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Asian Granito Announces Court-Convened Creditors Meeting for Demerger Scheme

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Asian Granito Announces Court-Convened Creditors Meeting for Demerger Scheme

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Asian Granito India Limited ( (IN:ASIANTILES) ) has shared an update.

Asian Granito India Limited has announced a court-convened meeting for its unsecured creditors as part of a Composite Scheme of Arrangement involving a demerger with Adicon Ceramica Tiles Private Limited and Adicon Ceramics Limited. This meeting, scheduled for September 18, 2025, aims to consider and potentially approve the scheme, which could impact the company’s operational structure and stakeholder interests.

More about Asian Granito India Limited

Asian Granito India Limited operates in the ceramics industry, focusing on the production and distribution of tiles and related products. The company is known for its innovative designs and quality offerings, catering to both domestic and international markets.

Average Trading Volume: 69,757

Technical Sentiment Signal: Sell

Current Market Cap: 13.27B INR

Learn more about ASIANTILES stock on TipRanks’ Stock Analysis page.

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