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Board of Asian Granito India approves sub-division of shares and fund raising up to Rs 400 cr

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Capital Market

At meeting held on 23 October 2020

The Board of Asian Granito India at its meeting held on 23 October 2020 has approved the following:

Increase in authorised share capital to Rs 45 crore.

Sub-division of equity shares from Rs 10 each to Rs 2 each.

Raising of funds up to Rs 400 crore either through issue of debt or equity.

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First Published: Oct 23 2020 | 5:30 PM IST

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