Asian Granito India Ltd disclosed that its promoters and their Persons Acting in Concert (PAC) have not created any fresh encumbrance on their shareholdings during FY 2025-26. The confirmations were submitted to the stock exchanges on April 04, 2026, pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures confirm that no charges were created directly or indirectly on the shares held by the promoter group, other than those already reported to the exchanges.

The filing covers seven promoters, including Kamleshkumar B. Patel, the Chairman and Managing Director. The disclosures were addressed to the Corporate Relations Departments of the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. The company's audit committee was also marked as a recipient of the individual confirmations.

Shareholding Details

The promoters and their PACs hold significant stakes in the company. Mukeshbhai J. Patel holds the largest share among the disclosed promoters, followed by Bhaveshkumar V. Patel and Girishbhai N. Patel. The table below details the holdings subject to the disclosure.

The disclosures confirm that the shareholding structure remains stable with no additional leverage or encumbrance reported against these specific holdings during the financial year. The filings were signed individually by the respective promoters.

Asian Granito India Limited has approved a capital contribution of NPR 3.47 Cr in its associate company, Nepovit Ceramic Private Limited (NCPL), to support project costs and working capital needs. The Administrative Committee of Asian Granito India Limited sanctioned the proposal on June 12, 2026. The investment involves a cash consideration of NPR 3,47,67,000, equivalent to up to INR 2.20 Crore, and will be executed at arm’s length.

The capital infusion is designated for NCPL, a foreign associate company based in Nepal incorporated on October 10, 2023. The funds are expected to facilitate the commencement of business operations. The business of NCPL aligns with the main operations of Asian Granito India Limited, and the transaction is anticipated to have a positive strategic impact on the company's consolidated operations.

Investment Details

The investment falls within the ambit of related party transactions as NCPL is an associate company. The company currently holds 25% of the share capital in NCPL, and this percentage will remain unchanged following the proposed investment. The cost of acquisition is set at NPR 100 per share.

Financial Overview of Nepovit Ceramic Private Limited

The company has previously invested NPR 6,52,33,000 in NCPL. No new entity acquisition is involved in this transaction, which represents an increase in capital contribution to the existing subsidiary.