Ahmedabad (Gujarat) [India], Aug 10 (ANI): Home decor major Asian Granito Ltd (AGL) said on Tuesday it has divested 87.75 lakh equity shares (18.87 per cent) in Astron Paper and Board Mills Ltd through a block deal for Rs 46.94 crore.
Asian Granito Ltd approves allotment of 2,88,888 Equity Shares pursuant to conversion of Warrant
Posted On: 2021-03-08 09:07:12 (Time Zone: Arizona, USA)
Asian Granito Ltd had passed special resolution in respect of Issue of Warrants, Convertible into Equity Shares on Preferential Basis at the Extraordinary General Meeting of the Members held on Friday, 05th April, 2019. Subsequently Company has received In-principle approval from the stock exchanges and the Board of Directors have allotted 47,00,000 fully convertible warrants on Preferential Basis at Rs. 10/- (Rupees Ten only) each at a premium of Rs. 170/- each by way of passing circular resolution dated 09th September, 2019.