INDIA PRIVATE LIMITED

Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai – 400 083, Maharashtra, India. CIN: U67190MH1999PTC118368 Tel No.: +91 8108114949 Email: [email protected] Website: www.in.mpms.mufg.com

==> picture [69 x 17] intentionally omitted <==

SEBI Reg. No. INR000004058 Contact Person : Pradnya Karanjekar

This DPS and the PA shall also be available on SEBI’s website at www.sebi.gov.in and on the website of Manager to the Offer at www.vivro.net

Issued by Manager to the Offer on behalf of the Acquirers and PAC

Sd/Sd/Sd/Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki (Acquirer 1) (Acquirer 2) (Acquirer 3) Sd/Sd/Sd/Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki (Acquirer 4) (Acquirer 5) (Acquirer 6) Sd/Rawmin Mining And Industries Private Limited (PAC) Date: January 12, 2026 Place: Mumbai

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13 ªf³f½fSXe, 2026

5.12. As on the date of this DPS, the Acquirers and PAC do not have any plans to dispose-off or otherwise encumber any significant assets of the Target Company for the next 2 (two) years from the date of closure of the Open Offer, except in the ordinary course of business of the Target Company and except to the extent required for the purpose of restructuring and/or rationalization of the business, assets, investments, liabilities or otherwise of the Target Company. In the event any substantial asset of the Target Company is to be sold, disposed-off or otherwise encumbered other than in the ordinary course of business, the Acquirers and PAC undertakes that they shall do so only upon the receipt of the prior approval of the shareholders of the Target Company, by way of a special resolution passed by postal ballot, in terms of Regulation 25(2) of SEBI (SAST) Regulations and subject to the provisions of applicable law as may be required.

DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF GLITTEK GRANITES LIMITED Registered Office: Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India | CIN: L14102KA1990PLC023497 |

Tel. No.: +91 80 27971565 / 66 | Email Id: [email protected] | Website: http://www.glittek.com/

IN TERMS OF REGULATIONS 13(4), 14(3) AND 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011AND SUBSEQUENTAMENDMENTSTHEREOF(“SEBI (SAST)REGULATIONS”). OPEN OFFER FOR THE ACQUISITION OF UP TO 67,50,000 (SIXTY SEVEN LAKHS FIFTY THOUSAND) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ?5/- (RUPEES FIVE ONLY) EACH (“EQUITY SHARES”) REPRESENTING 26% (TWENTY SIX PERCENTAGE) OF THE EQUITY SHARE CAPITAL (AS DEFINED BELOW) OF GLITTEK GRANITES LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) BY MAHESHKUMAR JATASHANKAR THANKI (“ACQUIRER 1”), BHARGAV GIRJASHANKAR THANKI (“ACQUIRER 2”), BHAVIN HARIHAR THANKI (“ACQUIRER 3”), KALPANA ASHWINKUMAR THANKI (“ACQUIRER 4”), HEMA BHARGAV THANKI (“ACQUIRER 5”) AND GAUTAM ASHWINKUMAR THANKI (“ACQUIRER 6”) (ACQUIRER 1 , ACQUIRER 2, ACQUIRER 3, ACQUIRER 4, ACQUIRER 5 AND ACQUIRER 6 ARE COLLECTIVELY REFERRED AS “ACQUIRERS” ) TOGETHER WITH RAWMIN MINING AND INDUSTRIES PRIVATE LIMITED (“PAC”) PURSUANT TO AND IN COMPLIANCE WITH REGULATION 3(1) AND 4 READ WITH OTHER APPLICABLEPROVISIONS OFSEBI(SAST)REGULATIONS(“OPEN OFFER”OR “OFFER”).

2. Joint Undertakings/ConfirmationsbytheAcquirersandPAC

2.1. The Acquirers and PAC have not acquired any Equity Shares of the Target Company between the date of PA i.e.,January6,2026andthedateofthis DPS. 2.2. TheAcquirersandPACarenotpartofanygroup.

5.13. Upon completion of the Offer, assuming full acceptances in the offer, the Acquirers and PAC will hold 2,31,01,010 (Two Crore Thirty One Lakhs One Thousand Ten) Equity Shares representing 88.99% of the EquityShareCapitaloftheTargetCompany.

2.3. As of the date of this DPS, there are no directors representing the Acquirers or PAC on the board of the TargetCompany.

5.14. As per Regulation 38A of the SEBI (LODR) Regulations read with Rules 19(2) and 19A of the Securities Contracts (Regulation) Rules, 1957, as amended ( “SCRR” ), the Target Company is required to maintain at least 25.00% (Twenty Five Percent) public shareholding as determined in accordance with SCRR, on a continuous basis for listing. Pursuant to completion of this Open Offer (assuming full acceptance of the Offer Shares) and the Underlying Transaction, the public shareholding in the Target Company will fall below the minimum public shareholding ( “MPS” ) requirement as per Rule 19A of SCRR read with SEBI (LODR) Regulations. If the MPS falls below 25% (Twenty Five Percent) of the then existing equity share capital, the Acquirers and PAC will comply with provisions of Regulation 7(4) of the SEBI (SAST) RegulationstomaintaintheMPSin accordancewith theSCRRandtheSEBI(LODR)Regulations.

2.4. The Acquirers and PAC undertake that they will not sell the Equity Shares of the Target Company held by themduring theOfferPeriodintermsofRegulation 25(4)oftheSEBI(SAST)Regulations.

2.5. As onthedateofthisDPS,theAcquirersandPACdonotholdanyEquity SharesoftheTargetCompany. 2.6. Upon consummation of the Underlying Transaction (contemplated under the SPA) and subject to compliance with SEBI (SAST) Regulations, the Acquirers and PAC will acquire the control over the Target Company and the Acquirers and PAC shall be classified as members of the promoter and promoter group oftheTargetCompany,inaccordancewith theprovisionsofSEBI(LODR)Regulations.

5.15.

2.8. As of the date of this DPS, the Acquirers and PAC are not prohibited by SEBI, from dealing in securities, in terms of directions issued by SEBI under Section 11B of the Securities and Exchange Board of India Act, 1992,asamended( “SEBI Act” )oranyotherregulationsmadeundertheSEBIAct.( “SEBI Regulations” ) 2.9. The Acquirers and PAC are not categorized as a willful defaulter by any bank or financial institution or consortium thereof, in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India( “RBI” ),intermsofRegulation2(1)(ze)oftheSEBI(SAST)Regulations.

5.16. The Manager to the Offer does not hold any Equity Shares in the Target Company as on the date of this DPS. The Manager to the Offer further declares and undertakes not to deal on its own account in the Equity SharesoftheTargetCompanyduring theOfferPeriod. II. BACKGROUNDTOTHEOFFER:

ForthepurposeofthisDPS, thefollowingtermsshallhavethemeaningsassignedtothemhereinbelow:

2.10. The Acquirers and PAC are not categorized / declared as a fugitive economic offender under Section 12 of the Fugitive Economic Offenders Act, 2018 (17 of 2018), in terms of Regulation 2(1)(ja) of the SEBI (SAST)Regulations.

“Public Shareholders” shallmean allthe publicshareholders oftheTarget Companywhoareeligible totendertheir Equity Shares in the Offer, except the (i) Acquirers and PAC, (ii) the parties to the SPA (as defined below) and (iii) persons deemed to be acting in concert with the persons set out in (i) and (ii), pursuant to and in compliance with theSEBI(SAST)Regulations.

3. InformationabouttheSellers: 3.1. ThedetailsoftheSellersareasunder:	3. InformationabouttheSellers: 3.1. ThedetailsoftheSellersareasunder:	3. InformationabouttheSellers: 3.1. ThedetailsoftheSellersareasunder:	3. InformationabouttheSellers: 3.1. ThedetailsoftheSellersareasunder:	2. 2.1. 2.2. a) b) c) d) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)	2. 2.1. 2.2. a) b) c) d) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)
Sr. No	Name of the person / entity	Nature of the person / entity	Registered Office/ Residential Address	Name of the Stock Exchange where its shares are listed	Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%)
1.	Manjula Agarwal	Individual	1145, 12th Main, 1st Cross, HAL 2nd Stage, Indiranagar, Bangalore 560038, Karnataka, India.	Not Applicable	14,98,735 (5.77%)
2.	Tushar Agarwal	Individual		Not Applicable	6,65,888 (2.57%)
3.	Ashoke Agarwal	Individual		Not Applicable	12,03,387 (4.64%)
4.	Ashoke Agarwal & Others HUF	HUF		Not Applicable	8,000 (0.03%)
5.	Kosen Ventures Private Limited	Company	Krishna Building, 224 AJC, Bose Road, FL-7, R No.711, Shakespeare Sarani, Kolkata - 700017, West Bengal, India	Not Applicable	1,29,75,000 (49.98%)
Note:

“WorkingDay”meansanyworkingdayoftheSEBI.

I. ACQUIRERS, PAC,SELLERS,TARGETCOMPANYANDOFFER: 1. InformationabouttheAcquirersandPAC:

ThesalientfeaturesoftheSPAare asfollows:

The SPA sets forth the terms and conditions agreed between the Acquirers and the Sellers and their respective rights and obligations. The Acquirers have agreed to purchase and acquire the Sale Shares from the Sellers on the terms set out in the SPA, free and clear from all encumbrances and together with all rights,titleandinterestattachedtothem. The obligation of the Acquirers to consummate the acquisition of the Sale Shares under the SPA is conditional on certain conditions precedent being fulfilled (unless waived/deferred by the parties), which include amongothers, thefollowingkeyconditions: Representations and warranties: All of the representations given by the Sellers under the SPA shall be true andaccurateasoftheclosingdateandnobreachoftheSPAhavingtakenplace.

1.1. MaheshkumarJatashankarThanki (“Acquirer-1”)
1.1.1. Maheshkumar Jatashankar Thanki is son of Jatashankar Muljibhai Thanki and is an individual resident of India, aged 67 years and residing at Madhav Bhuvan, 2 Bhojeshwar Plot, Porbandar- 360575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from Gujarat University. He has an total experience of more than 45 years in the field of mining, manufacture of value addedmineralproductsanddomesticaswellasinternationaltradingofminerals.
1.1.2. The net worth of the Acquirer-1 as on December 31, 2025 is ? 1644.92 Lakhs (Rupees One Thousand Six Hundred Forty Four Point Nine Two Lakhs Only) as certified vide certificate bearing unique document identification no. ( “UDIN” ) 26044687ZNLOAO2270 dated January 6, 2026 issued by CA Nirmal K. Khetan, (ICAI Membership No. 44687) Partner of JKJS & Co. LLP, Chartered Accountants (ICAI FRN: 121161W/W100195) having its office at F-99, Express Zone Mall, Western Express Highway, GoregaonEast,Mumbai-400063,Maharashtra,India.EmailID:[email protected].

No Material Adverse Effect: No event (or series of events) having occurred which in the sole determination of the Acquirers has or is reasonably likely to have (or, with the passage of time, giving of notice, satisfactionofaconditionorotherwise,mayhave)amaterialadverseeffect.

Each of the Sellers having obtained and delivered to the Acquirers, a certificate in relation to Section 281 of theIncome-taxAct,1961inaccordancewiththetermsoftheSPA. The Sellers shall have complied with all applicable provisions of the SEBI SAST Regulations, as may be required under the SEBI Regulations or identified by SEBI, including during the Open Offer process, to the satisfactionoftheAcquirers. Pursuant to SPA, this Open Offer is a mandatory offer being made by the Acquirers and PAC to the Public Shareholders of the Target Company in compliance with Regulations 3(1) and 4 of the SEBI (SAST) Regulations.

1.2. BhargavGirjashankarThanki(Acquirer-2)
1.2.1. Bhargav Girjashankar Thanki is son of Girjashankar Muljibhai Thanki and is an individual resident of India, aged 57 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor in Engineering (Polymer) from University of Pune and has an experience of more than 35 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

a)Sellers arenotapartofanydefinedgroup.

3.2. Currently, the Sellers are the members of the promoters and promoter group of the Target Company and upon completion of the Offer, the Sellers shall cease to be members of the promoters and promoters group 3. of the Target Company subject to, compliance with conditions stipulated in Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ( “SEBI (LODR) Regulations” ). Upon completion of the sale and purchase of the Sale Shares 4. undertheSPA,theSellerswillnotholdanyEquitySharesoftheTargetCompany.
3.3. The Sellers are not prohibited by SEBI from dealing in securities, in terms of directions issued under Section 11BoftheSEBIActor undertheSEBIRegulations.
1.2.2. The net worth of the Acquirer-2 as on December 31, 2025 is ? 1480.02 Lakhs (Rupees One Thousand Four Hundred Eighty Point Zero Two Lakhs Only) as certified vide certificate bearing UDIN 26044687PDRDNN2545 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated inpara1.1.2ofPartI).

The primary objective of the Acquirers for the above-mentioned acquisition is substantial acquisition of shares and voting rights of the Target Company, along with the consequent change in control and management of the Target Company and the acquisition of management control. The Acquirers and PAC have substantial experience in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals and hence, intends to expand and diversify business activities of the Target Company by undertaking related business activities. However, depending on the requirement and expediency of the business situation and subject to all applicable law, rule and regulations, the Board of Directors of the Target Company will take appropriate business decisions from time totime,andenhancetheperformanceandshareholdervalueoftheTargetCompany.

1.3. BhavinHarihar Thanki(Acquirer-3)

4. InformationabouttheTargetCompany

1.3.1. Bhavin Harihar Thanki is son of Harihar Mulji Thanki and is an individual resident of India, aged 53 years and residing at 2 Wadi Plots, Porbandar - 360 575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Higher Secondary Certification and has an experience of more than 33 years in the field of mining, manufacture of value added mineral products and domestic as well as international tradingofminerals.
1.3.2. The net worth of the Acquirer-3 as on December 31, 2025 is ? 1667.86 Lakhs (Rupees One Thousand Six Hundred Sixty Seven Point Eight Six Lakhs Only) as certified vide certificate bearing UDIN 26044687DHWSVV4887 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated inpara1.1.2ofPartI).

The Offer Price will be paid in cash through banking channels by the Acquirers, in accordance with Regulation9(1)(a)oftheSEBI(SAST)Regulations.

4.2. The registered office of the Target Company is situated at Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India. Tel. No.: +91 8027971565 /66;[email protected];Website: http://www.glittek.com/.

III. SHAREHOLDINGAND ACQUISITIONDETAILS:

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The current and proposed shareholding of the Acquirers and PAC in the Target Company and the details of
theiracquisitionareasfollows:
Details Equity Equity Shares Equity Shares Equity Shares Post Offer
Shareholding agreed to be acquired proposed to be Shareholding
as on the PA acquired under between the acquired in the
date SPA(3) PA date and open offer
the DPS date
Acquirer-1 No. Nil 40,87,753 Nil 16,87,502 57,75,255
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4.3. The Target Company is authorised to engage in the business of manufacturing, processing and trading of graniteslabandtiles.

1.4. KalpanaAshwinkumarThanki (Acquirer-4) 1.4.1. Kalpana Ashwinkumar Thanki is spouse of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 66 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Homeopathy Medicine and Surgery from Karnataka Board of Homeopathic System of Medicine and has anexperienceofmorethan41yearsinthefieldofHomeopathyMedicineandHealthCare.

4.4. The Equity Shares of the Target Company are listed on BSE Limited (“BSE”) (Scrip Code: GLITTEKG, Scrip ID: 513528).TheISINoftheEquity SharesoftheTargetCompanyisINE741B01027.

4.5. The authorized share capital of the Target Company is ? 14,00,00,000/- (Rupees Fourteen Crore Only) comprising of 2,80,00,000 (Two Crore Eighty Lakhs) Equity Shares of face value of ? 5/- (Rupees Five Only) each. The paid-up Equity Share Capital of the Target Company is ? 12,97,97,000/- (Rupees Twelve Crore Ninety Seven Lakhs Ninety Seven Thousand Only) comprising of 2,59,59,400 (Two Crore Fifty Nine LakhsFiftyNineThousandFourHundred)EquitySharesoffacevalueof ? 5/-(RupeesFiveOnly)each.

1.4.2. The net worth of the Acquirer-4 as on December 31, 2025 is ? 826.51 Lakhs (Rupees Eight Hundred Twenty Six Point Five One Lakhs Only) as certified vide certificate bearing UDIN 26044687HNOLPI1334 datedJanuary6,2026 issuedbyCANirmalK.Khetan, (having detailsasstatedinpara1.1.2ofPartI).
1.5. HemaBhargavThanki(Acquirer-5)

Details	Details	Equity Shareholding as on the PA date	Equity Shares agreed to be acquired under SPA(3)	Equity Shares acquired between the PA date and the DPS date	Equity Shares proposed to be acquired in the open offer	Post Offer Shareholding
Acquirer-1	No.	Nil	40,87,753	Nil	16,87,502	57,75,255
	%	0.00	15.75	0.00	6.50%	22.25%
Acquirer-2	No. %	Nil 0.00	33,63,963 12.96	Nil 0.00	13,88,706 5.35	47,52,669 18.31%
Acquirer-3	No. %	Nil 0.00	40,87,753 15.75	Nil 0.00	16,87,500 6.50	57,75,253 22.25
Acquirer-4	No. %	Nil 0.00	27,60,930 10.64	Nil 0.00	11,39,763 4.39	39,00,693 15.03
Acquirer-5	No. %	Nil 0.00	7,23,789 2.79	Nil 0.00	2,98,794 1.15	10,22,583 3.94
Acquirer-6	No. %	Nil 0.00	13,26,822 5.11	Nil 0.00	5,47,737 2.11	18,74,559 7.22
PAC	No. %	Nil 0.00	Nil 0.00	Nil 0.00	Nil 0.00	Nil 0.00
1. PercentageiscalculatedasapercentageoftheexistingequitysharecapitaloftheTargetCompany. 2. While persons may be deemed to be acting in concert with the Acquirers and/or PACs in terms of Regulation 2(1)(q)(2) of the SEBI (SAST) Regulations (*“Deemed PACs”*), however, such Deemed PACs are not acting in concert with the Acquirers and/or PACs for the purposes of this Open Offer, within the meaningofRegulation2(1)(q)(1)oftheSEBI(SAST)Regulations

1.5.1. Hema Bhargav Thanki is spouse of Bhargav Girjashankar Thanki and is an individual resident of India, aged 49 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Arts in Psychology from University of Mumbai and has an experience of more than 10 years in the field of CorporateEnvironmentResponsibility(CER)aswellasHumanResources.
4.7. The Equity Shares of the Target Company are frequently traded on BSE in terms of Regulation 2(1)(j) of the SEBI(SAST)Regulations.

1.5.2. The net worth of the Acquirer-5 as on December 31, 2025 is ? 1237.01 Lakhs (Rupees One Thousand Two Hundred Thirty Seven Point Zero One Lakhs Only) as certified vide certificate bearing UDIN 26044687NXVHBK7576 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated inpara1.1.2ofPartI).

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(Amount in ? Lakhs)
Particulars For the six months period Financial year ended
ended September 30, 2025 March 31, 2025 March 31, 2024 March 31, 2025
Un-Audited Audited Audited Audited
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1.6. GautamAshwinkumarThanki (Acquirer-6)
1.6.1. Gautam Ashwinkumar Thanki is son of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 38 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from University of Pune and has an experience of more than 15 years in the field of mining, manufacture ofvalueaddedmineral productsanddomestic aswellasinternationaltradingofminerals.

Particulars	For the six months period ended September 30, 2025	Financialyear ended	Financialyear ended	Financialyear ended
		March 31, 2025	March 31, 2024	March 31, 2025
	Un-Audited	Audited	Audited	Audited
Total Revenue	95.06	3,329.91	705.90	1,383.43
Net Income	(34.90)	685.86	(614.41)	(77.89)
EPS(? per share)	(0.13)	2.64	(2.37)	(0.30)
Net worth/ Shareholders’ funds	950.98	985.88	300.02	914.43
Notes: 1) NotAnnualised

1.6.2. The net worth of the Acquirer-6 as on December 31, 2025 is ? 682.85 Lakhs (Rupees Six Hundred Eighty Two Point Eight Five Lakhs Only) as certified vide certificate bearing UDIN 26044687FZPRMD3880 dated January6,2026issuedbyCANirmalK.Khetan, (havingdetailsasstatedinpara1.1.2ofPartI).

OFFERPRICE:

IV.

