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Glittek Granites Ltd. M&A Activity 2026

May 19, 2026

62125_rns_2026-05-19_37f9384c-172d-45e9-8fce-6c91430e7f96.pdf

M&A Activity

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VIVRO

Vivro Financial Services Private Limited

Regd. Office :

Vivro House, 11, Shashi Colony, Opp. Suvidha Shopping Center,

Paldi, Ahmedabad, Gujarat, India - 380 007

Tel.: +91 (79) 4040 4242

www.vivro.net

May 18, 2026

To,

BSE Limited

Phiroze Jejeebhoy Towers,

Dalal Street,

Mumbai – 400 001.

Scrip Code: 513528

Sub: Submission of Pre-offer Advertisement pursuant to the provisions of Regulation 18(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”)

Ref.: Open Offer for the acquisition of up to 67,50,000 Equity Shares 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 “Acquirers”) and Rawmin Mining and Industries Private Limited (“Person Acting in Concert” or “PAC”) in accordance with the provisions of the Securities and Exchange Board of India (Substantial Acquisitions of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”) (the “Open Offer” or “Offer”).

Dear Sir/Madam,

With reference to the captioned subject, the Pre-Offer Advertisement is published today i.e., on May 18, 2026 pursuant to Regulation 18(7) of SEBI SAST Regulations, in the following newspaper:

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

Please find enclosed a copy of the Pre-offer Advertisement for your reference and records. Request you to disseminate the said information on your website.

Thanking you,

Yours Faithfully,

For, Vivro Financial Services Private Limited

Jayesh Vithlani
Sr. Vice President – Capital Markets

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


FOR OFFER ADVERTISEMENT IN ACCORDANCE WITH REGULATION 14(7) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA, UGABYENTHA, ACQUISITION OF THE PROFESSIONAL COMMUNICATIONS OF THE UNITED STATES, DEPARTMENT FOR THE ATTENTION OF THE PUBLIC SHARINGO (DHS OF

GLITTEK GRANITE LIMITED

Registered Office: Hovnøgen Building, 2nd Floor, V.V. Sidenåen, Børket 14010170 (Udlag: Skt Næstuv Road, Børkets, Børgade 1 - 562114, Karnataka, India)

RITA OFFER FOR THE ACQUISITION OF UP TO 6 C BILING (DIST'T STOCK) LIMITS FIFTY THOUSAND; FULLY PAID UP EQUITY SHARES OF FACE VALUE OF P.D. - (RUPEST PER CREDIT) EACH 1 "EQUITY SHARED" (REPRESENTING DIV.) TWENTY SIX PERCENT) OF THE EQUITY SHARE CAPITAL (AS DEFINED BELOW) OF GLITTEK GRANITE LIMITED 1 "TARGET COMPANY") FROM THE PUBLIC SHARINGO (DHS OF THE TARGET COMPANY) (AS DEFINED BELOW) OF GRANITE LIMITED 1 "TARGET RESPONSIBILITY" FOR THE PUBLIC SHARINGO (DHS OF THE TARGET RESPONSIBILITY) TO THE PERCENT OF THE EQUITY SHARE CAPITAL (AS DEFINED BELOW) OF GLITTEK GRANITE LIMITED 1 "TARGET RESPONSIBILITY" FOR THE PUBLIC SHARINGO (DHS OF THE TARGET RESPONSIBILITY)

This pre-office advertisement is issued by mail in combination of and in conjunction with:

a) the Public Announcement dated January 08, 2026 ("PRC");
b) the Detailed Public Statement that was published in Al-Husra'id Express (English) (All Editions), Jansatta (Hindi) (All Editions), Udaykala (Kannada - Regional) (Borgados - Edition) and Naushanti (Marathi) (Mumbai Edition) ("Newspaper") on January 13, 2026 ("DPS");
c) the Draft Letter of Offer dated January 27, 2026 ("DLDF"); and
d) the Letter of Offer dated May 12, 2026 along with the Form of Acceptance-cum-Acknowledgement ("LDF") (the PA, DPS, DLDF and LDF are herein collectively referred to as "Offer Document").

