Asian Granito Completes Stake Disposal in Subsidiaries

Asian Granito India Ltd has announced the completion of the transfer of its entire 26% equity stake in AGL Proteins Private Limited and Allomex Steel Private Limited to its wholly-owned subsidiary, AGL Industries Limited. This transaction, effective June 27, 2026, means that AGL Proteins and Allomex Steel are no longer associate companies of Asian Granito India Ltd but have become associate companies of AGL Industries Limited. The company had previously disclosed this proposed transfer on May 30, 2026. All necessary information as per SEBI regulations has been submitted to the stock exchanges and is also available on the company's website.