Description
Asian Granito India Limited lists 8,48,66,333 new equity shares pursuant to a scheme of arrangement with multiple entities, effective July 29, 2025.
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 group entities including Affil Vitrified Private Limited, Ivanta Ceramics Industries Private Limited, and several other related companies.
Key Points
- 8,48,66,333 new equity shares of face value Rs. 10/- each listed
- Shares issued under scheme of arrangement involving 9 group entities
- ISIN: INE022I01019
- Distinctive numbers: 147045317 - 231911649
- Allotment completed on July 02, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard listing of new securities following corporate restructuring.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Standard trading and settlement procedures apply
- Corporate action adjustments may be required for existing positions
Important Dates
- Allotment Date: July 02, 2025
- Trading Commencement: July 29, 2025
- Notice Date: July 28, 2025
Impact Assessment
The listing represents a significant increase in the company’s equity base through corporate restructuring. The scheme of arrangement consolidates multiple group entities under Asian Granito India Limited, potentially improving operational efficiency and simplifying the corporate structure. Trading members and investors should note the substantial increase in share count for position sizing and liquidity considerations.
Impact Justification
Standard new securities listing with significant volume but routine corporate restructuring