The Equity Shares of the Target Company are listed on BSE Limited (Scrip ID: GLETTEKG, Scrip Code: 513528). 2. The trading turnover in the Equity Shares of the Target Company based on trading volume during the 12 (twelve) calendar months preceding the calendar month in which the PA is made i.e. January 1, 2025, to December31,2025isasgivenbelow: Stock Exchange Total no. of Equity Shares traded during Total no. of listed Trading turnover the twelve calendar months preceding Equity Shares (as % of total the calendar month in which the PA is Equity Shares made listed) BSE 61,40,438 2,59,59,400 23.65% (Source:www.bseindia.com) 3. Based on the above information, the Equity Shares of the Target Company are frequently traded on the BSE intermsofRegulation2(1)(j)oftheSEBI(SAST)Regulations. 4. The Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is justified in terms ofRegulations8(1)and8(2)oftheSEBI(SAST)Regulations,beingthehighest ofthefollowing: Sr. Particulars Price No. (in ? per Equity Share) A Highestnegotiated priceundertheSPA 12.65 B The volume-weighted average price paid or payable for acquisitions by the N.A. Acquirers /PAC, during 52weeksimmediatelypreceding thedateofthePA; C Highest price paid or payable for any acquisition by the Acquirers / PAC, N.A. during 26 weeksimmediatelypreceding thedateofthePA; D The volume-weighted average market price of shares for a period of 60 12.39 trading days immediately preceding the date of PA as traded on the stock exchange where the maximum volume of trading in the shares of the Target Company arerecordedduring such period; E The pricedetermined taking into accountvaluation parameters; N.A. F thepersharevaluecomputedundersub-regulation(5),ifapplicable Not Applicable(1) Note1:NotApplicablesincetheacquisitionisnotanindirectacquisition. 5. The fair value of Equity Shares of the Target Company is ? 12.65 per Equity Share (Rupees Twelve Paise Sixty FiveOnly) ascertified by CA Nirmal K. Khetan having ICAI Membership No.44687, Partner ofJKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687WKECRG5241 dated January 6, 2026, having office at F-99, Express Zone Mall, Western ExpressHighway,Goregaon-East,Mumbai-400063 ;Email:[email protected]. 6. In view of the parameters considered and presented in the aforesaid table, the minimum offer price per Equity Share under Regulation 8(2) of the SEBI (SAST) Regulations is the highest of item numbers A to F above i.e., ? 12.65 per Equity Share. Accordingly, the Offer Price of ? 12.65/- (Rupees Twelve Paise Sixty FiveOnly)isjustifiedintermsoftheSEBI(SAST)Regulations.
1.7. RawminMiningAndIndustriesPrivateLimited(“PAC”) 1.7.1. Rawmin Mining And Industries Private Limited Limited is a private limited company incorporated on January 29, 1999, under the Companies Act, 1956 pursuant to a certificate of incorporation dated January29,1999issuedbytheRegistrar ofCompanies,Gujarat,Dadra&NagarHaveli(the “RoC’ ).

2) The financial information for the six months period ended on September 30, 2025, has been extracted from the limited reviewed un-audited financial results filed with BSE on November 10, 2025. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements filed with the BSE on May 28, 2025, May 30, 2024 and May 24,2023,respectively.

1.7.2. The registered office of the PAC is situated at 94 - A, Mittal Court 224, Nariman Point, Mumbai- 400021, Maharashtra, India and its corporate identification number is U26999MH1999PTC168380. The contact detailsofthePACareasfollows:MobileNo.:(+91)9987010066andemailID:[email protected].
1.7.3. PAC is engaged in the business of mining of Metallurgical Grade Bauxite, Cement Grade Bauxite and Iron Ore,predominantlyinthestateofGujarat,MaharashtraandGoa.
DetailsoftheOffer 5.1. This Open Offer is a mandatory open offer made in compliance with Regulations 3(1) and 4 and other applicable provisions of the SEBI (SAST) Regulations for substantial acquisition of equity shares/ voting rights, accompanied with a change in management and control of the Target Company. This Offer has beentriggeredupontheexecutionoftheSPA.
1.7.4. EquitySharesofthePACarecurrentlynotlistedonanystockexchangeinIndia orabroad.

1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with theirshareholdinginthePACareasfollows:	5.2.	beentriggeredupontheexecutionoftheSPA. This Open Offer is being made by the Acquirers and PAC to the Public Shareholders to acquire up to
Sr. Name Category No. of equity shares %		67,50,000 Equity Shares (“Offer Shares”) representing 26% of Equity Share Capital the Target Company
No 1 2 3 4 5 6 Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter held in PAC 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00 1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 00046364)andBhavinHariharThanki,Whole-timeDirector(DIN:00046393). 1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period endedSeptember 30,2025 andaudited financialstatementsasonand forthe financialyearsended onMarch31,2025,March31,2024,andMarch31,2023and,isassetoutbelow:	5.3. 5.4.	at a price of?12.65/- (Rupees Twelve and Paise Sixty Five only) per Equity Share (“Offer Price”) payable in cash, from the Public Shareholders of the Target Company, aggregating to a total consideration of? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven Thousand Five Hundred Only) (assuming full acceptance) (“Offer Size”), payable in cash in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations and subject to the terms and conditions as set out in PA, DPS and Letter of Offer (“LOF”). The Offer Shares will be acquired by the Acquirers fully paid-up, free from all liens, charges and encumbrances and together with all the rights attached thereto and the Public Shareholders tendering their Equity Shares in this Open Offer shall have obtained all necessary consents required by them to sell the EquitySharesontheforegoingbasis. All Public Shareholders (including resident or non-resident shareholders) must obtain all requisite approvals required, if any, to tender the Offer Shares (including without limitation, the approval from the RBI, FIPB or any other regulatory body) in respect of Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along with the other documents required to accept this Offer. In the
(Amount in?Lakhs)		event such approvals are not submitted, the Acquirers and PAC reserve the right to reject such Equity
Particulars For the nine months period ended December 31, 2025 Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds Un-Audited 2,603.65 90.72 0.46 3,677.21 Financialyear ended March 31, 2023 March 31, 2024 March 31, 2025 Audited 5,692.15 67.97 0.35 3,367.33 Un-Audited 2,565.51 64.49 0.33 3,431.82 Audited 6,693.04 154.67 0.79 3,586.49 The financial information for the nine months period ended on December 31, 2025, has been extracted from the limited reviewed un-audited financial results dated January 11, 2026. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements dated September 22, 2025, September 29, 2024 and September 14, 2023,respectively.	5.5. 5.6. 5.7. 5.8.	Shares tendered in this Offer. Further, if the Public Shareholders who are not persons resident in India had required any approvals (including from the RBI, or any other regulatory body) in respect of the Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Offer Shares held by them, along with the other documents required to be tendered to accept this Offer. In the event such approvals are not submitted, the Acquirersreservetheright torejectsuch OfferShares. This Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19(1) of the SEBI(SAST)Regulations. ThisisnotacompetitiveofferintermsofRegulation20oftheSEBI(SAST)Regulations. This Offer is not pursuant to any global acquisition resulting in indirect acquisition of Equity Shares of the TargetCompany. The Acquirers and PAC intend to retain the listing status of the Target Company and no delisting offer is proposedtobemade.

5.7. This Offer is not pursuant to any global acquisition resulting in indirect acquisition of Equity Shares of the TargetCompany.
5.8. The Acquirers and PAC intend to retain the listing status of the Target Company and no delisting offer is proposedtobemade.
5.9. There are no statutory and other approvals required to be obtained to complete the Underlying Transaction 7. contemplated under the SPA or to complete this Open Offer other than as indicated in Part VI (Statutory andOtherApprovals)below.
5.10. Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutoryorotherapprovalsarerequiredinordertocompletethisOpen Offer.

Since the date of the PA and as on the date of this DPS, there have been no corporate actions in the Target Company warranting adjustment of relevant price parameters under Regulation 8(9) of the SEBI (SAST) Regulations. The Offer Price may be adjusted in the event of any corporate actions like bonus, rights issues, stocksplit, consolidation, etc.wherethe recorddate for effectingsuch corporateactions fallsprior to 3 Working Days before the commencement of the Tendering Period of the Offer, in accordance with Regulation8(9)oftheSEBI(SAST)Regulations.

1.7.8. The net worth of the PAC as on December 31, 2025 is ? 3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as statedinpara1.1.2 ofPartI).

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1.7.9. TherelationshipbetweentheAcquirersandPACareasfollows:
Name of Acquirers and PAC Relationship between Acquirers and PAC
Maheshkumar Jatashankar Thanki Promoter, shareholder and Managing Director
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5.11. In terms of Regulation 23 of the SEBI (SAST) Regulations, in the event, for reasons outside the reasonable control of the Acquirers and PAC, the approvals specified in this DPS as set out in Part VI (Statutory and 8. Other Approvals) below or those which become applicable prior to completion of the Open Offer are not received, then the Acquirers and PAC shall have the right to withdraw the Open Offer. In the event of such a withdrawalofthe Open Offer,the Acquirersand PAC(through the Manager)shall,within 2WorkingDays of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordancewith Regulation23(2)oftheSEBI(SAST)Regulations.

Name of Acquirers and PAC	Relationship between Acquirers and PAC
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki	Promoter,shareholder and Whole time Director
Kalpana Ashwinkumar Thanki	Promoter and shareholder
Hema Bhargav Thanki	Promoter and shareholder
Gautam Ashwinkumar Thanki	Promoter and shareholder

(Continued to next page)

ªf³fÀfØff 13 ªf³f½fSXe, 2026 15

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If the Acquirers and PAC acquire Equity Shares of the Target Company during the period of twenty-six weeks after theTendering Period ata pricehigher thantheOffer Price, thentheAcquirers andPAC shall pay the difference between the highest acquisition price and the Offer Price, to all Public Shareholders whose Equity Shares have been accepted in the Offer within 60 (sixty) days from the date of such acquisition. However, no such difference shall be paid in the event that such acquisition is made under another open offer under the SEBI (SAST) Regulations, or pursuant to SEBI Delisting Regulations, or open market purchases made in the ordinary course on the Stock Exchange, not being negotiated acquisition of Equity SharesoftheTargetCompanyinanyform.

VIII. PROCEDURE FOR TENDERING THE EQUITY SHARES IN CASE OF NON RECIEPT OF LETTER OF

OFFER:

All the Public Shareholders of the Target Company, whether holding the Equity Shares in physical form or dematerialized form are eligible to participate in this Offer at any time during the period from Offer openingdateandofferClosingdate( “TenderingPeriod” )forthisOpenOffer.
The Acquirers are permitted to revise the Offer Price upward at any time up to 1 (one) Working Day prior to the commencement of the Tendering Period of this Offer in accordance with Regulation 18(4) of the SEBI (SAST) Regulations. In the event of such upward revision in the Offer Price, the Acquirers shall make further deposits into the Escrow Account, make a public announcement in the same newspapers where the original DPS has been published and simultaneously inform SEBI, BSE and Target Company at its registeredofficeofsuch revision.

Persons who have acquired Equity Shares but whose names do not appear in the register of members of the Target Company on the Identified Date or unregistered owners or those who have acquired Equity Shares after the Identified Date or those who have not received the LOF, may also participate in this Open Offer. Accidental omission to send the LOF to any person to whom the Offer is made or the non-receipt or delayedreceiptoftheLOF byanysuch personwillnotinvalidatetheOfferinany way.

As on date, there is no revision in Offer Price or Offer Size. In case of any revision in the Offer Price or Offer Size, the Acquirers shall comply with Regulation 18 of SEBI (SAST) Regulations and all other applicable provisions of SEBI (SAST) Regulations which are required to be fulfilled for the said revision in the Offer PriceorOfferSize.
V. FINANCIAL ARRANGEMENTS:
The Public Shareholders may also download the LOF from the SEBI's website (www.sebi.gov.in) or obtain a copy of the same from the Registrar to the Offer on providing suitable documentary evidence of holding of the Equity Shares and their folio number, DP identity-client identity, current address and contact details.
The total fund requirement for implementation of the Open Offer (assuming full acceptances) i.e. for the acquisition of up to 67,50,000 (Sixty Seven Lakhs Fifty Thousand) Equity Shares from all the Public Shareholders of the Target Company at an Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven ThousandFive HundredOnly)( “MaximumConsideration” ).
This Open Offer will be implemented by the Acquirers and PAC through a stock exchange mechanism made available by stock exchange in the form of a separate window ( “Acquisition Window” ), as provided under the SEBI (SAST) Regulations and SEBI circular SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated February 16, 2023 and on such terms and conditions as may be permitted by law from time to time.
In accordance with Regulation 17 of SEBI (SAST) Regulations, the Acquirers and Manager to the Offer have entered into an escrow agreement with ICICI Bank Limited ( “Escrow Agent” ) on January 7, 2026 ( “Escrow Agreement” ) and have opened an escrow account under the name and style of “Thanki Bhargav Girjashankar -GGL Open Offer Escrow Account” ( “Escrow Account” ) with the Escrow Agent. In accordance with the requirements of Regulation 17 of the SEBI (SAST) Regulations, the Acquirers have deposited in cash, through banking channels, an aggregate of ? 2,13,50,001/- (Rupees Two Crore Thirteen Lakhs Fifty Thousand One Only) ( “Escrow Amount” ) in the Escrow Account which is more than 25 % of the total consideration payable in the Offer, assuming full acceptance. In terms of the Escrow Agreement, the Manager to the Offer has been authorized by the Acquirers to operate the Escrow Account in accordance with the SEBI (SAST) Regulations. The deposit of the Escrow Amount has been confirmed bytheEscrowAgentbywayofaconfirmation letterdatedJanuary8,2026. 3. The Acquirers have authorized the Manager to the Offer to operate the Escrow Account and realize the valueoftheEscrowAmountinterms oftheSEBI (SAST)Regulations.

dWX³Qcþf WXfCXdÀfÔ¦f RYfB³fZÔÀf d»fd¸fMXZOX IYfg´fûSXÊZMX IYf¹ffÊ»f¹f: ³fÔ¶fSX 167-169, dõ°fe¹f °f»f, A³³ff Àff»f, ÀfQf´fZMX, ¨fZ³³fBÊ – 600015 BÊ-¸fZ»f: [email protected]; VffJf IYf¹ffÊ»f¹f: ´fi±f¸f 124/O/64, ´ffg´fb»fSX ²f¸fÊ IYfÔMXf IZY ´ffÀf, ¦fûdUÔQ ³f¦fSX, IYf³f´fbSX-208006.

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BSEshallbethedesignatedstockexchangeforthepurposeoftendering EquityShares intheOpenOffer. 7. The Acquirers and PAC have appointed Pravin Ratilal Share and Stock brokers Limited ( “Buying Broker” ) as their broker for the Open Offer through whom the purchases and settlement of the Offer Shares tendered under the Open Offer shall be made. The contact details of the Buying Broker are as mentioned below:

AfSXE»fE¸f: AfSX.E»f.E¸f- ßfe ¶fiþZVf IbY¸ffSX AUÀ±fe: 9918300185 * ÀfeE»fE¸f - Àfû³f¸f d¸fßff: 9368111464* AfSXAfSXE¸f: ´fb¿IYSX AUÀ±fe- 9453043399, ÀfeAfSXE¸f -d¸f°fZVf d¸fßff: 9555269296 ÀffÔIZYd°fIY IY¶þf Àfc¨f³ff

Name: PravinRatilalShareandStockBrokersLimited

Address: Sakar-1, 5thFloor,OppGandhigramRailwayStation, Navrangpura, Ahmedabad-380009

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SEBI Reg.No: INZ000206732

TelNo.: 079-26553758 Email : [email protected]

The Acquirers have confirmed that they have adequate financial resources to meet the obligations under the Open Offer and have made firm financial arrangements for fulfilling the payment obligations under this Open Offer in terms of Regulation 25(1) of the SEBI (SAST) Regulations and the Acquirers are able to implementthisOpenOffer.

Website: http://www.prssb.com/

Contact Person: NehaJain

Public Shareholders who desire to tender their Equity Shares under the Open Offer would have to intimate their respective stockbrokers ( “Selling Broker” ) within the normal trading hours of the secondary market,duringtheTendering Period. 9. A separate acquisition window will be provided by the BSE to facilitate placing of sell orders. The Selling BrokercanenterordersfordematerializedaswellasphysicalEquityShares.
After considering the aforementioned, CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687CVVZJH6791 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected] have certified that the Acquirers and PAC, have made firm financial arrangements to meet their financial obligations under theOpenOffer.
The Selling Broker would be required to place an order/bid on behalf of the Public Shareholders who wish to tender their Equity Shares in the Open Offer using the acquisition window of the BSE. Before placing the bid, the Public Shareholder/Selling Broker concerned would be required to mark lien on the tendered Equity Shares. Details of such Equity Shares marked as lien in the demat account of the Public Shareholders shall be provided by the depositories to the Clearing Corporation in accordance with SEBI circularno.SEBI/HO/CFD/DCR-III/CIR/P/2021/615datedAugust 13,2021.
Based on the above and in the light of the escrow arrangements, the Manager to the Offer is satisfied (a) about the adequacy of resources to meet the financial requirements for the Open Offer and the ability of the Acquirers and PAC to implement the Open Offer in accordance with the SEBI (SAST) Regulations, (b) that firm arrangements for payment through verifiable means have been put in place by the Acquirers to fulfill theirobligationsinrelationtotheOfferinaccordancewith theSEBI(SAST)Regulations.
In case of upward revision in the Offer Price and/ or the Offer Size, the corresponding increase to the Escrow Amount as mentioned above shall be made by the Acquirers to ensure compliance with Regulation 18(5)oftheSEBI(SAST)Regulations.
The cumulative quantity tendered shall be displayed on the BSE website (www.bseindia.com) throughout thetradingsessionatspecificintervalsduringtheTendering Period. 12. As per the provisions of Regulation 40(1) of the SEBI LODR Regulations and SEBI’s press release dated December 3, 2018, bearing reference no. PR 49/2018, requests for transfer of securities shall not be processed unless the securities are held in dematerialised form with a depository with effect from April 01, 2019. However, in accordance with the circular issued by SEBI bearing reference number SEBI/HO/CFD/ CMD1/CIR/P/2020/144 dated July 31, 2020, shareholders holding securities in physical form are allowed to tender shares in an Open Offer. Such tendering shall be as per the provisions of the SEBI (SAST) Regulations. Accordingly, Public Shareholders holding Equity Shares in physical form as well are eligible to tender their Equity Shares in this Open Offer as per the provisions of the SEBI (SAST) Regulations.
VI. STATUTORY AND OTHERAPPROVALS:
As on the date of this DPS, there are no statutory or other approvals required to acquire the Offer Shares that may be validly tendered pursuant to this Offer and/or to complete the Underlying Transaction. However, if any statutory or other approval(s) becomes applicable prior to the completion of the Offer, the Offer would also be subject to such statutory or other approval(s) being obtained and the Acquirers and PACshallmakenecessaryapplicationsforsuch approvals
If the holders of the Equity Shares who are not persons resident in India (including NRIs, OCBs and FIIs) had required any approvals (including from the RBI, the FIPB or any other regulatory body) in respect of the Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along with the other documents required to be tendered to accept this Offer. In the event such approvals are not submitted,theAcquirersandPACreservetheright toreject suchEquityShares tenderedinthisOffer. 3. In terms of Regulation 23 of the SEBI (SAST) Regulations, the Acquirers and PAC shall have the right to withdraw the Open Offer (a) in the event that any of statutory or other approvals specified in this Part VI (Statutory and Other Approvals) or those which become applicable prior to completion of the Open Offer are finally refused; or (b) if any of the conditions under the SPA, as set out in para 4 of Part II (Background of the Offer specified in this DPS are not satisfied for reasons outside the reasonable control of the Acquirers and PAC. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.

The process of tendering Equity Shares by the Equity Shareholders holding in demat and physical Equity Shareswill beseparatelyenumeratedintheLOF.

IX. THE DETAILED PROCEDURE FOR TENDERING THE EQUITY SHARES IN THE OFFER WILL BE AVAILABLE IN THE LETTER OF OFFER THAT WOULD BE DISPATCHED TO THE EQUITY SHAREHOLDERS OFTHETARGETCOMPANYASONTHE IDENTIFIED DATE.

OTHER INFORMATION:

The Acquirers and PAC accept full responsibility for the information contained in the PA and this DPS (other than such information as has been obtained from public sources or provided by or relating to and confirmed by the Target Company and/or the Sellers) and undertake that they are aware of and will complywith theirobligationsaslaiddownintheSEBI (SAST)RegulationsinrespectofthisOpenOffer. 2. The information pertaining to the Target Company contained in the PA or DPS or any other advertisement/publications made in connection with the Open Offer has been compiled from information published or publicly available sources or as provided by the Target Company. The Acquirers, PACs and Manager to the Offer have not independently verified such information and do not accept any responsibility with respect to any information provided in the PA or this DPS pertaining to the Target Company.

