Asian Granito promoter boosts stake with open market share purchase

Kamleshkumar B. Patel, chairman and managing director (promoter) of Asian Granito India Limited, announced on December 22, 2025, the acquisition of 300,000 equity shares from the open market. This transaction was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this acquisition, Patel and his Persons Acting in Concert (PACs) held 16,263,018 shares, representing 7.0126% of the total voting capital. The new purchase increases their collective holding to 16,563,018 shares, pushing their total voting rights to 7.1420%. The acquisition alone accounts for 0.1294% of the company's total diluted share/voting capital.

The total equity share capital of Asian Granito India Limited, as per the filing, stands at INR 231,91,16,490, divided into 23,19,11,649 equity shares of INR 10 each. The acquisition reflects a continued commitment from the promoter group.