Asian Granito India has acquired 91,50,000 equity shares which amounts to 61% total equity share capital of ‘Gresart Ceramica’, Step-down Subsidiary of the company from Amazoone Ceramics which is a Material Subsidiary of the company. Accordingly, Gresart Ceramica has become a subsidiary of the company.
Asian Granito India is one of the top four Indian ceramic Companies engaged in the business of manufacturing, and trading of Ceramic Wall, Floor, Vitrified Tiles, Marble & Quartz Headquartered in Gujarat.