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Subject to the receipt of the statutory and other approvals, if any, the Acquirers shall complete payment of consideration within 10 (ten) Working Days from the closure of the Tendering Period to those Public Shareholders whose documents are found valid and in order and are approved for acquisition by the AcquirersandPAC. 5. Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutoryorother approvalsarerequiredinordertocompletethisOpenOffer.
LegalAdvisorstotheAcquirersandPAC:

Bathiya Legal

909, SolarisOne,N.S.PhadkeRoad,NearEast-WestFlyover,Andheri(East), Mumbai–400069,Maharashtra,India.Tel:+912261338050

Pursuant to Regulation 12 of SEBI (SAST) Regulations, the Acquirers and PACs have appointed Vivro Financial Services Private Limited (SEBI Reg. No: MB/INM000010122), as the Manager to the Open Offerasper thedetailsbelow: VivroFinancialServices PrivateLimited Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Centre, Paldi,Ahmedabad-380007. Gujarat.India. CIN: U67120GJ1996PTC029182; Tel No.: 079-40404242; Email: [email protected]; Website: www.vivro.net SEBIReg.No. MB/INM000010122 ContactPerson: ShivamPatel 5. The Acquirers and PAC have appointed MUFG Intime India Private Limited as the Registrar to the Offer, as per detailsbelow: MUFG INTIMEINDIA PRIVATE LIMITED Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai –400083,Maharashtra,India. CIN: U67190MH1999PTC118368 Tel No.: +918108114949 Email: [email protected] Website: www.in.mpms.mufg.com

==> picture [595 x 272] intentionally omitted <==

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6. In case of delay in receipt of any statutory approval(s) becoming applicable prior to completion of the
Offer, SEBI may, if satisfied that the delay in receipt of requisite approval was not due to any willful default VivroFinancialServices PrivateLimited
or neglect on the part of the Acquirers and PAC to diligently pursue the application for the approval, grant Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Centre,
extension of time to the Acquirers for payment of consideration to the Public Shareholders of the Target Paldi,Ahmedabad-380007. Gujarat.India.
Company who have accepted the Offer within such period, subject to the Acquirers agreeing to pay CIN: U67120GJ1996PTC029182; Tel No.: 079-40404242;
interest for the delayed period as directed by SEBI in terms of Regulation 18(11) of the SEBI (SAST) Email: [email protected]; Website: www.vivro.net
Regulations. Further, if delay occurs on account of willful default by the Acquirers and PAC in obtaining the
SEBIReg.No. MB/INM000010122 ContactPerson: ShivamPatel
requisite approvals, Regulation 17(9) of the SEBI (SAST) Regulations will also become applicable and the
Escrow AmountlyingintheEscrowAccountshallbecomeliabletoforfeiture. 5. The Acquirers and PAC have appointed MUFG Intime India Private Limited as the Registrar to the Offer, as
VII. TENTATIVE SCHEDULEOFACTIVITY: per detailsbelow:
Activity Day and Date MUFG INTIMEINDIA PRIVATE LIMITED
Issue of Public Announcement Tuesday, January 06, 2026 Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai
–400083,Maharashtra,India.
Publication of this Detailed Public Statement in newspapers Tuesday, January 13, 2026
CIN: U67190MH1999PTC118368 Tel No.: +918108114949
Last date of filing of draft LOF with SEBI Tuesday, January 20, 2026
Last date for Public Announcement for competing offer Wednesday, February 4, 2026 Email: [email protected]
Last date for receipt of comments from SEBI on the draft LOF Wednesday, February 18, 2026 Website: www.in.mpms.mufg.com
Identified Date Monday, February 23, 2026 SEBIReg.No. INR000004058 ContactPerson: PradnyaKaranjekar
Last date for dispatch of the LOF to the Public Shareholders Monday, March 2, 2026 6. This DPS and the PA shall also be available on SEBI’s website at www.sebi.gov.in and on the website of
ManagertotheOffer atwww.vivro.net
Last date of publication by which a committee of independent directors Thursday, March 5, 2026
IssuedbyManagertotheOfferonbehalfoftheAcquirersandPAC
of the Target Company is required to give its recommendation to the
Sd/- Sd/- Sd/-
Public Shareholders of the Target Company for this Offer
Last date for upward revision of the Offer Price and/or the Offer Size Friday, March 6, 2026 Maheshkumar Jatashankar Thanki(Acquirer 1) Bhargav Girjashankar Thanki(Acquirer 2) Bhavin Harihar Thanki(Acquirer 3)
Date of publication of opening of Open Offer public announcement in Monday, March 9, 2026
the newspaper in which DPS has been published Sd/- Sd/- Sd/-
Date of commencement of Tendering Period (“Offer opening Date”) Tuesday, March 10, 2026 Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki
Date of closure of Tendering Period “(Offer Closing Date”) Tuesday, March 24, 2026 (Acquirer 4) (Acquirer 5) (Acquirer 6)
Last date of communicating of rejection/acceptance and payment of Friday, April 10, 2026 Sd/-
consideration for accepted tenders/return of unaccepted shares Rawmin Mining And Industries Private Limited
Last date for publication of post Open Offer public announcement Monday, April 20, 2026 (PAC)
Last date of filing the final report to SEBI Monday, April 20, 2026 Date: January 12, 2026 Place: Mumbai
----- End of picture text -----*

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futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, uksfVl

çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(	çfrHkwfr fgr ¼çorZu½ fu;e] 2002 ds fu;e 9¼1½ ds lkFk fu;e 8¼8½ ds lkFk ifBr foÙkh; ifjlaifÙk;ksa ds çfrHkwfrdj.k vkSj iqufuZekZ.k rFkk çfrHkwfr fgr çorZu vf/kfu;e] 2002 ds varxZr futh laf/k ds ek/;e ls vpy laifÙk;ksa dh fcØh ds fy, fcØh uksfVl] vkbZlhvkbZlhvkbZ gkse Qkbusal daiuh fyfeVsM ¼vkbZlhvkbZlhvkbZ ,p,Qlh½ us uhps mfYyf[kr fxjoh j[kh xbZ laifÙk dh fcØh ds fy, dbZ bZ&uhykeh vk;ksftr dh] gkykafd] ,slh lHkh bZ&uhykeh foQy jghaA vc] ,d bPNqd [kjhnkj us vkjf{kr ewY; ij [kjhn dk çLrko ysdj vkbZlhvkbZlhvkbZ ,p,Qlh ls laidZ fd;k gS ¼—i;k uhps nh xbZ rkfydk ns[ksa½A ,rn}kjk vke turk vkSj fo'ks"k :i ls mèkkjdrkZ¼vksa½ vkSj xkjaVj¼jksa½ dks uksfVl fn;k tkrk gS fd uhps oÆ.kr vpy laifÙk lqjf{kr ysunkj dks caèkd@ Hkkfjr gS] ftldk dCtk vkÃlhvkÃlhvkÃ gkse Qkbusal daiuh fyfeVsM ds çkfèk—r vfèkdkjh }kjk tkjh vfèklwpuk ds vuqlkj] Þtgka gS tSlk gSÞ] Þtks gS tSlk gSÞ rFkk Þtks dqN Hkh gSÞ ds vkèkkj ij futh laf/k ds ek/;e ls uhps fn, x, laf{kIr fooj.k ds vuqlkj cspk tk,xk(
Øa- la-	mèkkjdrkZvksa@lg&mèkkjdrkZvksa@ xkjaVjksa@dkuwuh mÙkjkfèkdkjh dk uke _.k [kkrk la[;k	Kkr Hkkj lfgr lqjf{kr ifjlaifÙk;ksa dk fooj.k] ;fn dksbZ gks	cdk;k jkf'k	vkjf{kr ewY;	laifÙk fujh{k.k dh frfFk vkSj le;	uhykeh dh frfFk vkSj le;	uhykeh frfFk ls ,d fnu igys	ljQslh pj.k
				c;kuk jkf'k tek
¼,½	¼ch½	¼lh½	¼Mh½	¼bZ½	¼,Q½	¼th½	¼,p½	¼vkbZ ½
1-	lkfo=h ¼m/kkjdrkZ½ çeksn dqekj ¼lg&m/kkjdrkZ½ ySu ua- LHAGRO0001357384/ LHAGR00001388412	[kljk uacj 44] ubZ vof/k feJk d‚yksuh] ekStk jsguk] rglhy vkSj ftyk fQjkstkckn & 205152	#- 12]23]542@& 07 tuojh 2026	#- 5]00]000@&	22 tuojh 2026 11-00 iwokZà & 3-00 vijkà	29 tuojh 2026 dks 11-00 iwokZà & 12-00 vijkà	28 tuojh 2026 04-00 vijkà ls igys	HkkSfrd dCtk
				#- 50]000@&
2-	foØe lkaxoku ¼_.kdrkZ½ egsaæ dqekj ¼lg&_.kdrkZ½ ySu ua- LHJHN00001554754/ LHJHN00001555464	vjkth la[;k 946 dk Hkw[kaM Hkkx]csd ekStk] ygjfxnZ] rglhy ,oa ftyk >kalh& 284003	#- 34]27]244@& 07 tuojh 2026	#- 15]00]000@&	22 tuojh 2026 11-00 iwokZà & 3-00 vijkà	29 tuojh 2026 dks 11-00 iwokZà & 12-00 vijkà	28 tuojh 2026 04-00 vijkà ls igys	HkkSfrd dCtk
				#- 1]50]000@&

dtZnkj@xkjaVj izHkkfjr@ca/kd lEifRr ekax lwpuk dh frfFk] dCtk dh ¼lEifRr Lokeh½ dk uke ¼lEifRr ds lHkh ekax lwpuk dh frfFk rd frfFk va'k ,oa [kaM½ dk o.kZu cdk;k jkf'k ,oaJherh_.ktru[kkrkckÃuacjiRuh 'kaHkwyky] Jh 'kaHkw yky lEifRry[kfj;kdsih,llHkh [kSjkcknva'k ,oa [kaMftyk% iêkdksVkuacjjktLFkku2004 xzke326519uyksfn;k{ks=Qyxzqi ekax:4]92]276@&lwpuk ¼:i,10&10&2025pkj yk[k 10&01&2026 iq= uank] Jh nqxkZ 'kadj iq= 'kaHkw yky vkSj ifjeki ¾1125 oxZ QhV ckuos gtkj nks lkS fNgRrj ek=½ 10&10&2025 rd Jhfuoklhfo".kq% dqekj113 xqtZjiq= 'kaHkweksgYykyky uyksfM;k] rglhekd‚eu%&jksM]iwoZ&nf{k.k&edkuedkuiqjh yky]nqxkZ'kadjif'pe& edku HkkxhjFk] mRrj& vkSjcdk;kvU;$ izHkkj11&10&2025,oa ykxrls Hkqxrku dh frfFk rd C;kt jkxateaMh ftyk dksVk jktLFkku 326519 ¼_.k [kkrk la[;k HL32CHLONS000005000452/AP-0894228½ 'kk[kk dk;kZy; & >kykokM+ Jherh eerk dqekjh iRuhjkts'k dqekj] Jh lEifRr ds lHkh va'k ,oa [kaM % iêk uacj 05719 [kljk uacj 308 ekax lwpuk 10&10&2025 10&01&2026 jkts'k dqekj iq= Hkoj yky] Jh jes'k pan Çl?kkfu;k xzke iapk;r dyeaMh dyka iapk;r lfefr >kyjkikVu :- 3]76]654@& ¼:i, rhu yk[k iq= Hkaoj yky vkSj Jh Hkaoj yky iq= ftyk >kykokM+ 326023 jktLFkku {ks=Qy ifjeki ¾819 fNgRrj gtkj Ng lkS pkSou ek=½ 10&10&2025 rd ukjk;.k fuoklh % fl?kkfu;k xzke iapk;r oxZ QhV] lhek %& iwjc& edku çgykn ekyh] if'pe& ljdkjh cdk;k $ 11&10&2025 ls Hkqxrku dh frfFk rd C;kt dyeaMh dyka >kykokM+ ftyk - >kykokM+ t+ehu] mÙkj& ukyk vkSj iM+r vkcknh] nf{k.k& jksM vkSj vU; izHkkj ,oa ykxr 326023 jktLFkku ¼_.k [kkrk la[;k HL32TSLONS000005046186 & HL2000004276/AP-10103045 & AP-0393491½ 'kk[kk dk;kZy; & >kykokM+ Jherh cknke ckÃ iRuh uan yky] Jh jkeç'kkn lEifRr ds lHkh va'k ,oa [kaM % iêk uacj 15090 [kljk uacj ekax lwpuk 10&10&2025 10&01&2026 iq=fuoklh>kykjikVu¼_.kCHL100002310 / AP-0656140uan yky% >kykokM+]63vkSj es?kokyJh[kkrkvksejktLFkku&326036çdk'kcLrh iq=cksjnk½uanla[;kykyrg lhek%&>kykokM+340 ';kethiwoZ&jktLFkkuihyky]d‚eucksjnknf{k.k&jksM]326036ih ,lif'pe&edku,oa{ks=Qyrglhyctjaxd‚euifjeki>kyjkikVuykyjksM]1088mRrj&es?kokyoxZftykedkuQhV] vkSjcdk;k:-vM+rkyhl2]48]404@&vU;$ izHkkj11&10&2025gtkj,oapkj¼:i,ykxrlkSlsnkspkjHkqxrkuyk[kek=½dh10&10&2025frfFk rd C;ktrd 'kk[kk dk;kZy; & >kykokM+ Jh@Jherh eatw dkjisaVj iRuh gseUr dkjisaVj lEifRr ds lHkh va'k ,oa [kaM % Iy‚V uacj 6] }kjdk uxj ekax lwpuk 12&02&2025 10&01&2026 Jh@Jherh eatw dkjisaVj iq= Jh@Jherh gseUr d‚yksuh [kkljkMh >kykokM ftyk >kykokM+ 325221 #- 626842@& ¼#i;s Ng yk[k dkjisaVj iq= çse ukjk;.k] Jh@Jherh çse jktLFkku] lhek%& iwoZ&vU; edku] if'pe&Iy‚V uacj 5] NCchl gtkj vkB lkS c;kyhl ek=½ 10&02&2025 rd ukjk;.k iq= ekaxh yky] okMZ uacj] 9 <ksye mÙkj&jksM 15 QhV] nf{k.k&vU; Iy‚V cdk;k $ 11&02&2025 ls Hkqxrku dh frfFk rd C;kt <ksye <ksye ckjka ftyk& ckjka jktLFkku vkSj vU; izHkkj ,oa ykxr 325221] ¼_.k [kkrk la[;k HL12RNLONS000005062673/AP-10143619 'kk[kk dk;kZy; & pckjk ckjka LFkku % jktLFkku] frfFk % 13&01&2026 okLrs bafM;k 'ksYVj QkbuSal dkiksZjs'ku fyfeVsM ¼izkf/kdr vf/kdkjh½ fdlh iwNrkN ds fy, di;k lEidZ djsa % Jh fou; jk.kk ¼$91 79886 05030½

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मुंबई , मंगळवार , दि . १३ जानेवारी २०२६

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marathi.freepressjournal.in

5.12.

DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF GLITTEK GRANITES LIMITED Registered Office: Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India | CIN: L14102KA1990PLC023497 | Tel. No.: +91 80 27971565 / 66 | Email Id: [email protected] | Website: http://www.glittek.com/

2. Joint Undertakings / Confirmations by the Acquirers and PAC

The Acquirers and PAC have not acquired any Equity Shares of the Target Company between the date of PA i.e., January 6, 2026 and the date of this DPS. The Acquirers and PAC are not part of any group.

2.1.

5.13.

2.2.

As of the date of this DPS, there are no directors representing the Acquirers or PAC on the board of the Target Company.

2.3.

5.14. The Acquirers and PAC undertake that they will not sell the Equity Shares of the Target Company held by them during the Offer Period in terms of Regulation 25(4) of the SEBI (SAST) Regulations.

2.4.

2.5.

2.6.

2.7. As of the date of this DPS, Acquirers and PAC does not have any relationship with or interest in the Target Company except for the Underlying Transaction, as detailed in Section II (Background to the Offer), that has triggered this Open Offer. 5.15. 2.8. As of the date of this DPS, the Acquirers and PAC are not prohibited by SEBI, from dealing in securities, in terms of directions issued by SEBI under Section 11B of the Securities and Exchange Board of India Act, 1992, as amended ( “SEBI Act” ) or any other regulations made under the SEBI Act. ( “SEBI Regulations” ) 2.9. The Acquirers and PAC are not categorized as a willful defaulter by any bank or financial institution or 5.16. consortium thereof, in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India ( “RBI” ), in terms of Regulation 2(1)(ze) of the SEBI (SAST) Regulations. II.

For the purpose of this DPS, the following terms shall have the meanings assigned to them herein below:

2.10. The Acquirers and PAC are not categorized / declared as a fugitive economic offender under Section 12 of II. the Fugitive Economic Offenders Act, 2018 (17 of 2018), in terms of Regulation 2(1)(ja) of the SEBI 1. (SAST) Regulations.

3. Information about the Sellers:

“Working Day” means any working day of the SEBI.

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----- Start of picture text -----

3.1. The details of the Sellers are as under:
Sr. Name of the Nature of the Registered Office/ Name of the Shareholding / Voting
No person / entity person / entity Residential Address Stock Exchange Rights before the
where its Underlying
shares are Transaction No. of 2.
listed Shares (%) 2.1.
14,98,735
1. Manjula Agarwal Individual Not Applicable
(5.77%)
1145, 12th Main, 1st 6,65,888
2. Tushar Agarwal Individual Cross, HAL 2nd Stage, Not Applicable (2.57%) 2.2.
3. Ashoke Agarwal Individual Indiranagar, Bangalore Not Applicable 12,03,387
560038, Karnataka, India. (4.64%)
4. Ashoke Agarwal & HUF Not Applicable 8,000 a)
Others HUF (0.03%)
Krishna Building, 224 b)
Kosen Ventures AJC, Bose Road, FL-7, R 1,29,75,000
5. Private Limited Company No.711, Shakespeare Not Applicable (49.98%)
Sarani, Kolkata - 700017, c)
West Bengal, India
Note: d)
----- End of picture text -----

I. ACQUIRERS, PAC, SELLERS, TARGET COMPANY AND OFFER:

The salient features of the SPA are as follows:

1. Information about the Acquirers and PAC:

1.1. Maheshkumar Jatashankar Thanki (“Acquirer-1”)

1.1.1. Maheshkumar Jatashankar Thanki is son of Jatashankar Muljibhai Thanki and is an individual resident of India, aged 67 years and residing at Madhav Bhuvan, 2 Bhojeshwar Plot, Porbandar- 360575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from Gujarat University. He has an total experience of more than 45 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

1.1.2. The net worth of the Acquirer-1 as on December 31, 2025 is ? 1644.92 Lakhs (Rupees One Thousand Six Hundred Forty Four Point Nine Two Lakhs Only) as certified vide certificate bearing unique document identification no. ( “UDIN” ) 26044687ZNLOAO2270 dated January 6, 2026 issued by CA Nirmal K. Khetan, (ICAI Membership No. 44687) Partner of JKJS & Co. LLP, Chartered Accountants (ICAI FRN: 121161W/W100195) having its office at F-99, Express Zone Mall, Western Express Highway, GoregaonEast, Mumbai - 400063, Maharashtra, India. Email ID: [email protected].
1.2. Bhargav Girjashankar Thanki (Acquirer-2)

1.2.1. Bhargav Girjashankar Thanki is son of Girjashankar Muljibhai Thanki and is an individual resident of India, aged 57 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor in Engineering (Polymer) from University of Pune and has an experience of more than 35 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

a) Sellers are not a part of any defined group.

3.2. Currently, the Sellers are the members of the promoters and promoter group of the Target Company and upon completion of the Offer, the Sellers shall cease to be members of the promoters and promoters group 3. of the Target Company subject to, compliance with conditions stipulated in Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ( “SEBI (LODR) Regulations” ). Upon completion of the sale and purchase of the Sale Shares 4. under the SPA, the Sellers will not hold any Equity Shares of the Target Company.

1.2.2. The net worth of the Acquirer-2 as on December 31, 2025 is ? 1480.02 Lakhs (Rupees One Thousand Four Hundred Eighty Point Zero Two Lakhs Only) as certified vide certificate bearing UDIN 26044687PDRDNN2545 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

3.3. The Sellers are not prohibited by SEBI from dealing in securities, in terms of directions issued under Section 11B of the SEBI Act or under the SEBI Regulations.

1.3. Bhavin Harihar Thanki (Acquirer-3)

Information about the Target Company

1.3.1. Bhavin Harihar Thanki is son of Harihar Mulji Thanki and is an individual resident of India, aged 53 years and residing at 2 Wadi Plots, Porbandar - 360 575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Higher Secondary Certification and has an experience of more than 33 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals. 1.3.2. The net worth of the Acquirer-3 as on December 31, 2025 is ? 1667.86 Lakhs (Rupees One Thousand Six Hundred Sixty Seven Point Eight Six Lakhs Only) as certified vide certificate bearing UDIN 26044687DHWSVV4887 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

The Target Company was incorporated as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated on October 29, 1999, issued by the Registrar of Companies, Calcutta, West Bengal. There has been no change in the name of the Target Company in the preceding three years. The Corporate Identification Number ( “CIN” ) of the Target Company is L14102KA1990PLC02349.

4.1.
III.

4.2. The registered office of the Target Company is situated at Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India. Tel. No.: +91 80 27971565 / 66; Email id. [email protected]; Website: http://www.glittek.com/.

