Asian Granito India Ltd
NSE: ASIANTILES BSE: 532888
₹71.26
(-2.40%)
Wed, 04 Mar 2026, 04:38 am
Market Cap16.52B
PE Ratio21.19
Dividend0
Producer Manufacturing
Building Products
24.5KCompany History
1995
- The Company was incorporated as Karnavati Fincap Private Limited.
- The Company became a public limited company and was renamed Karnavati Fincap Limited.
1999
- The Company was renamed Panchariya Textile Industries Limited.
2000
- The Company was renamed Vasudev Textile Industries Limited.
2002
- The promoters of Asian Tiles Limited took over the management of the Company.
- The Company received a fresh certificate of incorporation resulting in a change of name to Asian Granito India Limited.
- The Company set up a plant at Sabarkantha district for manufacturing vitrified tiles.
2003
- The Company started commercial production of vitrified tiles.
2005
- The Company commenced commercial production from the second line.
- The capacity of the plant increased to 9000 square meters per day after installation of the second line.
2006
- The Company commenced commercial production from the third line.
- The Company acquired approximately 100% equity shares of its Subsidiary, Asian Tiles Limited, to make it a wholly owned subsidiary.
- Receipt of registration of trademark asiyana Tiles
- Increase in capacity by 5000 square meter per day taking the capacity to 14000 square meters per day
2008
- Asian Granito India Ltd has appointed Mr. Ajendrakumar Patel as Additional Director in its meeting held on July 29, 2008.
- Registered Office of the Company has been shifted From 2nd Floor City Mall, Besides Rajpath Club, S G Highway, Ahmedabad - 380054 To 202, Dev Arch, Opposite Iskon Tample, S G Highway, Ahmedabad - 380059
2010
- Mr. Jigar Harshadkumar Shah has been appointed as a Company Secretary and Compliance Officer of the Company.
2011
- Mr. Bhavesh Ghaghda has been appointed as Company Secretary and Compliance Officer of the Company.
2012
- The Company has entered into a joint venture agreement with Panariagroup Industrie Ceramiche S.P.A, a Company incorporated under the laws of Italy for marketing and sale of tiles.
- The Board of Directors and members of the Company has allotted 11,00,000 number of Equity Shares & 20,42,500 Convertible Warrants on Preferential Basis at Rs. 10/- each at a premium of Rs. 40/- each.
- The Company has formed a Joint Venture Company named Asian Build Mart Tanzania Ltd. with a local partner M/s. Wintech Elevators Tanzania Ltd. a Company incorporated under laws of Tanzania for expansion of business.
2013
- Asian Granito India Ltd has appointed Dr. Indira Nityanandam as Additional Director of the Company.
2014
- The Company has acquired 100% Shares of M/S. AGL Industries Limited
2015
- The company has approved the Scheme of Amalgamation of Artistique Ceramics Private Ltd. with Asian Granito India Ltd.
- The Company is pleased to announce to launch its new product SLIMGRES the thinnest tile ever made in India
2016
- Asian Granito India Ltd has New product Launch: 1000x1000mm Jumbo Double Charge Vitrified Tiles and 800x800mm Imperio Double Charge Vitrified Tiles.
- Asian Granito wins 12 Lakhs sq.meters order for its recently launched: 1000x1000mm Jumbo Double Charge Vitrified Tiles and 800x800mm Imperio Double Charge Vitrified Tiles.
- Asian Granito adds 2 new products to its portfolio
- Asian Granito gains on huge order for jumbo vitrified tile
- Asian Granito gets HC nod for amalgamation of Artistique Ceramics
- Asian Granito India - New products Launch in BONZER
2017
- Asian Granito enters into JV with Paramshree Granito Pvt Ltd for setting up a green field facility for Quartz stone at Prantij in Himmatnagar, Gujarat.
2018
- Company has successfully launched AGL Tiles products for all Verticals.
2019
- Asian Granito bags orders worth Rs. 175 crore.
- Asian Granito opens its Largest tiles and Sanitaryware display showroom in Himmatnagar.
2021
- The company issued rights shares of Rs. 10 in the ratio of 19:29 at a premium of Rs. 90 per share.
2022
- The company issued rights shares of Rs. 10 in the ratio of 37:30 at a premium of Rs. 53 per share.
- Asian Granito India Ltd completes land acquisition for its Three New Greenfield Manufacturing Plants in Morbi, Gujarat.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800