Brief: Asian Granito India to consider share allotment

Asian Granito India

15/07/2016 12:14

July 15 (Reuters) - Asian Granito India Ltd  ASGI.NS : 
 * To consider allotment of shares pursuant to approved amalgamation between 
   artistique ceramics and Asian Granito 
 
 * Source text: 
Asian Granito India Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2016, inter alia, to consider the following matters: 
 
1. To allot equity shares pursuant to approved Scheme of Arrangement in nature of amalgamation by Hon'ble High Court of Gujarat between Artistique Ceramics Private Limited and Asian Granito India Limited and their respective shareholders and creditors. 
 
2. To take note of change in object clause of the Company pursuant to the approved Scheme. 
 
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