SHAREHOLDING AND ACQUISITION DETAILS:

III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:	III. SHAREHOLDING AND ACQUISITION DETAILS:
The current and proposed shareholding of the Acquirers and PAC in the Target Company and the details of their acquisition are as follows:
Details			Equity Shareholding as on the PA date	Equity Shares agreed to be acquired under SPA(3)	Equity Shares acquired between the PA date and the DPS date	Equity Shares proposed to be acquired in the open offer	Post Offer Shareholding
Acquirer-1		No. %	Nil 0.00	40,87,753 15.75	Nil 0.00	16,87,502 6.50%	57,75,255 22.25%
Acquirer-2		No. %	Nil 0.00	33,63,963 12.96	Nil 0.00	13,88,706 5.35	47,52,669 18.31%
Acquirer-3		No. %	Nil 0.00	40,87,753 15.75	Nil 0.00	16,87,500 6.50	57,75,253 22.25
Acquirer-4		No. %	Nil 0.00	27,60,930 10.64	Nil 0.00	11,39,763 4.39	39,00,693 15.03
Acquirer-5		No. %	Nil 0.00	7,23,789 2.79	Nil 0.00	2,98,794 1.15	10,22,583 3.94
Acquirer-6		No. %	Nil 0.00	13,26,822 5.11	Nil 0.00	5,47,737 2.11	18,74,559 7.22
PAC		No. %	Nil 0.00	Nil 0.00	Nil 0.00	Nil 0.00	Nil 0.00

1. 2.	Percentage is calculated as a percentage of the existing equity share capital of the Target Company. While persons may be deemed to be acting in concert with the Acquirers and/or PACs in terms of Regulation 2(1)(q)(2) of the SEBI (SAST) Regulations (*“Deemed PACs”*), however, such Deemed PACs are not acting in concert with the Acquirers and/or PACs for the purposes of this Open Offer, within the meaning of Regulation 2(1)(q)(1) of the SEBI (SAST) Regulations

4.3. The Target Company is authorised to engage in the business of manufacturing, processing and trading of granite slab and tiles.

1.4. Kalpana Ashwinkumar Thanki (Acquirer-4)

4.4. The Equity Shares of the Target Company are listed on BSE Limited (“BSE”) (Scrip Code: GLITTEKG, Scrip ID: 513528). The ISIN of the Equity Shares of the Target Company is INE741B01027.

1.4.1. Kalpana Ashwinkumar Thanki is spouse of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 66 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Homeopathy Medicine and Surgery from Karnataka Board of Homeopathic System of Medicine and has an experience of more than 41 years in the field of Homeopathy Medicine and Health Care.
1.4.2. The net worth of the Acquirer-4 as on December 31, 2025 is ? 826.51 Lakhs (Rupees Eight Hundred Twenty Six Point Five One Lakhs Only) as certified vide certificate bearing UDIN 26044687HNOLPI1334 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

The authorized share capital of the Target Company is ? 14,00,00,000/- (Rupees Fourteen Crore Only) comprising of 2,80,00,000 (Two Crore Eighty Lakhs) Equity Shares of face value of ? 5/- (Rupees Five Only) each. The paid-up Equity Share Capital of the Target Company is ? 12,97,97,000/- (Rupees Twelve Crore Ninety Seven Lakhs Ninety Seven Thousand Only) comprising of 2,59,59,400 (Two Crore Fifty Nine Lakhs Fifty Nine Thousand Four Hundred) Equity Shares of face value of ? 5/- (Rupees Five Only) each.

4.5.

1.5. Hema Bhargav Thanki (Acquirer-5) 1.5.1. Hema Bhargav Thanki is spouse of Bhargav Girjashankar Thanki and is an individual resident of India, aged 49 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Arts in Psychology from University of Mumbai and has an experience of more than 10 years in the field of Corporate Environment Responsibility (CER) as well as Human Resources.

The Equity Shares of the Target Company are frequently traded on BSE in terms of Regulation 2(1)(j) of the SEBI (SAST) Regulations.

4.7.

1.5.2. The net worth of the Acquirer-5 as on December 31, 2025 is ? 1237.01 Lakhs (Rupees One Thousand Two Hundred Thirty Seven Point Zero One Lakhs Only) as certified vide certificate bearing UDIN 26044687NXVHBK7576 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).


Particulars	For the six months period ended September 30, 2025	Financialyear ended
		March 31, 2025	March 31, 2024	March 31, 2025
	Un-Audited	Audited	Audited	Audited
Total Revenue	95.06	3,329.91	705.90	1,383.43
Net Income	(34.90)	685.86	(614.41)	(77.89)
EPS(? per share)	(0.13)	2.64	(2.37)	(0.30)
Net worth/ Shareholders’ funds	950.98	985.88	300.02	914.43

1.6. Gautam Ashwinkumar Thanki (Acquirer-6) 1.6.1. Gautam Ashwinkumar Thanki is son of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 38 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from University of Pune and has an experience of more than 15 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

1.6.2. The net worth of the Acquirer-6 as on December 31, 2025 is ? 682.85 Lakhs (Rupees Six Hundred Eighty Two Point Eight Five Lakhs Only) as certified vide certificate bearing UDIN 26044687FZPRMD3880 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
1.7. Rawmin Mining And Industries Private Limited (“PAC”)

OFFER PRICE:

The Equity Shares of the Target Company are listed on BSE Limited (Scrip ID: GLETTEKG, Scrip Code: 513528). The trading turnover in the Equity Shares of the Target Company based on trading volume during the 12 (twelve) calendar months preceding the calendar month in which the PA is made i.e. January 1, 2025, to December 31, 2025 is as given below:

1.7.1. Rawmin Mining And Industries Private Limited Limited is a private limited company incorporated on January 29, 1999, under the Companies Act, 1956 pursuant to a certificate of incorporation dated January 29, 1999 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli (the “RoC’ ).
1.7.2. The registered office of the PAC is situated at 94 - A, Mittal Court 224, Nariman Point, Mumbai- 400021, Maharashtra, India and its corporate identification number is U26999MH1999PTC168380. The contact details of the PAC are as follows: Mobile No.: (+91) 9987010066 and email ID: [email protected].
1.7.3. PAC is engaged in the business of mining of Metallurgical Grade Bauxite, Cement Grade Bauxite and Iron Ore, predominantly in the state of Gujarat, Maharashtra and Goa.

Stock Exchange	Stock Exchange	Total no. of Equity Shares traded during the twelve calendar months preceding the calendar month in which the PA is made	Total no. of listed Equity Shares	Total no. of listed Equity Shares	Trading turnover (as % of total Equity Shares listed)
BSE		61,40,438	2,59,59,400		23.65%
(Source: www.bseindia.com) 3. Based on the above information, the Equity Shares of the Target Company are frequently traded on the BSE in terms of Regulation 2(1)(j) of the SEBI (SAST) Regulations. 4. The Offer Price of?12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is justified in terms of Regulations 8(1) and 8(2) of the SEBI (SAST) Regulations, being the highest of the following:
Sr. No.	Particulars			Price (in? per Equity Share)
A	Highest negotiatedprice under the SPA			12.65
B	The volume-weighted average price paid or payable for acquisitions by the Acquirers / PAC,during52 weeks immediately precedingthe date of the PA;			N.A.
C	Highest price paid or payable for any acquisition by the Acquirers / PAC, during26 weeks immediately precedingthe date of the PA;			N.A.
D	The volume-weighted average market price of shares for a period of 60 trading days immediately preceding the date of PA as traded on the stock exchange where the maximum volume of trading in the shares of the Target Companyare recorded duringsuchperiod;			12.39
E	Theprice determined takinginto account valuationparameters;			N.A.
F	the per share value computed under sub-regulation (5), if applicable			Not Applicable(1)
Note 1: Not Applicable since the acquisition is not an indirect acquisition. 5. The fair value of Equity Shares of the Target Company is?12.65 per Equity Share (Rupees Twelve Paise Sixty Five Only) as certified by CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687WKECRG5241 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected].

Details of the Offer

5.1.

This Open Offer is a mandatory open offer made in compliance with Regulations 3(1) and 4 and other applicable provisions of the SEBI (SAST) Regulations for substantial acquisition of equity shares/ voting rights, accompanied with a change in management and control of the Target Company. This Offer has been triggered upon the execution of the SPA.

1.7.4. Equity Shares of the PAC are currently not listed on any stock exchange in India or abroad.

1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 5.8. 5.9. 5.10. Sr. No 1 2 3 4 5 6 Name Particulars Category For the nine months period ended December 31, 2025 Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds Promoter Promoter Promoter Promoter Promoter Promoter Un-Audited 2,603.65 90.72 0.46 3,677.21 No. of equity shares held in PAC Financialyear ended % March 31, 2023 March 31, 2024 March 31, 2025 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00 Audited 5,692.15 67.97 0.35 3,367.33 Un-Audited 2,565.51 64.49 0.33 3,431.82 Audited 6,693.04 154.67 0.79 3,586.49 1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 00046364) and Bhavin Harihar Thanki, Whole-time Director (DIN: 00046393). 1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below: (Amount in?Lakhs) The financial information for the nine months period ended on December 31, 2025, has been extracted from the limited reviewed un-audited financial results dated January 11, 2026. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements dated September 22, 2025, September 29, 2024 and September 14, 2023, respectively. 1.7.8. The net worth of the PAC as on December 31, 2025 is?3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. 5.4. 5.5. 5.6. 5.7. 5.8. 5.9. 5.10. Sr. No 1 2 3 4 5 6 Name Particulars Category For the nine months period ended December 31, 2025 Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Total Revenue Net Income EPS(? per share) Net worth/ Shareholders’ funds Promoter Promoter Promoter Promoter Promoter Promoter Un-Audited 2,603.65 90.72 0.46 3,677.21 No. of equity shares held in PAC Financialyear ended % March 31, 2023 March 31, 2024 March 31, 2025 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00 Audited 5,692.15 67.97 0.35 3,367.33 Un-Audited 2,565.51 64.49 0.33 3,431.82 Audited 6,693.04 154.67 0.79 3,586.49 1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 00046364) and Bhavin Harihar Thanki, Whole-time Director (DIN: 00046393). 1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below: (Amount in?Lakhs) The financial information for the nine months period ended on December 31, 2025, has been extracted from the limited reviewed un-audited financial results dated January 11, 2026. The financial information for the financial years ended March 31, 2025, March 31,2024 and March 31, 2023, has been extracted from audited financial statements dated September 22, 2025, September 29, 2024 and September 14, 2023, respectively. 1.7.8. The net worth of the PAC as on December 31, 2025 is?3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
5.11. Name of Acquirers and PAC Relationship between Acquirers and PAC Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Promoter,shareholder and ManagingDirector Promoter,shareholder and Whole time Director Promoter,shareholder and Whole time Director Promoter and shareholder Promoter and shareholder Promoter and shareholder 1.7.9. The relationship between the Acquirers and PAC are as follows:
Name of Acquirers and PAC	Relationship between Acquirers and PAC
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki	Promoter,shareholder and Whole time Director
Kalpana Ashwinkumar Thanki	Promoter and shareholder
Hema Bhargav Thanki	Promoter and shareholder
Gautam Ashwinkumar Thanki	Promoter and shareholder

This Open Offer is being made by the Acquirers and PAC to the Public Shareholders to acquire up to 67,50,000 Equity Shares (“Offer Shares”) representing 26% of Equity Share Capital the Target Company at a price of ? 12.65/- (Rupees Twelve and Paise Sixty Five only) per Equity Share (“Offer Price”) payable in cash, from the Public Shareholders of the Target Company, aggregating to a total consideration of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven Thousand Five Hundred Only) (assuming full acceptance) (“Offer Size”), payable in cash in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations and subject to the terms and conditions as set out in PA, DPS and Letter of Offer (“LOF”).

The Offer Shares will be acquired by the Acquirers fully paid-up, free from all liens, charges and encumbrances and together with all the rights attached thereto and the Public Shareholders tendering their Equity Shares in this Open Offer shall have obtained all necessary consents required by them to sell the Equity Shares on the foregoing basis.

All Public Shareholders (including resident or non-resident shareholders) must obtain all requisite approvals required, if any, to tender the Offer Shares (including without limitation, the approval from the RBI, FIPB or any other regulatory body) in respect of Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along with the other documents required to accept this Offer. In the event such approvals are not submitted, the Acquirers and PAC reserve the right to reject such Equity Shares tendered in this Offer. Further, if the Public Shareholders who are not persons resident in India had required any approvals (including from the RBI, or any other regulatory body) in respect of the Equity Shares held by them, they will be required to submit such previous approvals, that they would have obtained for holding the Equity Shares, to tender the Offer Shares held by them, along with the other 5. documents required to be tendered to accept this Offer. In the event such approvals are not submitted, the Acquirers reserve the right to reject such Offer Shares.

This Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19(1) of the SEBI (SAST) Regulations.

This is not a competitive offer in terms of Regulation 20 of the SEBI (SAST) Regulations. 6. This Offer is not pursuant to any global acquisition resulting in indirect acquisition of Equity Shares of the Target Company.

The Acquirers and PAC intend to retain the listing status of the Target Company and no delisting offer is proposed to be made.

Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer.

Name of Acquirers and PAC Relationship between Acquirers and PAC 1.7.9. The relationship between the Acquirers and PAC are as follows:	Name of Acquirers and PAC Relationship between Acquirers and PAC 1.7.9. The relationship between the Acquirers and PAC are as follows:	5.11.
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki	Promoter,shareholder and Whole time Director Promoter and shareholder Promoter and shareholder Promoter and shareholder

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मुंबई , मंगळवार , दि . १३ जानेवारी २०२६

