Asian Granito (AGIL) announced a strategic capital infusion of INR 2.20 Cr into its associate, Nepovit Ceramic (NCPL) in Nepal.

Asian Granito India LimitedASIANTILES · Filed with the exchange

This investment aims to fund NCPL's project costs and provide working capital to commence business operations.

While AGIL's 25% shareholding in NCPL remains unchanged, this move reinforces its commitment to the ceramic sector and expands its footprint in Nepal.

The company expects a positive strategic impact on its consolidated operations, aligning with its core business strategy.

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Asian Granito (AGIL) announced a strategic capital infusion of INR 2.20 Cr into its associate, Nepovit Ceramic (NCPL) in Nepal.

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