Glittek Granites Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on April 08, 2008, inter alia, have approved the following resolutions by requisite majority:

1. Preferential issues of 78,26,000 Equity Shares of Rs 5/- each at a premium of Rs 0.75 per share aggregating Rs 4,49,99,500.00 to the persons specified in the resolution No. 2 of the Notice of EGM.

2. Increase and reclassification of Authorized Capital specified being item No 1 of the EGM Notice, vide which the Authorizes Share Capital shall be Rs 14,00,00,000/- divided into 2,80,00,000 Equity Shares of Rs 5/- each.

3. Re-appointment of Sri. Kamal Kumar Agarwal and Sri. Ashoke Agarwal as Managing and Joint Managing Director respectively of the Company for a period of 5 years effective from April 01, 2008 on the terms and conditions.