ASIAN GRANITO INDIA LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2021 ,inter alia, to consider and approve Please take note that the next meeting of the Board of Directors of the Company will be held on Friday, 6th August, 2021 at the Registered Office of the Company at 11:00 AM regarding the following matters: 1. To consider and approve the Standalone and Consolidated Unaudited Financial Results for the quarter ended on 30th June, 2021. 2. To consider any other matter with the permission of the Chair.
In continuation with our earlier report submitted on 5th June, 2021, please find enclosed a report on violation of Company''s Code of Conduct under SEBI (Prohibition of Insider Trading) Regulations, 2015 after mentioning details of deposit of fine with IPEF in field no 8 of this report. Request you to take note of the same.
Please find enclosed herewith the copies of Newspaper publications published in Business Standard (English) and Jai Hind (Gujarati) on 20th July, 2021 in connection with the forthcoming Extra-Ordinary General Meeting and E-Voting Procedure.
1. To approve a proposal for raising of funds to become debt free and for expansion etc. Accordingly, the Board approved the offer and issuance of fully paid-up equity shares of the Company (the 'Equity Shares') for an amount not exceeding Rs. 225 Crore (Rupees Two Hundred Twenty Five Crore Only) by way of a rights issue to the eligible equity shareholders of the Company as on the record date (to be determined and notified subsequently), in accordance with applicable laws, including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, subject to such approvals, as may be required under the applicable laws ('Rights Issue'). For the purposes of giving effect to the Rights Issue, the detailed terms in relation to the Rights Issue, including but not limiting to the issue price, rights entitlement ratio, record date, timing and terms of payment will be determined in due course.