Asian Granito India has received its board’s approval to transfer 30,75,000 Equity shares, constituting 9.46% of total share capital, of Astron Paper and Board Mill.
Thus, the company’s present investment of 36.46% in Astron Paper will reduce to 27%. The company's board gave approval for the same at the meeting held on March 31, 2017.
Total volume of shares traded on the bourses today was lower by 75.95% to 94,653 compared with 22-day average volume of 393,542.
Shares of the company gained Rs 2.9, or 0.8%, to trade at Rs 366.25. The total volume of shares traded was 56,446 at the BSE (1.03 p.m., Friday).