Asian granito India Limited has successfully completed the regulatory approval process for listing and trading of 6,45,63,636 equity shares issued under a composite scheme of arrangement. The company received formal approvals from both major stock exchanges, enabling the commencement of trading activities for the newly issued shares.

Stock Exchange Approvals

The company secured listing approvals from both stock exchanges on March 30, 2026. BSE Limited and National Stock Exchange of India Limited granted simultaneous approval for the equity shares of Rs. 10/- each, bearing distinctive numbers from 231911650 to 296475285.

Composite Scheme Details

The equity shares were issued pursuant to a composite scheme of arrangement approved under sections 230 to 232 and other applicable provisions of The Companies Act, 2013. The scheme involves three entities with specific roles in the corporate restructuring.

Trading Commencement

Trading approval from both BSE and NSE was received on April 08, 2026, with actual trading activities commencing from April 09, 2026. The National Stock Exchange confirmed that all market participants are authorized to trade in the newly listed securities under the symbol "ASIANTILES" in the EQ series.

Regulatory Compliance

The approvals were granted in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company fulfilled all necessary documentation requirements, including confirmation from depositories NSDL and CDSL regarding the crediting of shares to beneficiaries' accounts.

The successful completion of this listing process represents a significant milestone in the corporate restructuring initiative, providing enhanced liquidity and market access for the newly issued equity shares. Asian Granito India Limited operates in the tiles, marble, quartz, and bathware segments, maintaining its registered and corporate office in Ahmedabad, Gujarat.

Asian granito India Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations. The submission demonstrates the company's adherence to securities market compliance standards for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both major Indian stock exchanges on April 6, 2026. The filing was addressed to the Corporate Relations Departments of BSE Limited and National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The registrar issued the confirmation certificate dated April 1, 2026, certifying compliance with dematerialization procedures during the quarter.

The certificate confirms that securities received from depository participants for dematerialization were properly processed and confirmed to depositories within prescribed timelines. MUFG Intime verified that all security certificates received were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Corporate Information

Asian Granito India Limited operates from its registered and corporate office located at 202, Dev Arc, opposite Iskcon Temple, S.G. Highway, Ahmedabad, Gujarat. The company holds CIN L17110GJ1995PLC027025 and trades under company codes 532888 on BSE and ASIANTILES on NSE.

The filing was digitally signed by Company Secretary and Compliance Officer Dhruti Trivedi, ensuring authenticity and regulatory compliance. This quarterly submission represents part of the company's ongoing commitment to maintaining transparency and adhering to securities market regulations.