Glittek Granites MD, chairman and AGM
BSE: 513528Other Construction MaterialsSmall Cap
Share price at the BSE close on 29 Oct 2026. Previous close ₹74.87.
29 Oct: open ₹75.24, high ₹78.61, low ₹73.12
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹204 Cr2,843rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 18.65
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- −2.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- −11.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, BSEVolume. Shares traded on the last trading day. Volume in the glossary
- 17,994
Glittek Granites' chairperson is MAHESHKUMAR JATASHANKAR THANKI and its managing director BHARGAV GIRJASHANKAR THANKI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 22 Sep 2026.
Glittek Granites board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonMAHESHKUMAR JATASHANKAR THANKI
- Managing directorBHARGAV GIRJASHANKAR THANKI
- Company Secretary and Compliance OfficerLata Bagri
6 directors3 independent3 executive
- MAHESHKUMAR JATASHANKAR THANKI · ChairpersonExecutive · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 1 listed board · 1 committee seat
- BHARGAV GIRJASHANKAR THANKI · Managing directorExecutive · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 1 listed board · 1 committee seat
- BHAVIN HARIHAR THANKIExecutive · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 1 listed board · 1 committee seat
- SUNIL KUMAR BANSALIndependent · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 3 as chair
- KAVITA RAKESH SHAHIndependent · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
- DEEPENDRA SINGHIndependent · joined Jun 2026 · reappointed Sep 2026 · 3 months as independent · 1 listed board · 1 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
5 directors who left
- ASHOKE AGARWAL, left 25 Jun 2026: Others
- MALVIKA SUREKA, left 25 Jun 2026: Others
- MANISH KILLA, left 25 Jun 2026: Others
- SIDDHARTHA AGARWAL, left 25 Jun 2026: Others
- TUSHAR AGARWAL, left 25 Jun 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 47 days in between
- 25 Jun 20268 of 8 present3 independent · 8 days in between
- 16 Jun 20265 of 5 present3 independent · 25 days in between
- 21 May 20265 of 5 present3 independent · 8 days in between
1 earlier meeting
- 12 May 20265 of 5 present3 independent
Audit Committee
Chair KAVITA RAKESH SHAH
BHARGAV GIRJASHANKAR THANKI, SUNIL KUMAR BANSAL, DEEPENDRA SINGH
- 12 Aug 20264 of 4 present3 independent · 47 days in between
- 25 Jun 20263 of 4 present3 independent · 34 days in between
- 21 May 20263 of 4 present3 independent
Nomination and remuneration committee
Chair DEEPENDRA SINGH
KAVITA RAKESH SHAH, SUNIL KUMAR BANSAL
- 25 Jun 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SUNIL KUMAR BANSAL
KAVITA RAKESH SHAH, DEEPENDRA SINGH, MAHESHKUMAR JATASHANKAR THANKI, BHAVIN HARIHAR THANKI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- GRV & PKPeer-review certificate valid to Dec 2026
1 earlier auditor
- GRV&PKNamed in the filing for the quarter to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Glittek Granites AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 22 Sep 2026
10,479 shareholders on the register on 15 Sep 2026; present: 6 promoters and 46 others; votes counted by Foram Gohil / KJB & CO LLP.The company's voting result
Adoption of the audited financial statements of the Company for the financial year ended March 31, 2026 along with the Auditor's Report thereon and the Report of the Board of Directors of the Company for the said yearMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
Appointment of M/s. R. R. Tibrewala & Co., Chartered Accountants (ICAI FRN: 112387W), as the Statutory Auditor of the Company for a term of 5 (five) years, commencing from the conclusion of this 36th Annual General Meeting until the conclusion of the 41st Annual General Meeting of the CompanyMoreLess
Ordinary99.84% for0.16% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
Appointment of KJB & CO. LLP, Practicing Company Secretaries (ICSI FRN: L2020MH006601) as the Secretarial Auditor of the Company for a term of 5 (five) years commencing from the conclusion of this 36th Annual General Meeting until the conclusion of the 41st Annual General Meeting of the Company, based on the recommendation of the Board of Directors in view of the resignation of existing Secretarial AuditorMoreLess
Ordinary99.84% for0.16% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Regularisation of Appointment of Mr. Maheshkumar Jatashankar Thanki (DIN: 00045946) as a Director w.e.f. June 25, 2026OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
Appointment of Mr. Maheshkumar Jatashankar Thanki (DIN: 00045946) as the Chairperson and Whole-Time Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026 along with terms of appointment including remunerationMoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Regularisation of Appointment of Mr. Bhargav Girjashankar Thanki (DIN: 00046364) as a Director w.e.f. June 25, 2026OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
Appointment of Mr. Bhargav Girjashankar Thanki (DIN: 00046364) as the Managing Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026 along with terms of appointment including remunerationMoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Regularisation of Appointment of Mr. Bhavin Harihar Thanki (DIN: 00046393) as a Director w.e.f. June 25, 2026OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
Appointment of Mr. Bhavin Harihar Thanki (DIN: 00046393) as the Whole-Time Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026 along with terms of appointment including remunerationMoreLess
SpecialPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Appointment of Dr. Deependra Singh (DIN: 03020561) as an Independent Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Appointment of Mr. Sunil Kumar Bansal (DIN:00713868) as an Independent Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Appointment of Mrs. Kavita Rakesh Shah (DIN: 02566732) as an Independent Director of the Company for a period of 5 (five) years w.e.f. June 25, 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Alteration of Main Object Clause of Memorandum of Association of the CompanySpecial99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Change of name of the Company from "Glittek Granites Limited" to "Rawmin Neo Elements Limited"Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Shifting of registered office of the Company from the State of Karnataka (Bengaluru) to the State of Maharashtra (Mumbai)Special99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Enhancement of the borrowing limits of the Company pursuant to the provisions of Section 180(1)(c) and other applicable provisions of the Companies Act, 2013Special99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Creation of charge / mortgage over the undertaking / assets of the Company under Section 180(1)(a) of the Companies Act, 2013Special99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Enhancement of limits for granting loans, making investments, giving guarantees and providing securities under Section 186 of the Companies Act, 2013Special99.84% for0.16% against
Against: promoters 0.00% · institutions 0.00% · other public 2.84%
Turnout: all 74.76% · promoters 100.00% · institutions 0.00% · other public 14.16%
- Material Related Party Transaction(s) between (a) the Company and (b) the Promoters and the members of the Promoter Group of the CompanyOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 4.01% · promoters 0.00% · institutions 0.00% · other public 13.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.