Asian Granito Completes Disposal of 26% Equity Stake in Two Associate Companies
Asian Granito India Limited has completed the transfer and disposal of its equity stake in two associated companies: AGL Proteins Private Limited and Allomex Steel Private Limited. The transaction was finalized on June 27, 2026.
The transfer involved Asian Granito India Limited's entire 26% equity holding in both AGL Proteins Private Limited and Allomex Steel Private Limited. This stake was transferred to AGL Industries Limited, which is a Wholly-owned Subsidiary of Asian Granito India Limited.
Following the successful completion of the disposal, AGL Proteins Private Limited and Allomex Steel Private Limited have ceased to be Associate Companies of Asian Granito India Limited. They are now associated with AGL Industries Limited, a Wholly-owned Subsidiary of Asian Granito India Limited.
ASIANTILES Stock Price Movement
Asian Granito India Limited shares shed 1.47% on Thursday, settling at ₹54.36 after trading significantly lower from the previous close. This decline saw the stock fall to near its 52-week lows, amid which 1.39 million shares were traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.