This Pre-Office Advertisement is being published in all Newspapers in which the DPS was published.

For the purpose of this Pre-Office Advertisement:

  1. "Identified Date" means May 5, 2026, being the date falling on the 13th (Tenth) Monday Day prior to the commencement of the Tendering Period; and
  2. "Tendering Period" means the 10th (Ten) Monday Days period from Tuesday, May 19, 2026, to Tuesday, June 2, 2026, (both days inclusive) within which the Public Shareholders may tender their Equity Shares in acceptance of the Offer.

Capitalized terms used but not defined in this Pre-Office Advertisement shall have the meanings assigned to such terms in the LDF.

The Public Shareholders of the Target Company are requested to note the following information related to the Offer:

Offer Price: The Open Offer Price is made at ₹12.60/- (Rupees Twelve and Fieze Only Five only) per Equity Share, payable in cash and there has been no revision in the Offer Price. For further details relating to the Offer Price, please refer to paragraph 6.1. Usself-laden of Offer Price on page 29 of the LDF.

  1. Recommendations of the Committee of Independent Directors ("DIC"); The DIC Recommendation was approved on Wednesday, May 13, 2026 and published on Thursday May 14, 2026 in the same Newspapers in which the DPS was published ("DIC Recommendation"). The DIC is of the opinion that the Offer Price to the Public Shareholders of the Target Company is fair and reasonable in terms of the SIOB (SASIT) Regulations. However, the public shareholders of the Target Company are advised to independently evaluate the Open Offer and make informed decision about whether or not to tender their shares in the Open Offer. The relevant extract of the DIC Recommendation is given below:

| 6 | Members of the Committee of Independent Directors | 1. Mantel-Allis (Chairperson)
2. Malwika Syinka (Member)
3. Siddhartha Agarwal (Member) |
| --- | --- | --- |
| 11 | Recommendation on the Open offer, as to whether the offer is fair and reasonable | The DIC is of the opinion that the Offer Price of ₹ 12.60 (Rupees Twelve and Sixty Five Pieze Only) per Equity Share has been determined in accordance with Regulations 8 of the SIOB (SASIT) Regulations, being the highest of various parameters mentioned therein, and accordingly the Offer Price appears to be fair and reasonable. However, the public shareholders of the Target Company are advised to independently evaluate the Open Offer and make informed decision about whether or not to tender their equity shares in the Open Offer. |

12 Summary of reasons for the recommendation (DIC may also invite attention to any other place, e.g. company website, where its detailed recommendations along with written advice of the independent adviser, if any can be seen by the shareholder)

The DIC has been passed the following Offer documents for recommendations on the Open Offer:

  1. The Offer Price is equal to the regulated price for acquisition of Equity Shares by the Acquires under the Share Purchase Agreement i.e. ₹12.60/- (Rupees Twelve and Sixty Five Pieze Only);
  2. The Offer Price is higher than the volume-weighted average market price of Equity Shares for a period of sixty trading days immediately preceding the date of the Public Announcement as traded on the BSE Limited ("BSE") i.e. ₹12.30 (Rupees Twelve and pales Thirty-Nine Only) (given that equity shares of the Target Company are frequently traded); and
  3. The Offer Price (being the highest price prescribed amongst the various parameters) has been determined in accordance with Regulation 8(2) of the SIOB (SASIT) Regulations.

Based on the review of the Offer documents, the DIC mentions how, inter alia, considered the following factors for making the recommendations:

  1. The Acquires intend to strengthen and improve the operational efficiencies of the Target Company.
  2. The Acquires and PRC shall be classified as the members of the promoter and promoter group of the Target Company post completion of the Offer, in accordance with SIOB (SASIT) Regulations. However, the DIC mentions draw attention of the eligible Public Shareholders to the closing market price of the Equity Shares on the BSE Limited as on May 12, 2026, being of 44.79 (Rupees Forty Five and pales Seventy Eight) per Equity Share which is significantly higher than the Offer Price.

