Announced Sat, 27 Jun · 15:56 IST
Asian Granito completes transfer of 26% stakes in two associates to subsidiary
Strategic Transactions View source PDF
ASIANTILES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.3%1-day move
₹54.26
prior close
₹54.36
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.4-1.1-2.2-0.3-2.2-3.7-7.3-8.7-10.4-14.5———
Up moveDown movePending
AI summary
Asian Granito India Limited has completed the transfer of its entire 26 percent equity stake in AGL Proteins Private Limited and Allomex Steel Private Limited to AGL Industries Limited, a wholly-owned subsidiary, on 27 June 2026. After the transfer, both companies have stopped being associates of Asian Granito and have become associates of AGL Industries instead.
Likely market impact
Internal group restructuring with no direct impact on shareholders; financial position remains consolidated within the group.