Asian Granito India Limited — JV/Acquisition, 12-06-2026: Acquisition

Asian Granito (AGIL) announced a strategic capital infusion of INR 2.20 Cr into its associate, Nepovit Ceramic (NCPL) in Nepal. This investment aims to fund NCPL's project costs and provide working capital to commence business operations. While AGIL's 25% shareholding in NCPL remains unchanged, this move reinforces its commitment to the ceramic sector and expands its footprint in Nepal. The company expects a positive strategic impact on its consolidated operations, aligning with its core business strategy.