The eligible Public Shareholders of the Target Company are advised to independently evaluate the Open Offer and the market performance of the Target Company's scrip and take an informed decision about tendering the Equity Shares held by them in the Open Offer. The statement of recommendation will be available on the website of the Target Company at www.glttek.com.

13 Disclosure of Voting Pattern The recommendations were unanimously approved by the members of IDC.
14 Details of Independent Advisors, if any. None.

For further details, please see the IDC Recommendation which is available on the websites of the Stock Exchanges (www.bseindia.com) and is available on the website of SIOB (www.siob.gov.in).

  1. Other details of the Offer

3.1. The Open Offer is mandatory offer being made under Regulation 3(1) and 4 and other applicable regulations of the SIOB (SASIT) Regulations to the Public Shareholders of the Target Company.

3.2. This Offer is not a competing offer in terms of Regulation 20 of the SIOB (SASIT) Regulations and there has been no competing offer to the Open Offer and the last date for making such competing offer has expired. The Offer is not conditional upon any minimum level of acceptance in terms of Regulation 19(1) of SIOB (SASIT) Regulations.

3.3. The dispatch through electronic media and or physical media of the LDF to the Public Shareholders as on the Identified Date i.e., May 5, 2026, in accordance with Regulation 15(2) of the SIOB (SASIT) Regulations has been completed through email on May 12, 2026, and through speed post on May 12, 2026 (which is in compliance with the timelines prescribed under the SIOB (SASIT) Regulations). It is clarified that all the Public Shareholders whose names do not appear in the register of members of the Target Company as on the Identified Date (own) if they acquire Equity Shares or if they become shareholders of the Target Company after the Identified Date) or those who have no review of the LDF are eligible to participate in the Offer changed the Acquires, PRC and Promoters and Promoter Group of the Target Company.

3.4. A Public Shareholder may participate in the Offer by approximately their Selling Broker and tender the Equity Shares in the Offer as per the procedure mentioned in the LDF.

3.5. Public Shareholders of the Target Company may download the LDF (which inter alia includes detailed instructions in relation to the procedure for acceptance and settlement of the Open Offer, as well as the Form of Acceptance) from the website of SIOB (www.siob.gov.in), BSE (www.bseindia.com), Manager to the Offer (www.winx.net) or obtain a copy of the same from MERCHAN and the Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise) or Merke's (Merchandise). The Offer is not a competing offer to the LICENSE (Lifeline) or the LICENSE (Lifeline) or the LIFELINE (Lifeline) or the LIFELINE (Lifeline) or the LIFELINE (Lifeline) or the LIFELINE (Lifeline) or the LIFELINE (Lifeline).

3.6. Material changes: There have been no material changes in relation to the Open Offer since the date of the PA and the DPS, as otherwise disclosed in the LDF and in this Pre-Office Advertisement and Corrigendum. Public Shareholders are requested to note the following material updates: The following paragraphs have been added in the LDF as per SIOB comments:

4.1 Any failure to comply with minimum public shareholding requirement may lead to non-compliance of Securities Contract Regulation Rules and Securities and Exchange Board of India (Lubing Obligations and Disclosure Requirements) Regulations, 2015 at paragraph 3.2.10. of the LDF.

4.2 The Open Offer price of INR 12.60 per equity share has been determined in accordance with Regulation 8 of the SIOB (SASIT) Regulations and reflects a fair and reasonable price for the Public Shareholders, being broadly aligned with the prevailing market price of INR 13.20 per equity share as on the date of the PA published on January 6, 2026 has been added in the final factor relating to Acquires and PRC at paragraph 3.2 on page no. 6 of the LDF.

4.3 There are no actions taken or penalties levied by SIOB under SIOB Act, 1992 and regulations made there under against the Merchant Banker at paragraph 3.2.14. of the LDF.

4.4 There are no actions taken or penalties levied by SIOB under SIOB Act, 1992 and regulations made there under against the RTA at paragraph 3.2.10 of the LDF.