, दि . १३ जानेवारी २०२६ marathi.freepressjournal.in 17 ^maV gaH$ma 9. If the Acquirers and PAC acquire Equity Shares of the Target Company during the period of twenty-six _Identified Date is only for the purpose of determining the names of the Equity Shareholders of the_ {dÎm ‘§Ìmb¶, {dÎmr¶ godm {d^mJ weeks after the Tendering Period at a price higher than the Offer Price, then the Acquirers and PAC shall pay Target Company as on such date to whom the Letter of Offer would be sent by email. It is clarified that all the difference between the highest acquisition price and the Offer Price, to all Public Shareholders whose the Public Shareholders (registered or unregistered) are eligible to participate in this Offer any time dgwbr A{YH$mar - I, ‘w§~B© Equity Shares have been accepted in the Offer within 60 (sixty) days from the date of such acquisition. before the closure of this Open Offer. H$O© dgwbr Ý¶m¶m{YH$aU, However, no such difference shall be paid in the event that such acquisition is made under another open VIII. PROCEDURE FOR TENDERING THE EQUITY SHARES IN CASE OF NON RECIEPT OF LETTER OF E‘Q>rEZEb ^dZ, 2am ‘Obm, Hw$bm~m ‘mH}$Q>, Hw$bm~m, ‘w§~B© offer under the SEBI (SAST) Regulations, or pursuant to SEBI Delisting Regulations, or open market OFFER: purchases made in the ordinary course on the Stock Exchange, not being negotiated acquisition of Equity 1. All the Public Shareholders of the Target Company, whether holding the Equity Shares in physical form or dgwbr H$m¶©dmhr H«$. 84 gZ 2022 Shares of the Target Company in any form. dematerialized form are eligible to participate in this Offer at any time during the period from Offer n[a. H«$.: 05 10. The Acquirers are permitted to revise the Offer Price upward at any time up to 1 (one) Working Day prior to opening date and offer Closing date ( “Tendering Period” ) for this Open Offer. nwT>rb {XZm§H$ … 09/03/2026 the commencement of the Tendering Period of this Offer in accordance with Regulation 18(4) of the SEBI 2. Persons who have acquired Equity Shares but whose names do not appear in the register of members of n§Om~ Z°eZb ~±H$ ....à‘mUnÌ YmaH$ further deposits into the Escrow Account, make a public announcement in the same newspapers where (SAST) Regulations. In the event of such upward revision in the Offer Price, the Acquirers shall make the Target Company on the Identified Date or unregistered owners or those who have acquired Equity Shares after the Identified Date or those who have not received the LOF, may also participate in this Open {déÜX the original DPS has been published and simultaneously inform SEBI, BSE and Target Company at its Offer. Accidental omission to send the LOF to any person to whom the Offer is made or the non-receipt or ‘o. lr gmB© ³bmoqXJ ....à‘mUnÌ H$O©Xma delayed receipt of the LOF by any such person will not invalidate the Offer in any way. 11. As on date, there is no revision in Offer Price or Offer Size. In case of any revision in the Offer Price or Offer registered office of such revision. 3. The LOF shall be sent through electronic means to those Public Shareholder(s) who have registered their à{V, ‘mJUr gyMZm email ids with the depositories / the Company and also will be dispatched through physical mode by Size, the Acquirers shall comply with Regulation 18 of SEBI (SAST) Regulations and all other applicable registered post / speed post / courier to those Public Shareholder(s) who have not registered their email ‘o. lr gmB© ³bmoqXJ, provisions of SEBI (SAST) Regulations which are required to be fulfilled for the said revision in the Offer ids and to those Public Shareholder(s) who hold Equity Shares in physical form. Further, on receipt of lr. à‘moX N>moQ>bmb {Vdmar ¶m§Mr ‘mbH$sMr g§ñWm, Price or Offer Size. request from any Public Shareholders to receive a copy of LOF in physical format, the same shall be ì¶dgm¶ nÎmm oWo : V. FINANCIAL ARRANGEMENTS:** provided. Jmim H«$. 25, 26 Am{U 27, n{hbm ‘Obm, Wmio H$m°åßbo³g, R>mUo {^d§S>r amoS>, 1. The total fund requirement for implementation of the Open Offer (assuming full acceptances) i.e. for the 4. The Public Shareholders may also download the LOF from the SEBI's website (www.sebi.gov.in) or H$meoir, VmbwH$m {^d§S>r Am{U {Oëhm R>mUo 421302. acquisition of up to 67,50,000 (Sixty Seven Lakhs Fifty Thousand) Equity Shares from all the Public obtain a copy of the same from the Registrar to the Offer on providing suitable documentary evidence of **Am{U** Shareholders of the Target Company at an Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five holding of the Equity Shares and their folio number, DP identity-client identity, current address and **a{hdmgr nÎmm:** gr-7, Jmim H«$. 1, lr A[ah§V H$m°åßbo³g, {eënm hm°Q>obOdi, Only) per Equity Share is of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven contact details. H$mboa, {^d§S>r 421302. Thousand Five Hundred Only) ( **“Maximum Consideration”** ). 5. This Open Offer will be implemented by the Acquirers and PAC through a stock exchange mechanism ¶mÛmao A{Ygy{MV H$aÊ¶m§V ¶oVo H$s, ‘mZZr¶ nrR>mgrZ A{YH$mar, **S>rAmaQ>r-I, _w§~B©** ¶m§Zr Omar Ho$boë¶m 2. In accordance with Regulation 17 of SEBI (SAST) Regulations, the Acquirers and Manager to the Offer made available by stock exchange in the form of a separate window ( **“Acquisition Window”** ), as **Amo. E. H«$. 326 gZ 2017** ‘Yrb dgybrÀ¶m à‘mUnÌmÀ¶m g§X^m©V, **é. 91,84,431.68/- (én¶o** have entered into an escrow agreement with ICICI Bank Limited ( **“Escrow Agent”** ) on January 7, 2026 provided under the SEBI (SAST) Regulations and SEBI circular SEBI/HO/CFD/PoD-1/P/CIR/2023/31 **E³³¶mÊUd bmI Mm¡è¶mEo§er hOma Mmaeo EH$Vrg Am{U ASw>gï> n¡go ‘mÌ)** BVH$s a¸$‘ ì¶mO accordance with the requirements of Regulation 17 of the SEBI (SAST) Regulations, the Acquirers have Bhargav Girjashankar -GGL Open Offer Escrow Account” (( **“Escrow Agreement”** ) and have opened an escrow account under the name and style of “Thanki **“Escrow Account”** ) with the Escrow Agent. In 6. BSE shall be the designated stock exchange for the purpose of tendering Equity Shares in the Open Offer.dated February 16, 2023 and on such terms and conditions as may be permitted by law from time to time. Am{U IMm©gh Vw‘À¶mH$Sy>Z Xo¶ Amho. Vwåhmbm ¶mÛmao øm gyMZoÀ¶m àmárÀ¶m AÝ¶Wm H$m¶ÚmZwgma dgwbr Ho$br OmB©b. **n§Yam** {Xdgm§V darb a¸$‘ àXmZ H$aÊ¶mMo {ZX}e XoÊ¶mV ¶oVo AmhoV, Thirteen Lakhs Fifty Thousand One Only) (deposited in cash, through banking channels, an aggregate of **“Escrow Amount”** ) in the Escrow Account which is more than ? 2,13,50,001/- (Rupees Two Crore 7. The Acquirers and PAC have appointed Pravin Ratilal Share and Stock brokers Limited ( **Broker”** ) as their broker for the Open Offer through whom the purchases and settlement of the Offer **“Buying** (E)darb aH$‘o ì¶{V[aº$ Vwåhmbm Imbrb aH$‘m gwÕm ^amì¶m bmJVrb… à‘mUnÌ/{ZînmXZ à{H«$¶oÀ¶m øm gyMZoZ§Va VmËH$mi gwê$ hmoUmè¶m H$mbmdYr gmR>r @ **16.10%** by the Escrow Agent by way of a confirmation letter dated January 8, 2026.in accordance with the SEBI (SAST) Regulations. The deposit of the Escrow Amount has been confirmed Agreement, the Manager to the Offer has been authorized by the Acquirers to operate the Escrow Account 25 % of the total consideration payable in the Offer, assuming full acceptance. In terms of the Escrow **Address:** mentioned below: **Name:** Shares tendered under the Open Offer shall be made. The contact details of the Buying Broker are as Sakar-1, 5th Floor, Opp Gandhigram Railway Station, Pravin Ratilal Share and Stock Brokers Limited (~r)‘mÂ¶m hñVo Am{U ‘mÂ¶m ghrZo Am{U Ý¶m¶m{YH$aUmÀ¶m {e³³¶mZo ømhr gyMZm Am{U dm°a§Q>g² À¶m ~OmdUrÀ¶m d WH$~mH$s aH$‘oÀ¶m dgwbrH$[aVm Ho$boë¶m AÝ¶ gd© à{Vdf© XamZo Xo¶ Ago ì¶mO. Cnm¶¶moOZm§À¶m g§~§YmV Ambobo gd© IM©, AmH$ma Am{U n[aì¶¶. **22 {S>g|~a, 2025** amoOr {Xbo. 3. The Acquirers have authorized the Manager to the Offer to operate the Escrow Account and realize the Navrangpura, Ahmedabad - 380009 **(¶VtÐ Hw$‘ma qgJ) SEBI Reg. No:** INZ000206732 **{R>H$mU… ‘w§~B© dgybr A{YH$mar** value of the Escrow Amount in terms of the SEBI (SAST) Regulations. 4. The Acquirers have confirmed that they have adequate financial resources to meet the obligations under **Tel No.:** 079-26553758 **H$O© dgwbr Ýmm{YH$aU-I, Email :** [email protected] **‘w§~B©** Open Offer in terms of Regulation 25(1) of the SEBI (SAST) Regulations and the Acquirers are able to the Open Offer and have made firm financial arrangements for fulfilling the payment obligations under this **Website:** http://www.prssb.com/ 1. g§~§{YV gmogm¶Q>r implement this Open Offer. **Contact Person:** Neha Jain 2. ~rE‘gr àm{YH$aU / ñWm{ZH$ ZmJar g§ñWm / VbmR>r 5. After considering the aforementioned, CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner 8. Public Shareholders who desire to tender their Equity Shares under the Open Offer would have to intimate their respective stockbrokers ( **“Selling Broker”** ) within the normal trading hours of the secondary 3. g§~§{YV Cn-{Z~§YH$ - grEM ~±H$ ¶m§Zr {Z¶‘m§Zwgma darb Z‘yX ‘mb‘Îmm/‘mb‘Îmm§darb AmH$ma (MmO}g) g§~§{YV Cn-{Z~§YH$mÀ¶m Zm|Xt‘Ü¶o Zm|XdyZ ¿¶mìmoV. of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN market, during the Tendering Period. 26044687CVVZJH6791 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected] have certified that 9. A separate acquisition window will be provided by the BSE to facilitate placing of sell orders. The Selling **ànÌ H«$. 3** Broker can enter orders for dematerialized as well as physical Equity Shares. the Acquirers and PAC, have made firm financial arrangements to meet their financial obligations under the Open Offer. 10. The Selling Broker would be required to place an order/bid on behalf of the Public Shareholders who wish **© § © [{Z¶‘-13(1)(E)nhm]** 6. Based on the above and in the light of the escrow arrangements, the Manager to the Offer is satisfied (a) about the adequacy of resources to meet the financial requirements for the Open Offer and the ability of the Equity Shares. Details of such Equity Shares marked as lien in the demat account of the Public the bid, the Public Shareholder/Selling Broker concerned would be required to mark lien on the tendered to tender their Equity Shares in the Open Offer using the acquisition window of the BSE. Before placing **H$O** 2am ‘Obm, Hw$bm~m, Q>o{b\$moZ ^dZ, Hw$bm~m ‘mH}$Q>, ‘w§~B© - 400 005 **dgwbr Ý¶m¶m{YH$aU ‘w~B (S>rAmaQ>r 1)** Acquirers and PAC to implement the Open Offer in accordance with the SEBI (SAST) Regulations, (b) that Shareholders shall be provided by the depositories to the Clearing Corporation in accordance with SEBI (5dm ‘Obm, qg{Y¶m hmD$g, ~°bmS>©, ‘w§~B©-400001) firm arrangements for payment through verifiable means have been put in place by the Acquirers to fulfill circular no. SEBI/HO/CFD/DCR-III/CIR/P/2021/615 dated August 13, 2021. **IQ>bm H«$.: AmoE/526/2024** 7. In case of upward revision in the Offer Price and/ or the Offer Size, the corresponding increase to the their obligations in relation to the Offer in accordance with the SEBI (SAST) Regulations. 11. The cumulative quantity tendered shall be displayed on the BSE website (www.bseindia.com) throughout the trading session at specific intervals during the Tendering Period. **H$O© dgybr Ý¶m¶m{YH$aU (H$m¶©dmhr) éëg, 1993 À¶m {Z¶‘ 5 À¶m Cn-** Escrow Amount as mentioned above shall be made by the Acquirers to ensure compliance with 12. As per the provisions of Regulation 40(1) of the SEBI LODR Regulations and SEBI’s press release dated **{Z¶‘ (2E) ghdmMVm A°μ³Q>À¶m H$b‘ 19 À¶m Cn-H$b‘ (4) A§VJ©V g‘Ýg.** Regulation 18(5) of the SEBI (SAST) Regulations. December 3, 2018, bearing reference no. PR 49/2018, requests for transfer of securities shall not be **n[a. H«$. 11 VI. STATUTORY AND OTHER APPROVALS:** processed unless the securities are held in dematerialised form with a depository with effect from April **¶og ~±H$** 1. As on the date of this DPS, there are no statutory or other approvals required to acquire the Offer Shares 01, 2019. However, in accordance with the circular issued by SEBI bearing reference number that may be validly tendered pursuant to this Offer and/or to complete the Underlying Transaction. SEBI/HO/CFD/ CMD1/CIR/P/2020/144 dated July 31, 2020, shareholders holding securities in physical **{déÕ** form are allowed to tender shares in an Open Offer. Such tendering shall be as per the provisions of the However, if any statutory or other approval(s) becomes applicable prior to the completion of the Offer, the SEBI (SAST) Regulations. Accordingly, Public Shareholders holding Equity Shares in physical form as **Xe©Z emh** PAC shall make necessary applications for such approvals Offer would also be subject to such statutory or other approval(s) being obtained and the Acquirers and Regulations.well are eligible to tender their Equity Shares in this Open Offer as per the provisions of the SEBI (SAST) **à{V,** 2. If the holders of the Equity Shares who are not persons resident in India (including NRIs, OCBs and FIIs) 13. The process of tendering Equity Shares by the Equity Shareholders holding in demat and physical Equity **(1) Xe©Z emh, S>r/S>ãë¶y/Eg/Amo. ‘wHo$e^mB©** had required any approvals (including from the RBI, the FIPB or any other regulatory body) in respect of Shares will be separately enumerated in the LOF. 4, 503 dmgwXod H$m°åßbo³g, goìhZ BboìhZ emioOdi, R>mUo, ‘hmamï´>-401107. the Equity Shares held by them, they will be required to submit such previous approvals, that they would **IX. THE DETAILED PROCEDURE FOR TENDERING THE EQUITY SHARES IN THE OFFER WILL BE VgoMoWo, âb°Q> H«$. 101, n{hbm ‘Obm, S>r qdJ, Om°{bQ>r gm\$ë¶ {~pëS>§J H«$. with the other documents required to be tendered to accept this Offer. In the event such approvals are not have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along SHAREHOLDERS OF THE TARGET COMPANY AS ON THE IDENTIFIED DATE.AVAILABLE IN THE LETTER OF OFFER THAT WOULD BE DISPATCHED TO THE EQUITY 2, â¶wMa {gQ>r Q>mB©n 2, Q>mB©n 4, dma§JmS>o, ~moB©ga nyd©, nmbKa, ‘hmamï´>-401501. submitted, the Acquirers and PAC reserve the right to reject such Equity Shares tendered in this Offer. X. OTHER INFORMATION: VgoM oWo,** âb°Q> H«$. 001, S>r qdJ, Om°{bQ>r gm\$ë¶ {~pëS>§J H«$. 2, â¶wMa {gQ>r 3. In terms of Regulation 23 of the SEBI (SAST) Regulations, the Acquirers and PAC shall have the right to 1. The Acquirers and PAC accept full responsibility for the information contained in the PA and this DPS Q>mB©n 2, Q>mB©n 4, dma§JmS>o, ~moB©ga nyd©, nmbKa, ‘hmamï´>-401501. withdraw the Open Offer (a) in the event that any of statutory or other approvals specified in this Part VI (other than such information as has been obtained from public sources or provided by or relating to and **(2) lr‘Vr ^maVr~oZ ‘wHo$e^mB© emh** (Statutory and Other Approvals) or those which become applicable prior to completion of the Open Offer confirmed by the Target Company and/or the Sellers) and undertake that they are aware of and will 4, 503 dmgwXod H$m°åßbo³g, goìhZ BboìhZ emioOdi, H$Z{H$¶m, ‘ram amoS> nyd©, of the Offer specified in this DPS are not satisfied for reasons outside the reasonable control of the are finally refused; or (b) if any of the conditions under the SPA, as set out in para 4 of Part II (Background 2. The information pertaining to the Target Company contained in the PA or DPS or any other comply with their obligations as laid down in the SEBI (SAST) Regulations in respect of this Open Offer. R>mUo, ‘hmamï´> - 401107. Acquirers and PAC. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the advertisement/publications made in connection with the Open Offer has been compiled from **VgoMoWo, âb°Q> H«$. 101, 1bm ‘Obm, S>r qdJ, Om°{bQ>r gm\$ë¶ {~pëS>§J H«$. 2, Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal information published or publicly available sources or as provided by the Target Company. The â¶wMa {gQ>r Q>mB©n 2, Q>mB©n 4, dma§JmS>o, ~moB©ga nyd©, nmbKa, ‘hmamï´>-401501. stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Acquirers, PACs and Manager to the Offer have not independently verified such information and do not VgoM `oWo, âb°Q> H«$. 001, S>r qdJ, Om°{bQ>r gm\$ë¶ {~pëS>§J H«$. 2, â¶wMa {gQ>r 4. Subject to the receipt of the statutory and other approvals, if any, the Acquirers shall complete payment of Regulations. Target Company.accept any responsibility with respect to any information provided in the PA or this DPS pertaining to the Q>mB©n 2, Q>mB©n 4, dma§JmS>o, ~moB©ga nyd©, nmbKa, ‘hmamï´>-401501. consideration within 10 (ten) Working Days from the closure of the Tendering Period to those Public 3. Legal Advisors to the Acquirers and PAC: g‘Ýg Shareholders whose documents are found valid and in order and are approved for acquisition by the Bathiya Legal Á¶mAWu, darb Z‘yX AmoE/526/2024 Zm‘Xma à~§YH$/nrR>m[gZ A{YH$mè¶m§g‘moa Acquirers and PAC. 909, Solaris One, N. S. Phadke Road, Near East - West Flyover, Andheri (East), 05/06/2025 amoOr gyMr~Õ Ho$bm hmoVm. 5. Where any statutory or other approval extends to some but not all of the Public Shareholders, the Mumbai – 400069, Maharashtra, India. Tel: +91 22 6133 8050 Á¶mAWu, Zm‘Xma Ý¶m¶m{YH$aUmZo H¥$nmd§V hmoD$Z é. 2877921.46/- À¶m Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer. 4. Pursuant to Regulation 12 of SEBI (SAST) Regulations, the Acquirers and PACs have appointed Vivro Financial Services Private Limited (SEBI Reg. No: MB/INM000010122), as the Manager to the Open H$Om©À¶m dgwbrgmR>r Vw‘À¶m{déÕ XmIb Ho$boë¶m A°³Q>À¶m H$b‘ 19 nmoQ> H$b‘ (4) 6. In case of delay in receipt of any statutory approval(s) becoming applicable prior to completion of the Offer as per the details below: A§VJ©V gXa AOm©da (Amo.E.) g‘Ýg/gyMZm Omar Ho$br. (OmoS>boë¶m XñVmdoOm§À¶m Offer, SEBI may, if satisfied that the delay in receipt of requisite approval was not due to any willful default Vivro Financial Services Private Limited àVtgh AO©). or neglect on the part of the Acquirers and PAC to diligently pursue the application for the approval, grant Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Centre, A°³Q>À¶m H$b‘ 19 À¶m nmoQ>-H$b‘ (4) Zwgma, Vwåhm à{VdmXtZm Imbrbà‘mUo {ZX}e extension of time to the Acquirers for payment of consideration to the Public Shareholders of the Target Paldi, Ahmedabad - 380007. Gujarat. India. XoÊ¶mV ¶oV AmhoV:Company who have accepted the Offer within such period, subject to the Acquirers agreeing to pay CIN: U67120GJ1996PTC029182; Tel No.: 079- 4040 4242; (i) {dZ§Vr Ho$boë¶m AZwVmofm§Zm ‘§Owar H$m XoD$ Z¶o Ë¶mMr g‘ÝgÀ¶m ~OmdUrÀ¶m Vrg interest for the delayed period as directed by SEBI in terms of Regulation 18(11) of the SEBI (SAST) Email: [email protected]; Website: www.vivro.net {Xdgm§V H$maUo XmI{dÊ¶mgmR>r; Regulations. Further, if delay occurs on account of willful default by the Acquirers and PAC in obtaining the requisite approvals, Regulation 17(9) of the SEBI (SAST) Regulations will also become applicable and the SEBI Reg. No. MB/INM000010122 Contact Person: Shivam Patel (ii) ‘yi AOm©À¶m AZw. H«$. 3E A§VJ©V AO©Xmam§Zr {d{Z{X©ï> Ho$boë¶m {‘iH$Vr Am{U Escrow Amount lying in the Escrow Account shall become liable to forfeiture. 5. The Acquirers and PAC have appointed MUFG Intime India Private Limited as the Registrar to the Offer, as ‘Îmm§ì¶{V[a³V AÝ¶ {‘iH$Vr Am{U ‘Îmm§Mo Vnerb Omhra H$aUo; VII. TENTATIVE SCHEDULE OF ACTIVITY: per details below: (iii) {‘iH$VtÀ¶m OßVrgmR>rÀ¶m AOm©darb gwZmdUr Am{U {ZH$mb àb§{~V Agë¶mZo Activity Day and Date MUFG INTIME INDIA PRIVATE LIMITED ‘yi AOm©À¶m AZw. H«$‘m§H$ 3E A§VJ©V Omhra Ho$boë¶m Aem AÝ¶ ‘Îmm Am{U Issue of Public Announcement Tuesday, January 06, 2026 Address: C-101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai {‘iH$VtMm Am{U VmaU ‘Îmm§Mm ì¶dhma H$aÊ¶mg qH$dm Ë¶m {ZH$mbr H$mT>Ê¶mg – 400 083, Maharashtra, India. Publication of this Detailed Public Statement in newspapers Tuesday, January 13, 2026 CIN: U67190MH1999PTC118368 Tel No.: +91 8108114949 Vwåhmbm ‘ÁOmd H$aÊ¶mV Ambm Amho. Last date of filing of draft LOF with SEBILast date for Public Announcement for comLast date for receiIdentified DateLast date for dispatch of the LOF to the Public Shareholderspt of comments from SEBI on the draft LOF peting offer WednesdaWednesdaMondaTuesday, January 20, 2026Mondayy,, February, Februar February, March 2yy 18, 2026 23y 4,,, 2026 2026 2026 6. This DPS and the PA shall also be available on SEBI’s website at www.sebi.gov.in and on the website of Manager to the Offer at www.vivro.net Email: Website:SEBI Reg. No. [email protected] www.in.mpms.mufg.com INR000004058 Contact Person : Pradnya Karanjekar (iv) AmhoV Ë¶m H$moUË¶mhr ‘Îmm§Mr Am{U/qH$dm ‘yi AOm©À¶m AZw. H«$‘m§H$ 3 E A§VJ©V Omhra qH$dm {d{Z{X©ï> Ho$boë¶m AÝ¶ ‘Îmm Am{U {‘iH$VtMo Ë¶m§À¶m ì¶dgm¶mÀ¶m gm‘mÝ¶ H$m‘H$mOmì¶{V[a³V {dH«$s, ^mS>onÅ>m qH$dm AÝ¶ àH$mao hñVm§VaU H$aUma ZmhrV. Vwåhr Ý¶m¶m{YH$aUmMr nyd© nadmZJr KoVë¶mIoarO Á¶mda VmaU {hVg§~§Y ~Zdbo Last date of publication by which a committee of independent directors Thursday, March 5, 2026 Issued by Manager to the Offer on behalf of the Acquirers and PAC (v) ì¶dgm¶mÀ¶m {Z¶{‘V H$m‘H$mOmÀ¶m AmoKm§V VmaU ‘Îmm qH$dm AÝ¶ ‘Îmm d of the Target Company is required to give its recommendation to the Public Shareholders of the Target Company for this Offer Sd/Sd/Sd/{‘iH$Vr ¶m§À¶m {dH«$sVyZ amoH$S> Pmboë¶m {dH«$s aH$‘oMm {hemo~ XoÊ¶mg Vwåhr ~m§Yrb Last date for uDate of publication of opening of Open Offer public announcement in pward revision of the Offer Price and/or the Offer Size Monday, March 9, 2026Friday, March 6, 2026 Maheshkumar Jatashankar Thanki (Acquirer 1) Bhargav Girjashankar Thanki (Acquirer 2) Bhavin Harihar Thanki(Acquirer 3) Agmb d Aer {dH«$s a³H$‘ Aem ‘Îmm§da VmaU {hVg§~§Y YmaU H$aUmè¶m ~±H$ qH$dm {dÎmr¶ g§ñWoH$S>o R>odboë¶m ImË¶m‘Ü¶o O‘m Ho$br nm{hOo. the newspaper in which DPS has been published Sd/Sd/Sd/Vwåhmbm 19/02/2026 amoOr Xþ. 12:15 dm . boIr {ZdoXZ gmXa H$ê$Z Ë¶mMr EH$ Date of commencement of Tendering Period (“Offer opening Date”) Tuesday, March 10, 2026 Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki àV AO©Xmam§Zm gmXa H$aÊ¶mMo d a{OñQ´>ma g‘moa hOa amhÊ¶mMo XoIrb {ZX}e XoÊ¶mV ¶oV Date of closure of Tendering Period “(Offer Closing Date”) Tuesday, March 24, 2026 (Acquirer 4) (Acquirer 5) (Acquirer 6) AmhoV, H$gya Ho$ë¶mg, Vw‘À¶m J¡ahOoarV AOm©da gwZmdUr hmoD$Z {ZH$mb {Xbm OmB©b. Last date of communicating of rejection/acceptance and payment of Friday, April 10, 2026 Sd/‘mÂ¶m hñVo Am{U øm Ý¶m¶m{YH$aUmÀ¶m {e³³¶mZo hçm {XZm§H$: 20/06/2025 amoOr consideration for accepted tenders/return of unaccepted shares Rawmin Mining And Industries Private Limited {Xbo. Last date for Last date of filing the final report to SEBIpublication of post Open Offer public announcement MondaMonday, April 20, 2026y, April 20, 2026 Date: January 12, 2026 (PAC) Place: Mumbai g‘Ýg Omar H$aÊ¶mH$arVm àm{YH¥$V A{YH$mam§Mr ñdmjar a{OñQ´>ma Q>rn: Oo bmJy Zmhr Vo ImoSy>Z Q>mH$m ‘w§~B©, S>r.Ama.Q>r. - I

==> picture [132 x 42] intentionally omitted <==

bmoZ H$bo³eZ Am{U dgwbr {d^mJ- ‘w§~B© {d^mJ Xr ’o$S>ab ~±H$ {b., bmoZ H$bo³eZ A°ÊS> [aH$ìhar {S>nmQ>©‘|Q> - ‘w§~B© {d^mJ, 134, 13 dm ‘Obm, Om°br ‘oH$a M|~g© H«$. II, Z[a‘Z nm°BªQ>, ‘w§~B©-400 021. B©-‘ob … [email protected], XÿaÜdZr H«$.… 022 22022548/22028427 grAm¶EZ: Eb65191Ho$Eb1931nrEbgr000368, do~gmB©Q>: www.federalbank.co.in {g³¶w[aQ>m¶PoeZ A°ÊS> [aH$ÝñQ´>³eZ Am°’$ ’$m¶ZmpÝe¶b A°goQ>g² A°ÊS> EÝ’$mog©‘|Q> Am°’$ {g³¶w[aQ>r B§Q>aoñQ> A°³Q>, 2002 ghdmMVm {g³¶w[aQ>r B§Q>aoñQ> (EÝ’$mog©‘|Q>) éëg, 2002 À¶m 8(6) À¶m VaVwXrÝd¶o ñWmda ‘ÎmoÀ¶m {dH«$sgmR>r {dH«$s gyMZm . gd©gm‘mÝ¶ OZVm Am{U {deofV: H$O©Xma Am{U h‘rXma ¶m§Zm gyMZm ¶mÛmao XoÊ¶mV ¶oVo H$s, Imbrb d{U©bobr ñWmda {‘iH$V hr Xr ’o$S>ab ~±H$ {b. (VmaU YZH$mo) H$S>o O§J‘JhmU/à^m[aV Amho, Xr ’o$S>ab ~±H$ {b. (VmaU YZH$mo) ¶m§Zm WH$sV 1. lr. CX¶Hw$‘ma OJXre ‘ohVm, gm¡. Hw§$VrXodr CX¶Hw$‘ma ‘ohVm Am{U lr. gwaOHw$‘ma CX¶Hw$‘ma ‘ohVm H$Sy>Z WH$sV 31/07/2025 amoOr à‘mUo é. 54,30,945.70 (én¶o Mm¡nÞ bmI Vrg hOma ZD$eo n§MoMmirg Am{U n¡go gÎma ‘mÌ) (gÝ‘mZZr¶ H$O© dgwbr Ý¶m¶m{YH$aU - 3, ‘w§~B©, Amo.E. H«$. 1340 gZ 2025 ¶m§À¶mg‘j gmXa Ho$boë¶m ‘yi AOm©Zwgma Xmdm Ho$bobr a¸$‘) gh dgwbrn¶ªV Xr ’o$S>ab ~±H$ {b{‘Q>oS> (VmaU YZH$mo) À¶m àË¶j H$ãOm à{YH¥$V A{YH$mè¶mZo KoVbm Amho ¶m§Zm WH$sV Ë¶mdarb nwT>rb ì¶mO, à^ma Am{U n[aì¶¶mÀ¶m dgwbrH$[aVm ""Oo Amho OoWo Amho'', ""Oo Amho Ogo Amho'' Am{U ""Oo H$mhr Amho VoWo Amho'' VÎdmZo 21.02.2026 amoOr {dH$Ê¶mV ¶oUma Amho. amIrd qH$‘V é. 32,80,000/- (én¶o ~Îmrg bmI E|er hOma ‘mÌ) amhrb Am{U Bgmam AZm‘V a¸$‘ é. 3,28,000/- (én¶o VrZ bmI AÇ>mdrg hOma ‘mÌ) amhrb.

