ASI Industries gets nod to sell entire stake in Al Rawasi Rocks & Aggregate

ASI Industries Ltd. | Mining & Minerals | Metals & Mining | BSE: 502015 | NSE: ASOCSTONE

15 Jun 2022 Evaluate

ASI Industries (ASI) has received an approval for the sale of entire investment in Al Rawasi Rocks & Aggregate LLC, Fujairah, UAE, held by the Company and its Subsidiary ASI Global, Mauritius, to Injaz Capital Inestment LLC, Dubai, UAE as per the MoU signed between the parties. The Board of Directors of the Company at its meeting held on June 15, 2022, has approved the same.

ASI Industries (ASI), the world’s largest stone mining company and commenced its operations in 1945 in pre-independence India. The company has long and distinguished history of supplying customers with high quality Kotah stone products

Peers

Company Name	CMP
Coal India	413.90
NMDC	80.25
Ashapura Minechem	538.40
Sandur Manganese	183.85
GMDC	559.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.