4.5 Post completion of the Open Offer, the Acquires and PRC will be classified as the members of the Promoter and Promoter Group in the Target Company at paragraph 3.3.2 of the LDF.

4.6 Details of shareholding of PRC has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

4.7 There are no contingent liabilities of PRC except for a guarantee of INR 1.90 Lights issued to the Exce Department that has been inserted under paragraph 4.7.7 on page 19 of the LDF.

4.8 The Acquires and PRC are not a related party of the public shareholders of the Target Company. Further, Target Company and its promoters and directors are not related to the Promoters of the PRC, has been inserted at paragraph 4.8.3. on page no. 21 of the LDF.

4.9 In accordance with Regulation 15(1) of the SIOB (SASIT) Regulations, the DLDF was submitted to SIOB on January 27, 2026, SIOB who to letter bearing reference number no. H0/H012111920(2026-070-RAC-OCR2 dated April 30, 2026, issued its observations on the DLDF in terms of Regulation 16(4) of SIOB (SASIT) Regulations ("SIOB Observation Letter"). The comments specified in the SIOB Observation Letter have been incorporated into the LDF. This Pre-Office Advertisement and Corrigendum also serves as a corrigendum to the DPS, and as required in terms of the SIOB Observation Letter, reflects the changes made in the LDF as compared to the DPS and DLDF.

  1. Material changes: There have been no material changes in relation to the Open Offer since the date of the PA and the DPS, as otherwise disclosed in the LDF and in this Pre-Office Advertisement and Corrigendum. Public Shareholders are requested to note the following material updates: The following paragraphs have been added in the LDF as per SIOB comments:

6.1 Any failure to comply with minimum public shareholding requirement may lead to non-compliance of Securities Contract Regulation Rules and Securities and Exchange Board of India (Lubing Obligations and Disclosure Requirements) Regulations, 2015 at paragraph 3.2.10. of the LDF.

6.2 The Open Offer price of INR 12.60 per equity share has been determined in accordance with Regulation 8 of the SIOB (SASIT) Regulations and reflects a fair and reasonable price for the Public Shareholders, being broadly aligned with the prevailing market price of INR 13.20 per equity share as on the date of the PA published on January 6, 2026 has been added in the final factor relating to Acquires and PRC at paragraph 3.2 on page no. 6 of the LDF.

6.3 There are no actions taken or penalties levied by SIOB under SIOB Act, 1992 and regulations made there under against the Merchant Banker at paragraph 3.2.14. of the LDF.

6.4 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.5 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.6 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.7 There are no contingent liabilities of PRC except for a guarantee of INR 1.90 Lights issued to the Exce Department that has been inserted under paragraph 4.7.7 on page 19 of the LDF.

6.8 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.9 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.10 The Inconsistent with the SIOB (SASIT) Regulations, the DPS has been inserted at paragraph 4.7.3. on page no. 18-19 of the LDF.

6.11 Except for the transactions contemplated by Acquires in the DPA, as on the date of the LDF, the Acquires and PRC have no relationship or interest in the Target Company. The Acquires and PRC are not related to the Target Company and its promoters. Nonstics in any manner, directly or indirectly. Further, as of the date of the LDF, there are no direction represented by the Acquires or PRC on the Board of Directors of the Target Company has been inserted paragraph 6.3.4 on page no.27 of the LDF.

6.12 There are no additional liabilities of the Target Company except an income tax demand of INR 1.57 Lights related to Assessment Year (AY) 2023-20 has been inserted under paragraph 7.10 on page 25 of the LDF.

6.13 Details of Non-Compliance by the Promoters of the Target Company in terms of SIOB (SASIT) Regulations: has been inserted under paragraph 5.22 on page 27 of the LDF.

