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Asian Granito India LimitedOthers, 13-08-2025: Copy of Newspaper Publication

13-08-2025 | 07:16 pm

Asian Granito India Limited has announced NCLT-convened meetings for its equity shareholders, secured, and unsecured creditors. The purpose of these meetings is to approve a Composite Scheme of Arrangement, which involves a demerger between Asian Granito India Limited, Adicon Ceramica Tiles Private Limited, and Adicon Ceramics Limited. This corporate restructuring aims to streamline operations and is significant for shareholders and creditors, as it could unlock new value. Meetings for equity shareholders will be held virtually, while creditor meetings will be physical.

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