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Board of Asian Granito India approves rights issue up to Rs 225 cr

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Capital Market

At meeting held on 14 July 2021

The Board of Asian Granito India at its meeting held on 14 July 2021 has approved raising of funds for an amount not exceeding Rs 225 crore by way of issue of rights shares.

The board also approved increasing the authorised share capital of the company from Rs 47.50 crore to Rs 65 crore and alter the memorandum of association accordingly.

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First Published: Jul 14 2021 | 3:21 PM IST

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