‘moO‘m{nV 720 Mm¡.’y$., gwna {~ëQ> An joÌ, bmoT>m {dhma grEMEgEb Aem kmV {~pëS>¨J ‘Yrb qdJ E’$ À¶m 2am ‘Obm da, {Zdmgr âb°Q> H«$.202, ^mona amoS>, S>m|{~dbr (nyd©) ¶oWo pñWV gìh} H«$. 37/15, ‘moO‘m{nV 3590 Mm¡. ‘rQ>g© ¶oWo ‘m¡Oo ^mona, VmbwH$m H$ë¶mU, {Oëhm R>mUo Ë¶mgh Cn Zm|XUrH¥$V H$ë¶mU {Oëhm Am{U Zm|XUrH¥$V {Oëhm R>mUoÀ¶m J«m‘n§Mm¶VrÀ¶m hÔrV Mo Vo gd© ^mJ Am{U {d^mJ., Am{U gr‘m~Õ nyd©oH$S>o … ‘moH$ir O{‘Z, X{jUoH$S>o… B© qdJ, npíM‘oH$S>o… gmogm¶Q>r JmS>©Z Ûmao Am{U CÎmaoH$S>o… añVm Ûmao. {dH«$sÀ¶m Vnerbdma AQ>r Am{U eVvH$[aVm H¥$n¶m Xr ’o$S>ab ~±H$ {b. Mr do~gmB©Q> åhUOoM https://www.federalbank.co.in/web/guest/tender-notices ‘Ü¶o {Xboë¶m qbH$Mm g§X^© ¿¶mdm.

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UDAYAKALA-BENGALURU Tuesday, January 13, 2026

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5.12.

2. Joint Undertakings / Confirmations by the Acquirers and PAC

IN TERMS OF REGULATIONS 13(4), 14(3) AND 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AND SUBSEQUENT AMENDMENTS THEREOF (“SEBI (SAST) REGULATIONS”). OPEN OFFER FOR THE ACQUISITION OF UP TO 67,50,000 (SIXTY SEVEN LAKHS FIFTY THOUSAND) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF ?5/- (RUPEES FIVE ONLY) EACH (“EQUITY SHARES”) REPRESENTING 26% (TWENTY SIX PERCENTAGE) OF THE EQUITY SHARE CAPITAL (AS DEFINED BELOW) OF GLITTEK GRANITES LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) BY MAHESHKUMAR JATASHANKAR THANKI (“ACQUIRER 1”), BHARGAV GIRJASHANKAR THANKI (“ACQUIRER 2”), BHAVIN HARIHAR THANKI (“ACQUIRER 3”), KALPANA ASHWINKUMAR THANKI (“ACQUIRER 4”), HEMA BHARGAV THANKI (“ACQUIRER 5”) AND GAUTAM ASHWINKUMAR THANKI (“ACQUIRER 6”) (ACQUIRER 1 , ACQUIRER 2, ACQUIRER 3, ACQUIRER 4, ACQUIRER 5 AND ACQUIRER 6 ARE COLLECTIVELY REFERRED AS “ACQUIRERS” ) TOGETHER WITH RAWMIN MINING AND INDUSTRIES PRIVATE LIMITED (“PAC”) PURSUANT TO AND IN COMPLIANCE WITH REGULATION 3(1) AND 4 READ WITH OTHER APPLICABLE PROVISIONS OF SEBI (SAST) REGULATIONS (“OPEN OFFER” OR “OFFER”).

2.1. The Acquirers and PAC have not acquired any Equity Shares of the Target Company between the date of PA i.e., January 6, 2026 and the date of this DPS. 2.2. The Acquirers and PAC are not part of any group.

5.13.

As of the date of this DPS, there are no directors representing the Acquirers or PAC on the board of the Target Company.

2.3.

5.14. The Acquirers and PAC undertake that they will not sell the Equity Shares of the Target Company held by them during the Offer Period in terms of Regulation 25(4) of the SEBI (SAST) Regulations.

2.4.

2.5. As on the date of this DPS, the Acquirers and PAC do not hold any Equity Shares of the Target Company. 2.6. Upon consummation of the Underlying Transaction (contemplated under the SPA) and subject to compliance with SEBI (SAST) Regulations, the Acquirers and PAC will acquire the control over the Target Company and the Acquirers and PAC shall be classified as members of the promoter and promoter group of the Target Company, in accordance with the provisions of SEBI (LODR) Regulations.

As of the date of this DPS, Acquirers and PAC does not have any relationship with or interest in the Target Company except for the Underlying Transaction, as detailed in Section II (Background to the Offer), that has triggered this Open Offer. 5.15.

2.7.

As of the date of this DPS, the Acquirers and PAC are not prohibited by SEBI, from dealing in securities, in terms of directions issued by SEBI under Section 11B of the Securities and Exchange Board of India Act, 1992, as amended ( “SEBI Act” ) or any other regulations made under the SEBI Act. ( “SEBI Regulations” )

2.8.

2.9. The Acquirers and PAC are not categorized as a willful defaulter by any bank or financial institution or 5.16. consortium thereof, in accordance with the guidelines on willful defaulters issued by the Reserve Bank of India ( “RBI” ), in terms of Regulation 2(1)(ze) of the SEBI (SAST) Regulations. 2.10. The Acquirers and PAC are not categorized / declared as a fugitive economic offender under Section 12 of II. the Fugitive Economic Offenders Act, 2018 (17 of 2018), in terms of Regulation 2(1)(ja) of the SEBI 1. (SAST) Regulations.

For the purpose of this DPS, the following terms shall have the meanings assigned to them herein below:

3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	3. Information about the Sellers: 3.1. The details of the Sellers are as under:	2. 2.1. 2.2. a) b) c) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)	2. 2.1. 2.2. a) b) c) Name of the Stock Exchange where its shares are listed Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%) Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 14,98,735 (5.77%) 6,65,888 (2.57%) 12,03,387 (4.64%) 8,000 (0.03%) 1,29,75,000 (49.98%)
Sr. No	Name of the person / entity	Nature of the person / entity	Registered Office/ Residential Address	Name of the Stock Exchange where its shares are listed	Shareholding / Voting Rights before the Underlying Transaction No. of Shares(%)
1.	Manjula Agarwal	Individual	1145, 12th Main, 1st Cross, HAL 2nd Stage, Indiranagar, Bangalore 560038, Karnataka, India.	Not Applicable	14,98,735 (5.77%)
2.	Tushar Agarwal	Individual		Not Applicable	6,65,888 (2.57%)
3.	Ashoke Agarwal	Individual		Not Applicable	12,03,387 (4.64%)
4.	Ashoke Agarwal & Others HUF	HUF		Not Applicable	8,000 (0.03%)
5.	Kosen Ventures Private Limited	Company	Krishna Building, 224 AJC, Bose Road, FL-7, R No.711, Shakespeare Sarani, Kolkata - 700017, West Bengal, India	Not Applicable	1,29,75,000 (49.98%)

“Working Day” means any working day of the SEBI.

I. ACQUIRERS, PAC, SELLERS, TARGET COMPANY AND OFFER: 1. Information about the Acquirers and PAC: 1.1. Maheshkumar Jatashankar Thanki (“Acquirer-1”)

The salient features of the SPA are as follows:

The SPA sets forth the terms and conditions agreed between the Acquirers and the Sellers and their respective rights and obligations. The Acquirers have agreed to purchase and acquire the Sale Shares from the Sellers on the terms set out in the SPA, free and clear from all encumbrances and together with all rights, title and interest attached to them. The obligation of the Acquirers to consummate the acquisition of the Sale Shares under the SPA is conditional on certain conditions precedent being fulfilled (unless waived/deferred by the parties), which include among others, the following key conditions: Representations and warranties: All of the representations given by the Sellers under the SPA shall be true and accurate as of the closing date and no breach of the SPA having taken place. No Material Adverse Effect: No event (or series of events) having occurred which in the sole determination of the Acquirers has or is reasonably likely to have (or, with the passage of time, giving of notice, satisfaction of a condition or otherwise, may have) a material adverse effect.

1.1.1. Maheshkumar Jatashankar Thanki is son of Jatashankar Muljibhai Thanki and is an individual resident of India, aged 67 years and residing at Madhav Bhuvan, 2 Bhojeshwar Plot, Porbandar- 360575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from Gujarat University. He has an total experience of more than 45 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.
1.1.2. The net worth of the Acquirer-1 as on December 31, 2025 is ? 1644.92 Lakhs (Rupees One Thousand Six Hundred Forty Four Point Nine Two Lakhs Only) as certified vide certificate bearing unique document identification no. ( “UDIN” ) 26044687ZNLOAO2270 dated January 6, 2026 issued by CA Nirmal K. Khetan, (ICAI Membership No. 44687) Partner of JKJS & Co. LLP, Chartered Accountants (ICAI FRN: 121161W/W100195) having its office at F-99, Express Zone Mall, Western Express Highway, GoregaonEast, Mumbai - 400063, Maharashtra, India. Email ID: [email protected].

1.2. Bhargav Girjashankar Thanki (Acquirer-2)
1.2.1. Bhargav Girjashankar Thanki is son of Girjashankar Muljibhai Thanki and is an individual resident of India, aged 57 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor in Engineering (Polymer) from University of Pune and has an experience of more than 35 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

Note:

a) Sellers are not a part of any defined group.

1.2.2. The net worth of the Acquirer-2 as on December 31, 2025 is ? 1480.02 Lakhs (Rupees One Thousand Four Hundred Eighty Point Zero Two Lakhs Only) as certified vide certificate bearing UDIN 26044687PDRDNN2545 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

The Sellers are not prohibited by SEBI from dealing in securities, in terms of directions issued under Section 11B of the SEBI Act or under the SEBI Regulations.

3.3.
1.3. Bhavin Harihar Thanki (Acquirer-3)

4. Information about the Target Company

1.3.1. Bhavin Harihar Thanki is son of Harihar Mulji Thanki and is an individual resident of India, aged 53 years and residing at 2 Wadi Plots, Porbandar - 360 575, Gujarat, India. Email ID: [email protected]. He holds the qualification of Higher Secondary Certification and has an experience of more than 33 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

The Offer Price will be paid in cash through banking channels by the Acquirers, in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations.

1.3.2. The net worth of the Acquirer-3 as on December 31, 2025 is ? 1667.86 Lakhs (Rupees One Thousand Six Hundred Sixty Seven Point Eight Six Lakhs Only) as certified vide certificate bearing UDIN 26044687DHWSVV4887 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

4.2. The registered office of the Target Company is situated at Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India. Tel. No.: +91 III. 80 27971565 / 66; Email id. [email protected]; Website: http://www.glittek.com/.

SHAREHOLDING AND ACQUISITION DETAILS:

==> picture [592 x 256] intentionally omitted <==

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4.3. The Target Company is authorised to engage in the business of manufacturing, processing and trading of The current and proposed shareholding of the Acquirers and PAC in the Target Company and the details of
their acquisition are as follows:
granite slab and tiles.
4.4. The Equity Shares of the Target Company are listed on BSE Limited (“BSE”) (Scrip Code: GLITTEKG, Scrip Details Equity Equity Shares Equity Shares Equity Shares Post Offer
ID: 513528). The ISIN of the Equity Shares of the Target Company is INE741B01027. Shareholding agreed to be acquired proposed to be Shareholding
4.5. The authorized share capital of the Target Company is ? 14,00,00,000/- (Rupees Fourteen Crore Only) as on the PA acquired under between the acquired in the
comprising of 2,80,00,000 (Two Crore Eighty Lakhs) Equity Shares of face value of ? 5/- (Rupees Five date SPA(3) PA date and open offer
Only) each. The paid-up Equity Share Capital of the Target Company is ? 12,97,97,000/- (Rupees Twelve the DPS date
Crore Ninety Seven Lakhs Ninety Seven Thousand Only) comprising of 2,59,59,400 (Two Crore Fifty Nine Acquirer-1 No. Nil 40,87,753 Nil 16,87,502 57,75,255
Lakhs Fifty Nine Thousand Four Hundred) Equity Shares of face value of ? 5/- (Rupees Five Only) each. % 0.00 15.75 0.00 6.50% 22.25%
4.6. As per the shareholding pattern filed by the Target Company with the BSE for the quarter ended on Acquirer-2 No. Nil 33,63,963 Nil 13,88,706 47,52,669
December 31, 2025, the Target Company has disclosed that: (i) there are no partly paid-up Equity Shares; % 0.00 12.96 0.00 5.35 18.31%
(ii) it has not issued any convertible securities; (iii) it has not issued any warrants; (iv) there are no locked Acquirer-3 No. Nil 40,87,753 Nil 16,87,500 57,75,253
in Equity Shares of the Target Company; and (v) there are no equity share of the Target Company that are % 0.00 15.75 0.00 6.50 22.25
pledged or otherwise encumbered.
Acquirer-4 No. Nil 27,60,930 Nil 11,39,763 39,00,693
4.7. The Equity Shares of the Target Company are frequently traded on BSE in terms of Regulation 2(1)(j) of the % 0.00 10.64 0.00 4.39 15.03
SEBI (SAST) Regulations.
Acquirer-5 No. Nil 7,23,789 Nil 2,98,794 10,22,583
4.8. The key financial information of the Target Company as extracted from its unaudited limited reviewed
% 0.00 2.79 0.00 1.15 3.94
financial results for the six months period ended September 30, 2025 and audited financial statements as
Acquirer-6 No. Nil 13,26,822 Nil 5,47,737 18,74,559
on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as
set out below: % 0.00 5.11 0.00 2.11 7.22
(Amount in ? Lakhs) PAC No. Nil Nil Nil Nil Nil
% 0.00 0.00 0.00 0.00 0.00
Particulars For the six months period Financial year ended
ended September 30, 2025 March 31, 2025 March 31, 2024 March 31, 2025 1. Percentage is calculated as a percentage of the existing equity share capital of the Target Company.
Un-Audited Audited Audited Audited 2. While persons may be deemed to be acting in concert with the Acquirers and/or PACs in terms of
Total Revenue 95.06 3,329.91 705.90 1,383.43 Regulation 2(1)(q)(2) of the SEBI (SAST) Regulations ( “Deemed PACs” ), however, such Deemed PACs
Net Income (34.90) 685.86 (614.41) (77.89) are not acting in concert with the Acquirers and/or PACs for the purposes of this Open Offer, within the
EPS (? per share) (0.13) 2.64 (2.37) (0.30) meaning of Regulation 2(1)(q)(1) of the SEBI (SAST) Regulations
Net worth/ 950.98 985.88 300.02 914.43 IV. OFFER PRICE:
Shareholders’ funds 1. The Equity Shares of the Target Company are listed on BSE Limited (Scrip ID: GLETTEKG, Scrip Code:
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1.4. Kalpana Ashwinkumar Thanki (Acquirer-4)
1.4.1. Kalpana Ashwinkumar Thanki is spouse of Ashwinkumar Jatashankar Thanki and is an individual resident 4.4. of India, aged 66 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of 4.5. Homeopathy Medicine and Surgery from Karnataka Board of Homeopathic System of Medicine and has an experience of more than 41 years in the field of Homeopathy Medicine and Health Care.
1.4.2. The net worth of the Acquirer-4 as on December 31, 2025 is ? 826.51 Lakhs (Rupees Eight Hundred Twenty Six Point Five One Lakhs Only) as certified vide certificate bearing UDIN 26044687HNOLPI1334 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
1.5. Hema Bhargav Thanki (Acquirer-5)
1.5.1. Hema Bhargav Thanki is spouse of Bhargav Girjashankar Thanki and is an individual resident of India, aged 49 years and residing at 2/12 Nanik Nivas, Bhula Bhai Desai Road, Breach Candy, Mumbai – 400026, Maharashtra, India. Email ID: [email protected]. She holds the qualification of Bachelor of Arts in Psychology from University of Mumbai and has an experience of more than 10 years in the field of Corporate Environment Responsibility (CER) as well as Human Resources.
4.8.
1.5.2. The net worth of the Acquirer-5 as on December 31, 2025 is ? 1237.01 Lakhs (Rupees One Thousand Two Hundred Thirty Seven Point Zero One Lakhs Only) as certified vide certificate bearing UDIN 26044687NXVHBK7576 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).
1.6. Gautam Ashwinkumar Thanki (Acquirer-6)
1.6.1. Gautam Ashwinkumar Thanki is son of Ashwinkumar Jatashankar Thanki and is an individual resident of India, aged 38 years and residing at 20 Hanuman Sharan, Bomanji Pet Road, Mumbai - 400 036, Maharashtra, India. Email ID: [email protected]. He holds the qualification of Bachelor of Commerce from University of Pune and has an experience of more than 15 years in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals.

1.6.2. The net worth of the Acquirer-6 as on December 31, 2025 is ? 682.85 Lakhs (Rupees Six Hundred Eighty Two Point Eight Five Lakhs Only) as certified vide certificate bearing UDIN 26044687FZPRMD3880 dated January 6, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

Notes: 1) Not Annualised

1.7. Rawmin Mining And Industries Private Limited (“PAC”)
1.7.1. Rawmin Mining And Industries Private Limited Limited is a private limited company incorporated on January 29, 1999, under the Companies Act, 1956 pursuant to a certificate of incorporation dated January 29, 1999 issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli (the “RoC’ ).

1.7.2. The registered office of the PAC is situated at 94 - A, Mittal Court 224, Nariman Point, Mumbai- 400021, Maharashtra, India and its corporate identification number is U26999MH1999PTC168380. The contact details of the PAC are as follows: Mobile No.: (+91) 9987010066 and email ID: [email protected].

