Asian Granito India Limited has informed the Exchange regarding 'Report of the Audit Committee and Independent Directors'.

Asian Granito India Limited has submitted reports from its Audit Committee and Independent Directors certifying that proceeds from sale of fractional shares have been distributed to eligible shareholders. This relates to a Composite Scheme of Arrangement involving Asian Granito, Affil Vitrified, Ivanta Ceramics Industries, and Crystal Ceramic Industries, which was sanctioned by the NCLT Ahmedabad Bench on 12 June 2025 and became effective on 01 July 2025. Under the scheme, share exchange ratios were set at 73 AGIL shares for every 40 AVPL shares, 479 AGIL shares for every 12 ICIPL shares, and 695 AGIL shares for every 426 CCIL shares. The 34 consolidated fractional shares were sold on 23 September 2025 at an average price of Rs. 61.60, generating gross proceeds of Rs. 2,069.46, with Rs. 2,039.29 distributed to eligible shareholders after deductions.