MoneyWorks4Me

Asian Granito India informs about outcome of board meeting

22 Sep 2016 Evaluate

Asian Granito India has informed that the Board of Directors of the Company has given approval in its meeting held on September 22, 2016 to extend the Corporate Guarantee of Rs 46.50 crores in favor of Crystal ceramic Industries. The total Corporate Guarantee (as on date) given by the Company in favor of Crystal Ceramic Industries is Rs 171.50 crores.

The above information is a part of company’s filings submitted to BSE.

Peers