Board of Asian Granito India approves sub-division of shares and fund raising up to Rs 400 cr

At meeting held on 23 October 2020

The Board of Asian Granito India at its meeting held on 23 October 2020 has approved the following:

Increase in authorised share capital to Rs 45 crore.

Sub-division of equity shares from Rs 10 each to Rs 2 each.

Raising of funds up to Rs 400 crore either through issue of debt or equity.

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