India, Sept. 11 -- Asian Granito India Limited said in a filing to BSE that the Company had passed special resolution in respect of Issue of Warrants, Convertible into Equity Shares on Preferential Basis at the Extraordinary General Meeting of the members held on Friday, 05th April, 2019.

Further, the Company has received ln Principle approval from the stock exchanges and the Board of Directors have allotted 47,00,000 fully convertible warrants on Preferential Basis to the persons as mentioned below at Rs. 10/- (Rupees Ten only) each at a premium of Rs. 170 /- each by way of passing circular resolution dated 09th September, 2019.

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