6.14 For further details of shareholding of 1,257,55,800 equity shares representing 49.98% of the equity share capital on September 8, 2024 from Virdhi Commercial Company Limited to Nusser Ventures (Private Limited between members of Promoters and Promoter Group was executed pursuant to the 18d NCLC Rollads Bench order dated August 9, 2024). The non-compliance order dated August 18, 2024 will be subject to the global settlement of disputes between the family members. The Sellers were of the view that the aforesaid transfer may be the same carried out pursuant to the orders of the next 5th NCLC as part of a family arrangement; settlement inter or promoter and promoter group entities, would not trigger an open offer obligation under the SIOB (SASIT) Regulations.

Hence, transfer of shareholding of 1,257,5,000 equity shares representing 49.98% of the equity share capital on September 8, 2024 from Virdhi Commercial Company Limited to Nusser Ventures (Private Limited would not qualify for automatic exemption under Regulation 10 of SIOB (SASIT) Regulations and it was deemed to trigger an open offer obligation on September 8, 2024 under Regulation 221 of the SIOB (SASIT) Regulations.

Calculation of offer price along with interest: Pricum-Ventures Private Limited was to make a deemed open offer pursuant to acquisition of shares on September 08, 2024.

Particulars 2024-25 2025-26
Price (Highest of the Price as per Regulation 8(2) of SIOB (SASIT) Regulations, 2011) (A) 4.37 12.65
Interest Calculated
Triggering Event (Date) September 8, 2024 January 6, 2026
Last date of communicating of rejection / acceptance and payment of consideration for accepted tender / return of unaccepted shares November 29, 2024* June 10, 2026
Teleport Days 520 days N.A.
Rate of Interest 10% N.A.
Interest (B) 0.62 N.A.
Total (Price + Interest) 5.81 12.65

Notes 1. From due date of payment to shareholders (being November 29, 2024) 60 date of LDF (i.e. May 12, 2026) being 520 days.

6.14 SIOB may initiate appropriate action against the entities, promoters (promoter group along with persons acting in concert of the Target Company in terms of SIOB (SASIT) Regulations and provisions of SIOB Act for any non-compliance of SIOB (SASIT) Regulations, has been inserted under paragraph 3.23 on page 27 of the LDF.

6.15 During the preceding 10 years there were no reports filed under Regulations 15(1) of SIOB (SASIT) Regulations, in the sub-p of the Target Company, has been inserted under paragraph 5.24 on page 27 of the LDF.

6.16 The Target Company has complied with the listing requirements and no penal/punitive actions have been taken by the Stock Exchange. Further, there are certain instances relating to certain past procedural delays / non-compliance with stock exchange requirements and as per representations given by the Target Company and Sellers, all of which have been appropriately addressed and there are no pending punitive actions including penalties levied by stock exchange against the Target Company for promoters/directors in the last 10 financial years. The details can be viewed under paragraph 3.25 on page no. 28 of the LDF.

6.17 The following Risk factor shall be added under the heading "Risk-indicating Acquires and PRC":

2.6 The Acquires and PRC have substantial experience in the field of mining, manufacture of value added mineral products and domestic as well as international trading of minerals and fences, interests to expand and diversify business activities of the Target Company by undertaking related business activities. However, the Target Company is in the business of manufacturing, processing and trading of granite side and tiles. Hence, Acquires and PRC do not have any experience in the business of the Target Company.

4. Details regarding the status of the Disclosure and other approvals

As on the date of the Pre- Offer Advertisement cum Corrigendum, there are no statutory or other approvals required to acquire the Offer Shares that are validly tendered pursuant to the Offer and/or to complete the Underlying Transaction. However, in case of any statutory approvals are required or become applicable prior to completion of the Offer, the Offer would be subject to the receipt of such statutory approvals. Please refer to paragraph 7.4 (Statutory and other approvals) of the LDF for further details.

