Description

Asian Granito India Limited lists 8.48 crore equity shares worth Rs. 10 each following scheme of arrangement with multiple entities.

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 July 29, 2025. These shares were issued pursuant to a Scheme of Arrangement involving multiple entities including Affil Vitrified Private Limited, Ivanta Ceramics Industries Private Limited, Crystal Ceramic Industries Limited, and several other related companies.

Key Points

  • 8,48,66,333 new equity shares of Rs. 10/- each listed
  • Shares issued under comprehensive Scheme of Arrangement
  • Multiple entities involved in the restructuring scheme
  • ISIN: INE022I01019
  • Distribution numbers: 147045317 - 231911649

Regulatory Changes

No specific regulatory changes mentioned in this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Normal trading rules and regulations apply to the newly listed shares

Important Dates

  • Allotment Date: July 2, 2025
  • Trading Commencement: July 29, 2025 (Tuesday)
  • Circular Date: July 28, 2025

Impact Assessment

The listing of approximately 8.49 crore new equity shares significantly increases the company’s issued and paid-up capital, potentially affecting stock liquidity and market capitalization. The scheme of arrangement indicates substantial corporate restructuring involving multiple related entities, which may lead to operational synergies and improved business efficiency.

Impact Justification

Significant equity listing of 8.48 crore shares following corporate restructuring affects stock liquidity and market capitalization