Asian Granito India Limited — Important, 11-08-2025: General Updates

Asian Granito India Ltd is convening a meeting for its unsecured creditors to consider and potentially approve a Composite Scheme of Arrangement. This scheme involves a demerger between Asian Granito India Limited, Adicon Ceramica Tiles Private Limited, and Adicon Ceramics Limited, along with their respective shareholders and creditors. This crucial step supports a restructuring process aiming to streamline operations. The company has dispatched notices regarding this significant corporate development.