  1. Schedule of Activities:
Activity Original schedule disclosed in the DLDF (Day and Date)* Revised schedule (Day and Date)*
Issue of Public Announcement Tuesday, January 06, 2026 Tuesday, January 06, 2026
Publication of the DPS in newspapers Tuesday, January 13, 2026 Tuesday, January 13, 2026
Last Date of Filing of Draft Letter of Offer with SIOB Wednesday, January 21, 2026* Wednesday, January 21, 2026*
Last date for Public Announcement for competing offer** Wednesday, February 4, 2026 Wednesday, February 14, 2026
Last date for receipt of comments from SIOB on the draft letter of offer (in the event SIOB has not sought clarification or additional information from the Manager to the Offer) Thursday, February 12, 2026 Thursday, April 30, 2026*
Identified Offer*** Monday, February 16, 2026 Tuesday, May 5, 2026
Last date for dispatch of the Letter of Offer to the Public Shareholders Tuesday, February 24, 2026 Tuesday, May 12, 2026
Last date by which a committee of independent directors of the Target Company is required to give its recommendation to the Public Shareholders of the Target Company for this Offer Thursday, February 26, 2026 Thursday, May 14, 2026*
Last date for payment revision of the Offer Price and/or the offer Size Friday, February 27, 2026 Friday, May 15, 2026
Date of publication of opening of Open Offer public announcement in the newspaper in which DPS has been published Monday, March 2, 2026 Monday, May 16, 2026
Date of commencement of Tendering Period ("Offer Opening Date") Wednesday, March 4, 2026 Tuesday, June 2, 2026
Date of Clause of Tendering Period ("Offer Opening Date") Tuesday, March 17, 2026 Tuesday, June 2, 2026
Last date of communicating of rejection/acceptance and completion of payment of consideration for accepted tender or return of unaccepted shares Monday, April 6, 2026 Tuesday, June 16, 2026
Last date for publication of post Open Offer public announcement in the newspaper in which DPS has been published Monday, April 13, 2026 Tuesday, June 23, 2026
Last Date of filing the Final report to SIOB Monday, April 13, 2026 Tuesday June 23, 2026

1 The above timelines are instituted (prepared on the basis of timelines provided under the SIOB (SASIT) Regulations) and are subject to receipt of statutory regulatory approvals and may have to be revised accordingly. To clarify, the actions set out above may be completed prior to their corresponding dates subject to completion with the SIOB (SASIT) Regulations.

2 The Account of Municipal Corporation Elections in Maharashtra on January 15, 2026, the same was a non-working day. Accordingly, the timeline mentioned in the DPS has undergone a change.

  • Identified Date is only for the purpose of determining the holders of Equity Shares of the Target Company as on such date to whom the LDF would be sent. It is clarified that all the shareholders holding Equity Shares of the Target Company registered on completion by Group 18 of Acquires, PRCs, Deemed PRCs and members of the promoters and promoter group of the Target Company) are eligible to participate in this Offer any time before the closure of this Offer.

Also, there is no competing offer to this Offer.

Actual date of receipt of SIOB observations on the DLDF

To clarify the actions set out above may be completed prior to their corresponding dates subject to compliance with the SIOB (SASIT) Regulations.

The IDC Recommendation was published on May 14, 2026.

The Acquires, PRC and the Directors of the PRC project full responsibility for the information contained in this Pre-offer Advertisement and Corrigendum (other than such information as has been obtained from the public sources or provided by or relating to and confirmed by the Target Company) and undertake that they are aware of and will comply with their obligations under the SIOB (SASIT) Regulations in respect of this Offer.

The Pre-Office Advertisement and Corrigendum would also be available on the SIOB website at www.sobc.gov.in and on the website of the Manager to the Offer at www.winx.net.

Issued on behalf of the Acquires and PRC by the Manager to the Offer

VIVRO FINANCIAL SERVICES PRESKTS LIMITED

Viero House, 11 Shastri Colony, Opp. Suvidha Shopping Centre, Piddi, Ahmedabad - 380007, Gujarat, India.

Tel No. (173) 4340-03-02 | Email: [email protected] | Website: www.vivro.net

SIOB Reg. No. (NB/INM000010122 | Contact Person: Shivam Patel

Registrar to the Offer

MUFG

MUFG Inline India Private Limited

C-101, 1st Floor, Embasay 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400 083, Maharashtra, India.

