Asian Granito India Ltd. Enters Joint Venture Agreement with Shudh Investments Limited and Klyn Stone Limited of UK for Trading Business

Asian Granito India Ltd. has entered into a Joint Venture Agreement with Shudh Investments Limited and Klyn Stone Limited of UK to acquire shares of Klyn AGL Limited, a Joint Venture Company incorporated in England & Wales to do trading business of Large Porcelain Slabs, all type of tiles and Quartz products. The Company has received the confirmation statement from Companies House in England & Wales on 09.12.2024. The Joint Venture Company, Klyn AGL Limited, will be doing trading business in and around United Kingdom. The Company and UK Entities can appoint two Directors each on the Board of JVC. Each parties has a right to subscribe additional shares of JVC in the ratio of their existing shareholding.