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Asian Granito India informs about allotment of fully convertible warrants

13 Jun 2023 Evaluate
Asian Granito India has informed that the Company had passed Special Resolution for Issue of Warrants, Convertible into Equity Shares on preferential basis thorough Postal Ballot Notice dated 25th April, 2023 which was approved by shareholders on 25th May, 2023. Subsequently, the Company has received in-principle approval from the Stock Exchanges. In this regards, the Board of Directors has approved, by way of passing circular resolution dated 12th June, 2023, allotment 2,03,00,000 Fully Convertible Warrants at a price of Rs 48.15 per convertible warrant to following Applicants belonging to Promoter and Non-promoter Category on preferential basis upon receipt of 25% of issue price in accordance with provisions of SEBI (ICDR) Regulations 2018.

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

Asian Granito India Share Price

75.34 2.26 (3.09%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1178.20
Somany Ceramics 441.15
Cera Sanitaryware 5332.20
Asian Granito India 75.34
Pokarna 928.60
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