Tel. No.: +91-8108114949 | Email: [email protected]

Website: www.in.inprs.ncdg.com

SIOB Reg. No. (INF000004359 | Contact Person: Chariti Gopalinichnan

For and on behalf of the Acquires and the PRC:

Siri Siri Siri Siri Siri Siri
Muheshkumar Jabsahankar Thank Bhargav Satyabhankar Thank (Acquire 2) Bhavin Hoxhar Thank (Acquire 3) Kalpana Ashwinkkumar Thank (Acquire 4) Hema Bhargav Thank (Acquire 5) Gautam Ashwinkkumar Thank (Acquire 6)

Date: May 16, 2026

Place: Mumbai


WWW.FINANCIALEXPRESS.COM

FINANCIAL EXPRESS

THURSDAY, MAY 14, 2026

17

SUNSHIELD CHEMICALS LIMITED

SUNSHIELD CHEMICALS LIMITED

Subsidiary of the Author's Office, 12000

Kagil Office: 1031-4, Universal Marble, P.L. Lethbridge Way, below M84 International School, Chechnov West, Mumbai 450 242, PhD, 2026, Tel: 25332122

Extract of Material Health for the quarter and year ended March 31, 2026

No. Particulars Year 31, 2026 (Jan. 31, 2025) (Mar. 31, 2026) (Feb. 31, 2025)
% of Total Income for In-patients 1,147 0.266
1 Total Profit for the period 1 year ended Jan. 1,241
2 Net Profit for the period 1 year ended Jan. 1,564
3 Total Comprehensive Income for the period 1 year 1,101
4 Paid-up equity share capital (face value of Rs. 50/-year) -
5 Other Equity -
6 Basic & Dilution Earnings per Share (of Rs. 50/-year) 12.12

GRAND TOTAL

The estimated financial results of Sumbadi Chemical Limited (the "Company") were reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on May 12, 2026. The semi-annualized audit committee has been approved by the Board of Directors of the Company and the Board of Directors of the Company.

2 The above is an extract of the detailed format of quarterly year ended Financial Results filed with the Stock Exchange under Regulation 23 of the SEBI-LV (Army/Subgales) and Disclosure Requirements (Regulations, 2015, The full format of the quarterly year ended Financial Results are available on the Stock Exchange website www.financial.com) and also on the Company's website www.sumbdcdchemicals.com.

img-1.jpeg

GLITTEK GRANITES LIMITED

GRANITES LIMITED

GRANITES GRANITES LIMITED

GRANITES GRANITES LIMITED

GRANITES GRANITES LIMITED

GRANITES GRANITES LIMITED

GRANITES GRANITES GRANITES LIMITED

1031-4, Universal Marble, P.L. Lethbridge Way, below M84 International School, Chechnov West, Mumbai 450 242, PhD, 2026, Tel: 25332122

No. Particulars COM(GL)LIMITED FINANCIAL LIMITED
Quarter Ended Year Ended Quarter Ended Year Ended
31-03-2026 31-01-2025 31-03-2026 31-01-2025 31-03-2026 31-01-2025 31-03-2026 31-01-2025
Refer Note 2 Refer Note 2 AuslMed AuslMed Refer Note 2 Refer Note 2 AuslMed AuslMed Refer Note 2
1 Total Income from Operations 44,847 41,731 53,891 3,07,236 1,71,544 9,919 3,255 2,694
2 Net Profit (Loss) for the period 1 year 1,249 1,500 (387) 97,598 9,630 3,715 75 637
3 Total Profit (Loss) for the period 1 year 1,249 1,500 (387) 97,598 9,630 3,715 75 637
4 Total Comprehensive Income for the period 1 year 3,370 894 401 6,104 3,000 391 46 444
5 Total Comprehensive Income for the period 1 year 1,249 1,500 464 14,907 5,596 392 37 397
6 Equity Share Capital - - - - - - 2,16,707 2,64,008
7 Expenses excluding Revaluation Reserves as per audited balance sheet of previous accounting year - - 18,328 16,467 - - 24,481 20,773
8 Earnings Per Share (FREE Value of Rs. 2/-year) from continuing operations) (not annualized) - - - - - - - -
9 All-Base 10.98 12.59 30.10 33.01 14.04 17.27 47.03 52.29
10 Est. Divided 10.98 12.59 30.10 33.01 14.04 17.27 47.03 52.29

