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Asian Granito India LimitedUpdates, 07-07-2025: Scheme of Arrangement

07-07-2025 | 06:54 pm

Asian Granito India Limited has announced receipt of the National Company Law Tribunal (NCLT) order relating to its proposed Composite Scheme of Arrangement with Adicon Ceramica Tiles Pvt Ltd and Adicon Ceramics Ltd, along with their shareholders and creditors. This order advances the company's restructuring plans aimed at consolidating operations and enhancing business efficiency, which could lead to streamlined operations and potential value creation for stakeholders. The relevant order is available on the company’s website for investor reference.

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