Asian Granito India has informed that the Company had passed special resolution in respect of Issue of Warrants, Convertible into Equity Shares on Preferential Basis at the Extraordinary General Meeting of the Members held on Friday, 05th April, 2019. Subsequently Company has received In Principle approval from the stock exchanges and the Board of Directors have allotted 47,00,000 fully convertible warrants on Preferential Basis to the persons as mentioned below at Rs. 10 each at a premium of Rs 170 each by way of passing circular resolution dated 09th September, 2019.
The above information is a part of company’s filings submitted to BSE.
