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Asian Granito India Ltd. (AGL) - Share Price


Asian Granito India Ltd. (AGL) - Share Price

We were incorporated as KarnavatiFincap Private Limited on August 8, 1995. Following subsequent changes in the company, promoters took over the management in 2002. In March 2006, we acquired approximately 100% equity shares of Asian Tiles Limited to make it a wholly owned subsidiary. We signed a joint venture agreement with PanariagroupIndustrieCeramicheSpA in 2012: Ceramic Surfaces – a company incorporated under Italy's tile marketing and sale. In addition, the Board of Directors and the company's members allocated 11 lakh equity shares and 20,42,500 preferential - based convertible warrants at 10 rupees each and at a premium of 40 rupees each. The company collaborated with a local partner M/s Wintech Elevators Tanzania Ltd. for business expansion. In 2015 and 2016, we launched a number of products in AGL.


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