Notes:

1 The above is an extract of the detailed format of Quarterly / Annual Financial Results filed with the Stock Exchange under Regulation 23 of the SEBI (Living Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Quarterly / Annual Financial Results and Explanatory Notes are available on the Stock Exchange website at www.financial.com and www.financial.com and on the Company's website at www.smhsebergomps.com.
2 The figures for the Quarter ended on March 2026 and 31st March 2025 are the balancing figures between the audited figures in respect of the full financial year and the published year for date figures up to the end of third quarter of the respective financial year, which was subject to further increase.
3 The Government should have consolidated multiple existing labour regulations into a unified framework comprising of four Labour Unions, collectively referred to as the "New Labour Custodial and notified with effect from 21st November 2015" (see also the analysis of the information available to be) and actuarial valuation, the Company has recognized in its standalone financials an incremental impact of Rs. 280 Million for the Quarter ended 31st March 2026 and Rs. 414 Million for the year ended 31st March 2026 as past service cost on post-employment defined benefits for its employees. Considering that this impact is shown by a regulatory change and is non-recurring in nature, it is classified under exceptional terms in these financial results. The Company continues to monitor the development in relating to the implementation of the New Labour Custodial and would review the estimates as further clarification and rules are notified.
4 In consolidated financial statements, the exceptional terms of Rs. 388 Million on FY 2025-26, Rs. 3.30 Million represents Payment under Voluntary Retirement Scheme in Rural Projects and Mission Limited (RPML) ownership (PASL) and Rs. 28 Million for reversal of provision due to settlement of sales tax assessment in RPML and impact of labour costs to Rs. 417 Million as explained in I-330-01, D-200-01.
5 The exceptional items for the Quarter ended 31st March 2026 is Rs. 258 Million consists of Rs. 4 Million related to project related reversal of RPML.
6 In consolidated financial statements, exceptional item for the year ended 31st March 2025, mainly included impairment of Rs. 61 Million goodwill pertaining to The Kofaigun Steel Limited (TKSL) consequent to its transfer within the group. Balance amount represents net credit amount of reversal of project related provisions and credit on sales tax-related provisions of earlier period in respect of Company's subsidiary viz. Raised Projects and Mission Limited.
7 During the year, the first-line National Company Law (Treasury, Montreal, and the "Treasury") passed an order dated 2nd November 2020 approving the merger of the Company's step down subsidiary, The Kofaigun Steel Limited (TKSL), into the company's wholly owned subsidiary, Raised Projects and Station Limited (RSPL) and as part of 2025-2027 (October 2024). The order was added to the final term the Magazine of Company (MCP) and
8 The order was added to the final term the May 2026 issue. During the year, the Company recovered certain old trade receivables for which provision of Rs. 584 Million had been created over the years. Accordingly, the provision of Rs. 584 Million which is no longer required has been written back in the standalone financial statements under "Other Expenses". The write back does not have any impact on the Company's consolidated financial results.
9 The Board has recommended a final dividend of Rs. 7.00 per equity share (SQP's) subject to approval of the shareholders.
10 Figures for earlier periods have been regrouped: reclassified wherever necessary to make them comparable with current period of figure.
11 The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 12 May 2026 and 12 May 2026.

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GILITTEK GRANITE LIMITED

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GILITTEK GRANITE LIMITED

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1994, फीगहा , १८ से २०२६

नई दिल्ली

नई दिल्ली

इन्क्कीसी रूम - ऑप्टिकल्स

अंक: लिमिटेड - 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

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