Stock Exchange Total no. of Equity Shares traded during Total no. of listed Trading turnover the twelve calendar months preceding Equity Shares (as % of total the calendar month in which the PA is Equity Shares made listed) BSE 61,40,438 2,59,59,400 23.65% (Source: www.bseindia.com) Based on the above information, the Equity Shares of the Target Company are frequently traded on the BSE in terms of Regulation 2(1)(j) of the SEBI (SAST) Regulations. The Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is justified in terms of Regulations 8(1) and 8(2) of the SEBI (SAST) Regulations, being the highest of the following: Sr. Particulars Price No. (in ? per Equity Share) A Highest negotiated price under the SPA 12.65 B The volume-weighted average price paid or payable for acquisitions by the N.A. Acquirers / PAC, during 52 weeks immediately preceding the date of the PA; C Highest price paid or payable for any acquisition by the Acquirers / PAC, N.A. during 26 weeks immediately preceding the date of the PA; D The volume-weighted average market price of shares for a period of 60 12.39 trading days immediately preceding the date of PA as traded on the stock exchange where the maximum volume of trading in the shares of the Target Company are recorded during such period; E The price determined taking into account valuation parameters; N.A. F the per share value computed under sub-regulation (5), if applicable Not Applicable(1)

Details of the Offer

1.7.3. PAC is engaged in the business of mining of Metallurgical Grade Bauxite, Cement Grade Bauxite and Iron Ore, predominantly in the state of Gujarat, Maharashtra and Goa.

5.1.
1.7.4. Equity Shares of the PAC are currently not listed on any stock exchange in India or abroad.

1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. Sr. No 1 2 3 4 5 6 Name Category Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter No. of equity shares held in PAC % 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. Sr. No 1 2 3 4 5 6 Name Category Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter No. of equity shares held in PAC % 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. Sr. No 1 2 3 4 5 6 Name Category Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter No. of equity shares held in PAC % 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. Sr. No 1 2 3 4 5 6 Name Category Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter No. of equity shares held in PAC % 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00	1.7.5. As on the date of this DPS, the details of persons who are shareholders / promoters of the PAC along with their shareholding in the PAC are as follows: 5.2. 5.3. Sr. No 1 2 3 4 5 6 Name Category Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki Total Promoter Promoter Promoter Promoter Promoter Promoter No. of equity shares held in PAC % 49,05,036 40,36,536 49,05,036 33,12,936 8,68,500 15,92,100 1,96,20,144 25.00 20.57 25.00 16.89 4.43 8.11 100.00
Sr. No	Name	Category	No. of equity shares held in PAC	%
1	Maheshkumar Jatashankar Thanki	Promoter	49,05,036	25.00
2	Bhargav Girjashankar Thanki	Promoter	40,36,536	20.57
3	Bhavin Harihar Thanki	Promoter	49,05,036	25.00
4	Kalpana Ashwinkumar Thanki	Promoter	33,12,936	16.89
5	Hema Bhargav Thanki	Promoter	8,68,500	4.43
6	Gautam Ashwinkumar Thanki	Promoter	15,92,100	8.11
	Total		1,96,20,144	100.00

(Source: www.bseindia.com)

This Open Offer is being made by the Acquirers and PAC to the Public Shareholders to acquire up to 3. 67,50,000 Equity Shares (“Offer Shares”) representing 26% of Equity Share Capital the Target Company at a price of ? 12.65/- (Rupees Twelve and Paise Sixty Five only) per Equity Share (“Offer Price”) payable 4. in cash, from the Public Shareholders of the Target Company, aggregating to a total consideration of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven Thousand Five Hundred Only) (assuming full acceptance) (“Offer Size”), payable in cash in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations and subject to the terms and conditions as set out in PA, DPS and Letter of Offer (“LOF”).

1.7.6. As on the date of this DPS, the directors on the board of PAC are Maheshkumar Jatashankar Thanki, Managing Director (DIN: 00045946), Bhargav Girjashankar Thanki, Whole-time Director (DIN: 5.4. 00046364) and Bhavin Harihar Thanki, Whole-time Director (DIN: 00046393).

1.7.7. The key financial information of the PAC as extracted from its unaudited financial results for the six months period ended September 30, 2025 and audited financial statements as on and for the financial years ended on March 31, 2025, March 31, 2024, and March 31, 2023 and, is as set out below:


Particulars	For the nine months period ended December 31, 2025	Financialyear ended
		March 31, 2025	March 31, 2024	March 31, 2023
	Un-Audited	Audited	Un-Audited	Audited
Total Revenue	2,603.65	6,693.04	2,565.51	5,692.15
Net Income	90.72	154.67	64.49	67.97
EPS (? pershare)	0.46	0.79	0.33	0.35
Net worth/ Shareholders’ funds	3,677.21	3,586.49	3,431.82	3,367.33

Note 1: Not Applicable since the acquisition is not an indirect acquisition. 5. The fair value of Equity Shares of the Target Company is ? 12.65 per Equity Share (Rupees Twelve Paise Sixty Five Only) as certified by CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687WKECRG5241 dated January 6, 2026, having office at F-99, Express Zone Mall, Western Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected]. 6. In view of the parameters considered and presented in the aforesaid table, the minimum offer price per Equity Share under Regulation 8(2) of the SEBI (SAST) Regulations is the highest of item numbers A to F above i.e., ? 12.65 per Equity Share. Accordingly, the Offer Price of ? 12.65/- (Rupees Twelve Paise Sixty Five Only) is justified in terms of the SEBI (SAST) Regulations. 7. Since the date of the PA and as on the date of this DPS, there have been no corporate actions in the Target Company warranting adjustment of relevant price parameters under Regulation 8(9) of the SEBI (SAST) Regulations. The Offer Price may be adjusted in the event of any corporate actions like bonus, rights issues, stock split, consolidation, etc. where the record date for effecting such corporate actions falls prior to 3 Working Days before the commencement of the Tendering Period of the Offer, in accordance with Regulation 8(9) of the SEBI (SAST) Regulations.

This Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19(1) of the SEBI (SAST) Regulations.

The Acquirers and PAC intend to retain the listing status of the Target Company and no delisting offer is proposed to be made.

5.9.
1.7.8. The net worth of the PAC as on December 31, 2025 is ? 3677.21 Lakhs (Rupees Three Thousand Six Hundred Seventy Seven Point Twenty One Lakhs Only) as certified vide certificate bearing UDIN 26A44687OVHO DP3975 dated January 12, 2026 issued by CA Nirmal K. Khetan, (having details as stated in para 1.1.2 of Part I).

5.10.
1.7.9. The relationship between the Acquirers and PAC are as follows:

Name of Acquirers and PAC	Relationship between Acquirers and PAC	y pp q p p . 5.11. In terms of Regulation 23 of the SEBI (SAST) Regulations, in the event, for reasons outside the reasonable control of the Acquirers and PAC, the approvals specified in this DPS as set out in Part VI (Statutory and Other Approvals) below or those which become applicable prior to completion of the Open Offer are not received, then the Acquirers and PAC shall have the right to withdraw the Open Offer. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in Regulation 8(9) of the SEBI (SAST) Regulations. 8. In the event of further acquisition of Equity Shares of the Target Company by the Acquirers and PAC during the Offer Period, whether by subscription or purchase, at a price higher than the Offer Price, then the Offer Price will be revised upwards to be equal to or more than the highest price paid for such acquisition in terms of Regulation 8(8) of the SEBI (SAST) Regulations. However, Acquirers and PAC shall not acquire
Maheshkumar Jatashankar Thanki	Promoter,shareholder and ManagingDirector
Bhargav Girjashankar Thanki	Promoter,shareholder and Whole time Director
Bhavin Harihar Thanki	Promoter,shareholder and Whole time Director
KalpanaAshwinkumar Thanki	Promoterand shareholder
Hema Bhargav Thanki	Promoter and shareholder

Gautam Ashwinkumar Thanki	Promoter and shareholder

kempalinganahalli, Nelamangala Taluk, Bengaluru rural district, Bengaluru - 562 123 Cell: 9742623551 Editor: K.N.Puttalingaiah

¸æíWÜÙÜãÃÜá ÊÜáíWÜÙÜÊÝÃÜ, g®ÜÊÜÄ 13, 2026

UDAYAKALA-BENGALURU Tuesday, January 13, 2026

E¨Ü¿áPÝÆ

If the Acquirers and PAC acquire Equity Shares of the Target Company during the period of twenty-six weeks after the Tendering Period at a price higher than the Offer Price, then the Acquirers and PAC shall pay the difference between the highest acquisition price and the Offer Price, to all Public Shareholders whose Equity Shares have been accepted in the Offer within 60 (sixty) days from the date of such acquisition. However, no such difference shall be paid in the event that such acquisition is made under another open offer under the SEBI (SAST) Regulations, or pursuant to SEBI Delisting Regulations, or open market purchases made in the ordinary course on the Stock Exchange, not being negotiated acquisition of Equity Shares of the Target Company in any form.

PROCEDURE FOR TENDERING THE EQUITY SHARES IN CASE OF NON RECIEPT OF LETTER OF OFFER:

VIII.

All the Public Shareholders of the Target Company, whether holding the Equity Shares in physical form or dematerialized form are eligible to participate in this Offer at any time during the period from Offer opening date and offer Closing date ( “Tendering Period” ) for this Open Offer.
The Acquirers are permitted to revise the Offer Price upward at any time up to 1 (one) Working Day prior to the commencement of the Tendering Period of this Offer in accordance with Regulation 18(4) of the SEBI (SAST) Regulations. In the event of such upward revision in the Offer Price, the Acquirers shall make further deposits into the Escrow Account, make a public announcement in the same newspapers where the original DPS has been published and simultaneously inform SEBI, BSE and Target Company at its registered office of such revision.

Persons who have acquired Equity Shares but whose names do not appear in the register of members of the Target Company on the Identified Date or unregistered owners or those who have acquired Equity Shares after the Identified Date or those who have not received the LOF, may also participate in this Open Offer. Accidental omission to send the LOF to any person to whom the Offer is made or the non-receipt or delayed receipt of the LOF by any such person will not invalidate the Offer in any way.

As on date, there is no revision in Offer Price or Offer Size. In case of any revision in the Offer Price or Offer Size, the Acquirers shall comply with Regulation 18 of SEBI (SAST) Regulations and all other applicable provisions of SEBI (SAST) Regulations which are required to be fulfilled for the said revision in the Offer Price or Offer Size.

V. FINANCIAL ARRANGEMENTS:

The total fund requirement for implementation of the Open Offer (assuming full acceptances) i.e. for the 4. acquisition of up to 67,50,000 (Sixty Seven Lakhs Fifty Thousand) Equity Shares from all the Public Shareholders of the Target Company at an Offer Price of ? 12.65/- (Rupees Twelve and Paise Sixty Five Only) per Equity Share is of ? 8,53,87,500/- (Rupees Eight Crore Fifty Three Lakhs Eighty Seven Thousand Five Hundred Only) ( “Maximum Consideration” ). 5.

In accordance with Regulation 17 of SEBI (SAST) Regulations, the Acquirers and Manager to the Offer have entered into an escrow agreement with ICICI Bank Limited ( “Escrow Agent” ) on January 7, 2026 ( “Escrow Agreement” ) and have opened an escrow account under the name and style of “Thanki Bhargav Girjashankar -GGL Open Offer Escrow Account” ( “Escrow Account” ) with the Escrow Agent. In 6. accordance with the requirements of Regulation 17 of the SEBI (SAST) Regulations, the Acquirers have 7. deposited in cash, through banking channels, an aggregate of ? 2,13,50,001/- (Rupees Two Crore Thirteen Lakhs Fifty Thousand One Only) ( “Escrow Amount” ) in the Escrow Account which is more than 25 % of the total consideration payable in the Offer, assuming full acceptance. In terms of the Escrow Agreement, the Manager to the Offer has been authorized by the Acquirers to operate the Escrow Account in accordance with the SEBI (SAST) Regulations. The deposit of the Escrow Amount has been confirmed by the Escrow Agent by way of a confirmation letter dated January 8, 2026.

Name: Pravin Ratilal Share and Stock Brokers Limited

Address: Sakar-1, 5th Floor, Opp Gandhigram Railway Station, Navrangpura, Ahmedabad - 380009

The Acquirers have authorized the Manager to the Offer to operate the Escrow Account and realize the value of the Escrow Amount in terms of the SEBI (SAST) Regulations.

SEBI Reg. No: INZ000206732

Tel No.: 079-26553758 Email : [email protected] Website: http://www.prssb.com/

The Acquirers have confirmed that they have adequate financial resources to meet the obligations under the Open Offer and have made firm financial arrangements for fulfilling the payment obligations under this Open Offer in terms of Regulation 25(1) of the SEBI (SAST) Regulations and the Acquirers are able to implement this Open Offer.

Contact Person: Neha Jain

After considering the aforementioned, CA Nirmal K. Khetan having ICAI Membership No. 44687, Partner of JKJS & Co. LLP, Chartered Accountants (FRN: 121161W/W100195) vide certificate bearing UDIN 26044687CVVZJH6791 dated January 6, 2026, having office at F-99, Express Zone Mall, Western 9. Express Highway, Goregaon- East, Mumbai- 400063 ; Email: [email protected] have certified that the Acquirers and PAC, have made firm financial arrangements to meet their financial obligations under the Open Offer.

A separate acquisition window will be provided by the BSE to facilitate placing of sell orders. The Selling Broker can enter orders for dematerialized as well as physical Equity Shares.

Based on the above and in the light of the escrow arrangements, the Manager to the Offer is satisfied (a) about the adequacy of resources to meet the financial requirements for the Open Offer and the ability of the Acquirers and PAC to implement the Open Offer in accordance with the SEBI (SAST) Regulations, (b) that firm arrangements for payment through verifiable means have been put in place by the Acquirers to fulfill their obligations in relation to the Offer in accordance with the SEBI (SAST) Regulations. 11.

The cumulative quantity tendered shall be displayed on the BSE website (www.bseindia.com) throughout the trading session at specific intervals during the Tendering Period.

In case of upward revision in the Offer Price and/ or the Offer Size, the corresponding increase to the Escrow Amount as mentioned above shall be made by the Acquirers to ensure compliance with 12. Regulation 18(5) of the SEBI (SAST) Regulations.

VI. STATUTORY AND OTHER APPROVALS:

As on the date of this DPS, there are no statutory or other approvals required to acquire the Offer Shares that may be validly tendered pursuant to this Offer and/or to complete the Underlying Transaction. However, if any statutory or other approval(s) becomes applicable prior to the completion of the Offer, the Offer would also be subject to such statutory or other approval(s) being obtained and the Acquirers and PAC shall make necessary applications for such approvals
If the holders of the Equity Shares who are not persons resident in India (including NRIs, OCBs and FIIs) 13. had required any approvals (including from the RBI, the FIPB or any other regulatory body) in respect of the Equity Shares held by them, they will be required to submit such previous approvals, that they would IX. have obtained for holding the Equity Shares, to tender the Equity Shares held by them in this Offer, along with the other documents required to be tendered to accept this Offer. In the event such approvals are not submitted, the Acquirers and PAC reserve the right to reject such Equity Shares tendered in this Offer. X. 3. In terms of Regulation 23 of the SEBI (SAST) Regulations, the Acquirers and PAC shall have the right to 1. withdraw the Open Offer (a) in the event that any of statutory or other approvals specified in this Part VI (Statutory and Other Approvals) or those which become applicable prior to completion of the Open Offer are finally refused; or (b) if any of the conditions under the SPA, as set out in para 4 of Part II (Background of the Offer specified in this DPS are not satisfied for reasons outside the reasonable control of the 2. Acquirers and PAC. In the event of such a withdrawal of the Open Offer, the Acquirers and PAC (through the Manager) shall, within 2 Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations.

The process of tendering Equity Shares by the Equity Shareholders holding in demat and physical Equity Shares will be separately enumerated in the LOF. THE DETAILED PROCEDURE FOR TENDERING THE EQUITY SHARES IN THE OFFER WILL BE AVAILABLE IN THE LETTER OF OFFER THAT WOULD BE DISPATCHED TO THE EQUITY SHAREHOLDERS OF THE TARGET COMPANY AS ON THE IDENTIFIED DATE.

OTHER INFORMATION:

The Acquirers and PAC accept full responsibility for the information contained in the PA and this DPS (other than such information as has been obtained from public sources or provided by or relating to and confirmed by the Target Company and/or the Sellers) and undertake that they are aware of and will comply with their obligations as laid down in the SEBI (SAST) Regulations in respect of this Open Offer. The information pertaining to the Target Company contained in the PA or DPS or any other advertisement/publications made in connection with the Open Offer has been compiled from information published or publicly available sources or as provided by the Target Company. The Acquirers, PACs and Manager to the Offer have not independently verified such information and do not accept any responsibility with respect to any information provided in the PA or this DPS pertaining to the Target Company.

Subject to the receipt of the statutory and other approvals, if any, the Acquirers shall complete payment of consideration within 10 (ten) Working Days from the closure of the Tendering Period to those Public 3. Shareholders whose documents are found valid and in order and are approved for acquisition by the Acquirers and PAC.

Legal Advisors to the Acquirers and PAC:

Bathiya Legal

909, Solaris One, N. S. Phadke Road, Near East - West Flyover, Andheri (East),

Mumbai – 400069, Maharashtra, India. Tel: +91 22 6133 8050

Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirers shall have the option to make payment to such Public Shareholders in respect of whom no 4. statutory or other approvals are required in order to complete this Open Offer.

In case of delay in receipt of any statutory approval(s) becoming applicable prior to completion of the Offer, SEBI may, if satisfied that the delay in receipt of requisite approval was not due to any willful default or neglect on the part of the Acquirers and PAC to diligently pursue the application for the approval, grant extension of time to the Acquirers for payment of consideration to the Public Shareholders of the Target Company who have accepted the Offer within such period, subject to the Acquirers agreeing to pay interest for the delayed period as directed by SEBI in terms of Regulation 18(11) of the SEBI (SAST) Regulations. Further, if delay occurs on account of willful default by the Acquirers and PAC in obtaining the requisite approvals, Regulation 17(9) of the SEBI (SAST) Regulations will also become applicable and the Escrow Amount lying in the Escrow Account shall become liable to forfeiture. 5.

Vivro Financial Services Private Limited

Address: Vivro House, 11 Shashi Colony, Opp. Suvidha Shopping Centre, Paldi, Ahmedabad - 380007. Gujarat. India.

CIN: U67120GJ1996PTC029182; Tel No.: 079- 4040 4242; Email: [email protected]; Website: www.vivro.net SEBI Reg. No. MB/INM000010122 Contact Person: Shivam Patel

The Acquirers and PAC have appointed MUFG Intime India Private Limited as the Registrar to the Offer, as per details below:

VII. TENTATIVE SCHEDULE OF ACTIVITY:

Activity	Day and Date	6. Is M
Issue of Public Announcement	Tuesday,January06,2026
Publication of this Detailed Public Statement in newspapers	Tuesday,January13,2026
Last date of filing of draft LOF with SEBI	Tuesday, January 20, 2026
Last date for Public Announcement for competingoffer	Wednesday,February4,2026
Last date for receipt of comments from SEBI on the draft LOF	Wednesday, February18, 2026
Identified Date*	Monday,February23,2026
Last date for dispatch of the LOF to the Public Shareholders	Monday,March 2,2026
Last date of publication by which a committee of independent directors of the Target Company is required to give its recommendation to the Public Shareholders of the Target Companyfor this Offer	Thursday, March 5, 2026
Last date for upward revision of the Offer Price and/or the Offer Size	Friday, March 6, 2026
Date of publication of opening of Open Offer public announcement in the newspaper in which DPS has beenpublished	Monday, March 9, 2026
Date of commencement of TenderingPeriod(“Offer openingDate”)	Tuesday, March 10, 2026
Date of closure of TenderingPeriod “(Offer ClosingDate”)	Tuesday,March 24,2026
Last date of communicating of rejection/acceptance and payment of consideration for accepted tenders/return of unaccepted shares	Friday, April 10, 2026
Last date forpublication ofpost Open Offerpublic announcement	Monday,April 20,2026
Last date of filing the final report to SEBI	Monday, April 20, 2026

MUFG INTIME INDIA PRIVATE LIMITED

==> picture [69 x 18] intentionally omitted <==

SEBI Reg. No. INR000004058 Contact Person : Pradnya Karanjekar

This DPS and the PA shall also be available on SEBI’s website at www.sebi.gov.in and on the website of Manager to the Offer at www.vivro.net

Issued by Manager to the Offer on behalf of the Acquirers and PAC Sd/Sd/Sd/Maheshkumar Jatashankar Thanki Bhargav Girjashankar Thanki Bhavin Harihar Thanki (Acquirer 1) (Acquirer 2) (Acquirer 3) Sd/Sd/Sd/Kalpana Ashwinkumar Thanki Hema Bhargav Thanki Gautam Ashwinkumar Thanki (Acquirer 4) (Acquirer 5) (Acquirer 6) Sd/Rawmin Mining And Industries Private Limited (PAC)

