Description
Asian Granito India Limited lists 8,48,66,333 new equity shares on BSE effective July 29, 2025, pursuant to scheme of arrangement with multiple group companies.
Summary
Asian Granito India Limited (Scrip Code: 532888) has listed 8,48,66,333 new equity shares of Rs. 10/- each on BSE, effective from Tuesday, July 29, 2025. The shares were issued pursuant to a Scheme of Arrangement involving Asian Granito India Limited and eight other group companies including Affil Vitrified Private Limited, Ivanta Ceramics Industries Private Limited, and others.
Key Points
- 8,48,66,333 new equity shares of Rs. 10/- each listed
- Trading permitted from July 29, 2025
- ISIN: INE022I01019
- Distribution numbers: 147045317 - 231911649
- Allotment date: July 02, 2025
- Part of comprehensive scheme of arrangement involving 9 companies
Regulatory Changes
No specific regulatory changes mentioned in this circular.
Compliance Requirements
Trading members are informed about the new securities listing and permitted trading effective from the specified date.
Important Dates
- Allotment Date: July 02, 2025
- Trading Commencement: July 29, 2025
- Notice Date: July 28, 2025
Impact Assessment
The listing represents a significant corporate restructuring through scheme of arrangement involving multiple group companies in the ceramics/tiles industry. This could consolidate operations and potentially improve operational efficiency within the Asian Granito group structure.
Impact Justification
Significant new equity listing involving corporate restructuring scheme affecting multiple group companies