Asian Granito Approves FY26 Audited Financial Results

Asian Granito India Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They also approved the sale of the company's 26% equity stake in AGL Proteins Private Limited and Allomex Steel Private Limited to AGL Industries Limited, a wholly-owned subsidiary. The transactions are related party transactions and will be conducted at arm's length based on a valuation report. AGL Proteins' turnover was ₹32.11 Cr (1.73%) and net worth ₹0.25 Cr (0%). Allomex Steel's turnover and net worth were ₹0. The sales are expected to complete within one month of approval, with consideration of ₹6,63,000 for AGL Proteins and ₹26,000 for Allomex Steel.