Date: January 12, 2026 Place: Mumbai

==> picture [290 x 160] intentionally omitted <==

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UÁæªÀÄ ¯ÉPÁÌ¢üPÁjUÀ¼ÀÄºÀtPÀqÀ§ÆgÀÄ ªÀÈvÀÛ, PÉÆÃrºÀ½î ºÉÆÃ§½, PÀ£ÀPÀ¥ÀÅgÀ vÁ®ÆèPÀÄ, ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè.vÀºÀ²Ã¯ÁÝgï, «gÀÄzÀÞ PÀ£ÀPÀ¥ÀÅgÀ, ¨ÉAUÀ¼ÀÆgÀÄ f¯Éè -562117.1. ºÁgÉÆÃºÀ½î -562117. 2 UÁæªÀÄ ¯ÉPÁÌ¢üPÁj, zÉÆqÀØªÀÄÄzÀªÁr ªÀÈvÀÛ, ºÁgÉÆÃºÀ½î ºÉÆÃ§½ ªÀÄvÀÄÛ vÁ®ÆèPÀÄ, ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè-562117.vÀºÀ²¯ÁÝgï,ºÁgÉÆÃºÀ½î :«gÀÄzÀÞ: ...JzÀÄgÀÄzÁgÀgÀÄ...CfðzÁgÀgÀÄ vÁ®ÆèPÀÄ, ªÀÄvÀÄÛ EvÀgÀgÀÄ ¥Àæw CfðzÁgÀgÀÄ £ÉÆAzÀtÂ C¢üPÁjUÀ¼ÀÄ, ºÁgÉÆÃºÀ½î vÁ®ÆèPÀÄ, ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè. 2. UÁæªÀÄ ¯ÉPÁÌ¢üPÁjUÀ¼ÀÄ, zÉÆqÀØPÀÄgÀÄ§gÀºÀ½î UÁæªÀÄ. ºÁgÉÆÃºÀ½î ºÉÆÃ§½, ºÁgÉÆÃºÀ½î vÁ®ÆèPÀÄ, gÁªÀÄ£ÀUÀgÀ f¯Éè. ºÁ° ¨ÉAUÀ¼ÀÆgÀÄ : 1. d£À£À ªÀÄvÀÄÛ ªÀÄgÀt vÀºÀ²Ã¯ÁÝgï, «gÀÄzÀÞ ºÁgÉÆÃºÀ½î, parcel for Property bearing Municipal New SCHEDULE PROPERTY : received without written evidence within 7 Days from the date of publication of this notice there after will not be entertained. hereby notied that if anyone having any adverse written evidence. please note that claims advised to place their claim with appropriate claim in respect of the said property hereby schedule property member of the public are 16-22-2021, my client further states that any disputes his ownership or possession of the Document No.GNR-1-03127-2021-22, dated: Sri.Sundar Rao S, Taj and Mr.Abul Khadir, Registered Sale Deed Patel Muniyappa Layout, Vishwanath limited by the present property owner. Mrs.Nasreen Public are hereby informed that my client 560032, My client are willing to purchase the property by availing a loan with Piramal Finance Nagenahalli, Bangalore, Bangalore Karnataka-PUBLIC NOTICE residing at #112, 6th Cross All that piece and 25445-2022-23, dated: 23-03-2023, my client claims received without written evidence within appropriate written evidence. please note that property hereby advised to place their claim with the public are hereby notied that if anyone having any adverse claim in respect of the said Registered Sale Deed Document No.TMK-1-possession of the schedule property member of further states that any disputes his ownership or Smt.Anil R D/O Rangegowda, property owner Mr.Rajanna.S S/O Srinivasaiah, Nagavalli, Nagavalli hebbur, Madhugiri, loan with Piramal Finance limited by the present Tumakuru, Karnataka-572120, My client are willing to purchase the property by availing a Public are hereby informed that my client PUBLIC NOTICE residing at #01, ¨ÉAUÀ¼ÀÆgÀÄ. 4. ²æÃ.ªÉÄÃPÁ¥Àw «PÀæªÀiï gÉrØ ©£ï ²æÃ, JªÀiï. gÁdªÉÆÃºÀ£ï gÉrØ, ªÀAiÀÄ¸ÀÄì 48 ªÀμÀð. ªÁ¸À: gÀÄzÁæQë¥ÀÅgÀ UÁæªÀÄ, DvÀUÀÆgÀÄ ºÉÆÃ§½, ªÀÄzÀÆÝgÀÄ vÁ®ÆèPÀÄ, ªÀÄAqÀå f¯Éè-571429.F ¥ÀæPÀgÀtzÀ ªÉÄÃ®ä£À«zÁgÀgÀÄ ªÉÄÃ®ä£À«AiÀÄ£ÀÄß ¥ÀæwCfðzÁgÀgÀ «gÀÄzÀÞ ªÀÄvÀÄÛ vÀºÀ²Ã¯ÁÝgÀgÀÄ ZÀ£Àß¥ÀlÖt vÁ®ÆèPÀÄ, gÀªÀgÀ «gÀÄzÀÞ ªÉÄÃ®ä£À«AiÀÄ£ÀÄß zÁR°¹zÀÄÝ, ¸ÀzÀj ªÉÄÃ®ä£À«AiÀÄÄ (gÁªÀÄ£ÀUÀgÀ f¯Éè) ºÁ° ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè, ZÀ£Àß¥ÀlÖt vÁ®ÆèPÀÄ, PÀ¸À¨Á ºÉÆÃ§½, PÀ£ÀßªÀÄAUÀ® UÁæªÀÄzÀ ¸ÀªÉð £ÀA§gï 148 gÀ°è 3 JPÀgÉ d«ÄÃ¤UÉ ¸ÀA§A¢¹zÀAvÉ PÀ£ÁðlPÀ ¥Àj²μÀÖ eÁw / ¥ÀAUÀqÀUÀ¼À (PÉ®ªÀÅ d«ÄÃ£ÀÄUÀ¼À ¥ÀgÀ¨sÁgÉ ¤μÉÃzÀ) PÁ¬ÄzÉ 1978 PÀ®A 4(2) £ÀÄß G®èAX¹ ¥ÀgÀ¨ÁgÉAiÀiÁVgÀÄªÀ §UÉÎ ¸ÀzÀj ªÉÄÃ®ä£À«AiÀÄ£ÀÄß ¸À°è¸À¯ÁVgÀÄvÀÛzÉ. ¸ÀzÀj ¥ÀæPÀgÀtzÀ°è vÀªÀÄä ºÁdgÁwUÁV ¥ÀæPÀgÀtªÀÅ ¢£ÁAPÀ : 23/01/2026 gÀAzÀÄ ªÀÄzsÁåºÀß 3-00 UÀAmÉAiÀÄ°è £ÁåAiÀiÁ®AiÀÄPÉÌ ºÁdgÁUÀ°Ã CxÀªÁ ªÀQÃ®gÀ : ¥ÀwæPÁ ¥ÀæPÀluÉUÁV : w½AiÀÄ¥Àr¸ÀÄªÀÅzÉÃ£ÉAzÀgÉ, 1£ÉÃ CfðzÁgÀgÀ UÀAqÀ ªÀÄvÀÄÛ 2 & 3£ÉÃ CfðzÁgÀgÀ vÀAzÉ PÀÈμÀÚ¥Àà ©£ï ¯ÉÃmï ªÉAPÀl¥Àà @ ªÉAPÀl¨ÉÆÃ« gÀªÀgÀÄ ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè, PÀ£ÀPÀ¥ÀÅgÀ vÁ®ÆèPÀÄ, ºÀÄ°¨É¯É UÁæªÀÄzÀ°è ¢£ÁAPÀ 11/06/2019 gÀAzÀÄ ªÀÄgÀt ºÉÆA¢zÀÄÝ EªÀgÀ ªÀÄgÀt ¥ÀæªÀiÁt ¥ÀvÀæªÀ£ÀÄß ¤ÃqÀÄªÀAvÉ JzÀÄgÀÄzÁgÀjUÉ ¤zÉð±À£À ¤ÃqÀÄªÀAvÉ PÉÆÃj F ¥ÀæPÀgÀtªÀ£ÀÄß ¸À°è¹zÀÄÝ EªÀgÀ ªÀÄgÀt ¢£ÁAPÀzÀ §UÉÎ AiÀiÁgÁzÀgÀÄ vÀPÀgÁgÀÄ EzÀÝgÉ RÄzÁÝV CxÀªÁ C¢üPÁgÀ PÉÆlÖ ªÀÄÄSÁAvÀgÀªÁUÀ° £ÁåAiÀiÁ®AiÀÄ ¤UÀ¢ ¥Àr¹zÀ ¢£ÁAPÀzÀAzÀÄ CAzÀgÉ 03-03-2026 gÀ ¨É½UÉÎ ¸ÀjAiÀiÁV 11-00 UÀAmÉUÉ £ÁåAiÀiÁ®AiÀÄzÀ ªÀÄÄAzÀ ºÁdgÁV vÀPÁgÀgÀÄ ¸À°è¸ÀvÀPÀÌzÀÄÝ, vÀ¦àzÀ°è AiÀiÁgÀzÀÄÝ vÀPÀgÁgÀÄ E®èªÉAzÀÄ ¥ÀjUÀtÂ¹ G¯ÉèÃTvÀ ¥ÀæPÀgÀtªÀ£ÀÄß ªÀÄÄAzÀÄªÀgÉ¹ EvÀåxÀðUÉÆ½¸À¯ÁUÀÄªÀÅzÀÄ. ªÉÄÃ®ÌAqÀ ªÀÄAZÉÃUËqÀ ©£ï ¯ÉÃmï ²æÃ ªÀÄAZÉÃUËqÀ gÀªÀgÀÄ ¨ÉAUÀ¼ÀÆgÀÄ ºÉÆÃ§½ UÁæªÀÄzÀ°è ¥ÀæªÀiÁt¥ÀvÀæªÀ£ÀÄß ¥ÀqÉAiÀÄÄªÀ GzÉÝÃ±À¢AzÀ ªÀiÁ£Àå ¸À°è¹zÀÄÝ ¸ÀzÀj «μÀAiÀÄPÉÌ ¸ÀA§A¢¹zÀAvÉ AiÀiÁjUÁzÀgÀÆ »vÁ¸ÀQÛ EzÀÝ°è CªÀgÀÄ ªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄzÀ°è RÄzÁÝV CxÀªÁ CªÀgÀ ªÀQÃ®gÀ ªÀÄÆ®PÀ ºÁdgÁV vÀªÀÄä ¥ÀgÀ vÀPÀgÁgÀÄ ¸À°è¸À§ºÀÄzÁVgÀÄvÀÛzÉ. ¸ÀzÀj CfðAiÀÄÄ ªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄzÀ°è ¢£ÁAPÀ: 13/02/2026 gÀAzÀÄ ªÀÄÄA¢£À ¸ÀÄ£ÁªÀuÉUÁV ªÀÄÄAzÀÆqÀ®ànÖgÀÄvÀÛzÉ. ¢£ÁAPÀzÀAzÀÄ ¨É½UÉÎ 11 UÀAmÉUÉ ¸ÀjAiÀiÁV ¢£ÁAPÀ £ÁåAiÀiÁ®AiÀÄzÀ°è ªÀÄvÀÄÛ ªÀÄÈvÀgÁVzÀÄÝ ¥ÀwæPÁ ¥ÀæPÀluÉUÁV CfðzÁgÀgÀÄ zÀQët vÁ®ÆèPÀÄ, 05/07/1960 f¯Éè, CªÀgÀ ...JzÀÄgÀÄzÁgÀgÀÄ ¯ÉÃmï CfðAiÀÄ£ÀÄß ºÁgÉÆÃºÀ½î ¹AUÀ¸ÀAzÀæ ªÉÄÃ®ÌAqÀ ªÀÄgÀt gÀAzÀÄ ²æÃ ªÉÄÃ¯ÁÌtÂ¹gÀÄªÀ ªÀÄÆ®PÀ 1£ÉÃ CfðzÁgÀgÀ UÀAqÀ, 2jAzÀ 4£ÉÃ CfðzÁgÀgÀ ©£ï ¯ÉÃmï ªÀÄÄ¤UËqÀ gÀªÀgÀÄ ¨ÉAUÀ¼ÀÆgÀÄ zÀQët f¯Éè, PÀ£ÀPÀ¥ÀÅgÀ vÁ®ÆèPÀÄ, PÉÆÃrºÀ½î ºÉÆÃ§½, vÀmÉÖPÉgÉ UÁæªÀÄzÀ°è ¢£ÁAPÀ: 28.04.2021 gÀAzÀÄ ªÀÄgÀt ºÉÆA¢zÀÄÝ, EªÀgÀ ªÀÄgÀt ¥ÀæªÀiÁt ¥ÀvÀæªÀ£ÀÄß ¤ÃqÀÄªÀAvÉ JzÀÄgÀÄzÁgÀjUÉ PÉÆÃj F ¥ÀæPÀgÀtªÀ£ÀÄß ¸À°è¹zÀÄÝ. 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Flat No. T-3 on the Third Floor Totally measuring 16201 sqft, and bounded on Property, the : "MANIFEST FORTUNE" East by:North by: HARISHA S, Advocate 40 Feet Road, Private Property, a Super built-up area West by:South by: Private No. 191/335, E- Katha No. 152500901701200191. parcel of the Property bearing Site No.24, Katha SCHEDULE PROPERTY : 7 Days from the date of publication of this notice there after will not be entertained. Tumakuru Taluk, Measuring: East to West: Others Layout, Situated at Gollahalli Village, Kasaba Hobli, East by: measuring 139.35 Mtrs, and bounded on the 12.192 Mtrs & North to South:11.43 Mtrs in all Road, HARISHA S, AdvocateSouth by: West by: 25 feet Road. Site no.23, All that piece and North by:: ªÀÄÆ®PÀªÁUÀ°Ã ºÁdgÁV vÀªÀÄä °TvÀ vÀPÀgÁgÀ£ÀÄß ¸À°è¸ÀÄªÀÅzÀÄ. vÀ¦àzÀ°è ªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄªÀÅ vÀªÀÄä UÉÊgÀÄ ºÁdjAiÀÄ°è ¥ÀæPÀgÀtªÀ£ÀÄß KPÀ¥ÀQëAiÀÄªÁV wÃªÀiÁð¤¸ÀÄvÀÛzÉ JAzÀÄ w½AiÀÄÄªÀÅzÀÄ. CfðzÁgÀgÀ ¥ÀgÀ ªÀQÃ®gÀÄ:(²ªÀ¸Áé«Ä. 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AiÀiÁgÀzÀÆÝ vÀPÀgÁgÀÄ E®èªÉAzÀÄ ¥ÀjUÀtÂ¹ G¯ÉèÃTvÀ EvÀåxÀð UÉÆ½¸À¯ÁUÀÄªÀÅzÀÄ.2026 gÀ d£ÀªÀj 12£ÉÃ vÁjÃRÄ F ¢ªÀ¸À £À£Àß ¸À» ªÀÄvÀÄÛ £ÁåAiÀiÁ®AiÀÄzÀ ªÉÆºÀj£ÉÆA¢UÉ ºÉÆgÀr¸À¯ÁVzÉ. ªÀiÁ£Àå 1£ÉÃ C¥ÀgÀ ¹«¯ï £ÁåAiÀiÁ¢üÃ±ÀgÀÄªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄzÀ DzÉÃ±ÀzÀ ªÉÄÃgÉUÉªÀÄvÀÄÛ eÉ.JA.J¥sï.¹ £ÁåAiÀiÁ®AiÀÄ, ¥ÀæPÀgÀtªÀ£ÀÄß ²gÀ¸ÉÛÃzÁgÀgÀÄPÀ£ÀPÀ¥ÀÄgÀ ªÀÄÄAzÀÄªÀgÉ¹ ¥ÀPÀëzÀ°è ªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄªÀÅ KPÀ¥ÀQëÃAiÀÄ DzÉÃ±À ºÉÆgÀr¸ÀÄvÀÛzÉ.¢£ÁAPÀ 08/01/2026 gÀAzÀÄ £À£Àß ¸À» ªÀÄvÀÄÛ ¤Ãq ªÁ¢UÀ¼À ¥ÀgÀ ªÀQÃ®gÀÄ VjÃ±ï.J¸ï.J¸ï. ªÀQÃ®gÀÄ, PÀ£ÀPÀ¥ÀÄgÀ ¹«¯ï £ÁåAiÀiÁ¢üÃ±ÀgÀÄ ªÀÄvÀÄÛ eÉ.JA.J¥sï.¹. ªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄzÀ DzÉÃ±ÀzÀ ªÉÄÃgÉUÉ À ¯ÁVzÉ.£ÁåAiÀiÁ®AiÀÄzÀ £ÁåAiÀiÁ®AiÀÄ PÀ£ÀPÀ¥ÀÄgÀ, ²gÀ¸ÉÛzÁgÀgÀÄ, ªÉÆºÀj£ÉÆA¢UÉ AiÀiÁgÀzÀÆÝ vÀPÀgÁgÀÆ E®èªÉAzÀÄ ¥ÀjUÀtÂ¹ G¯ÉèÃTvÀ ¥ÀæPÀgÀtªÀ£ÀÄß ªÀÄÄAzÀÄªÀgÉ¹ EvÀåxÀð UÉÆ½¸À¯ÁUÀÄªÀÅzÀÄ.2025gÀ d£ÀªÀj 12£ÉÃ vÁjÃRÄ F ¢ªÀ £À£Àß ¸À» ªÀÄvÀÄÛ £ÁåAiÀiÁ®AiÀÄzÀ ªÉÆºÀj£ÉÆA¢UÉ ºÉÆgÀr¸À¯ÁVzÉ. ªÀÄvÀÄÛ eÉ.JA.J¥sï.¹. £ÁåAiÀiÁ®AiÀÄ, PÀ£ÀPÀ¥ÀÄgÀªÀiÁ£Àå £ÁåAiÀiÁ®AiÀÄzÀ DzÉÃ±ÀzÀ ªÉÄÃgÉUÉªÀiÁ£Àå ¥ÀæzsÁ£À ¹«¯ï £ÁåAiÀiÁ¢üÃ±ÀgÀÄ²gÀ¸ÉÛzÁgÀgÀÄ, No.2,1st Floor Byranna Building No.2,1st Floor Byranna Building ªÀÄºÀzÉÃªÀAiÀÄå PÀlÖqÀ, LdÆgÀÄ ©.JA. gÀ¸ÉÛ, CfðzÁgÀgÀ ¥ÀgÀ ªÀQÃ®gÀÄ: CfðzÁgÀgÀ ¥ÀgÀ ªÀQÃ®gÀÄ: Madanayakanahalli, Bengaluru-562162Mobile : 90609 50265 Madanayakanahalli, Bengaluru-562162Mobile : 90609 50265 gÁªÀÄ£ÀUÀgÀ. ¸ÀÜ¼À : PÀ£ÀPÀ¥ÀÄgÀ ¸ÀÜ¼À : PÀ£ÀPÀ¥ÀÄgÀ¢£ÁAPÀ: 08/01/2026 C©üµÉÃPï. eÉ, ªÀQÃ®gÀÄ, PÀ£ÀPÀ¥ÀÄgÀ ¸ÀÜ¼À : PÀ£ÀPÀ¥ÀÄgÀ¢£ÁAPÀ: 08/01/2026 r. 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Glittek Granites Ltd. — M&A Activity 2026

62125_rns_2026-01-13_1b99d6c4-2c79-474c-92cb-614720c979ad.pdf

Vivro Financial Services Private Limited

Date: January 13, 2026

The salient features of the SPA are as follows:

Note:

a) Sellers are not a part of any defined group.

SHAREHOLDING AND ACQUISITION DETAILS:

OFFER PRICE:

IV.

VIII. PROCEDURE FOR TENDERING THE EQUITY SHARES IN CASE OF NON RECIEPT OF LETTER OF OFFER:

V. FINANCIAL ARRANGEMENTS:

STATUTORY AND OTHER APPROVALS:

VI.

THE DETAILED PROCEDURE FOR TENDERING THE EQUITY SHARES IN THE OFFER WILL BE AVAILABLE IN THE LETTER OF OFFER THAT WOULD BE DISPATCHED TO THE EQUITY SHAREHOLDERS OF THE TARGET COMPANY AS ON THE IDENTIFIED DATE.

IX.

OTHER INFORMATION:

X.

Bathiya Legal

Vivro Financial Services Private Limited

MUFG INTIME INDIA PRIVATE LIMITED

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DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF GLITTEK GRANITES LIMITED Registered Office: Honnappa Building, 2nd Floor, V.V. Extension, Behind MCM ITI College, Old Madras Road, Hoskote, Bengaluru - 562114, Karnataka, India | CIN: L14102KA1990PLC023497 |

ThesalientfeaturesoftheSPAare asfollows:

a)Sellers arenotapartofanydefinedgroup.

IV.

OFFER:

Contact Person: NehaJain

OTHER INFORMATION:

Bathiya Legal

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3. Information about the Sellers:

The salient features of the SPA are as follows:

a) Sellers are not a part of any defined group.

SHAREHOLDING AND ACQUISITION DETAILS:

OFFER PRICE:

The salient features of the SPA are as follows:

Note:

SHAREHOLDING AND ACQUISITION DETAILS:

VI. STATUTORY AND OTHER APPROVALS:

OTHER INFORMATION:

Bathiya Legal

Vivro Financial Services Private Limited

MUFG INTIME INDIA PRIVATE LIMITED

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Glittek Granites Ltd. M&A Activity 2026

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