ALFA Filings
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Asian Granito's Sharjah subsidiary will dilute its shareholding from 100% to 51% via fresh equity issuance. The entity will transition from a wholly-owned to a majority-owned subsidiary.
Asian Granito approved converting a ₹3.38 Crore loan into equity in HSM Sharjah. Subsequent fresh issuance to third parties will dilute company's stake from 100% to 51%.
Asian Granito completed the disposal of its 26% stake in AGL Proteins and Allomex Steel. These entities are now associate companies of its subsidiary.
Asian Granito India is transferring its 26% stake in two associate entities to a wholly-owned subsidiary for ₹0.07 Crore. This internal restructuring consolidates group holdings.