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एशियन ग्रेनिटो इंडिया > कंपनी इतिहास > Ceramics & Granite > कंपनी इतिहास का एशियन ग्रेनिटो इंडिया - बीएसई: 532888, NSE: ASIANTILES

एशियन ग्रेनिटो इंडिया

बीएसई: 532888  |  NSE: ASIANTILES  |  ISIN: INE022I01019  |  Ceramics & Granite

कंपनी इतिहास - एशियन ग्रेनिटो इंडिया
We were incorporated on August 8, 1995, as Karnavati Fincap Private
 Limited, 
 for carrying on the business of a non-banking financial company, by
 Mr. Satish 
 Panchariya and Mr. Arun Panchariya. On August 29, 1995, we became a
 public 
 limited company and were renamed Karnavati Fincap Limited.
 Thereafter, our line 
 of business changed from finance to trading in cloth and on March 18,
 1999, we 
 were accordingly renamed Panchariya Textile Industries Limited.
 Subsequently, on 
 July 28, 2000, we wererenamed Vasudev Textile Industries Limited.
 Pursuant to an 
 acquisition by Mr. Kamleshbhai Patel, Mr. Hasmukhbhai Patel and Mr.
 Mukeshbhai 
 Patel, the promoters of Asian Tiles Limited, we received a fresh
 certificate of 
 incorporation on November 25, 2002, resulting in a change of our name
 to Asian 
 Granito India Limited. Our Company was incorporated with its
 registered office at 14, 
 Amar Chambers, 1st floor, Reid Road, Railwaypura, Ahmedabad - 380
 002. It was 
 further changed to 704 A/B, Sahajanand, Shahibaug Road, Shahibaug,
 Ahmedabad - 
 380 004 and back to 14, Amar Chambers, 1st floor, Reid Road,
 Railwaypura, Ahmedabad -
 380 002. On change of name to Asian Granito India Limited, the
 registered office was 
 shifted to 3rd floor, Empire Tower, B/H. Associate Petrol Pump,
 Panchwati, Ellise Bridge, 
 Ahmedabad - 380 006 and then to 2nd Floor, Beside Rajpath Club,
 Sarkhej - Gandhinagar 
 Highway Road, Ahmedabad - 380 054.
 
 In September 2002, the promoters of Asian Tiles Limited, a ceramic
 floor tiles 
 manufacturing unit in Idar, Gujarat, set up in 2000, took over the
 management of our 
 Company from our erstwhile promoters Mr. Ratnaram Rabari, Mr. Vijay
 Mehta and Mr. 
 Harish Jarmanwala by taking over our entire shareholding, for setting
 up a new industrial
 undertaking for manufacturing vitrified tiles at Dalpur village,
 Sabarkantha district, Gujarat.
 
 In the Financial Year 2002-03, our Promoters decided to set up a
 plant at Sabarkantha district. 
 The said district was notified as a backward district of Class 'B'
 under the Income Tax Act at 
 the time and thus the plant was entitled to a deduction of 100% of
 profits and gains under 
 section 80-IB of the Income Tax Act for the first three years and 30%
 of profit for the next five 
 years. As the Promoters already had considerable experience in the
 manufacture of ceramic
 floor tiles under the brand 'ASIAN TILES', our name was changed to
 Asian Granito India Limited.
 
 We set up our first facility for manufacturing vitrified tiles with a
 production capacity of 4000 
 square meters per day (33,580 metric tonnes per annum) and started
 commercial production 
 from October 2003. As we reached optimum capacity utilization within
 a period of nine to ten 
 months, we expanded the production facility by installing a second
 manufacturing line. Towards 
 the end of January 2005, we commenced commercial production from the
 second line. After 
 installation of this second line the capacity of our plant increased
 to 9000 square meters per 
 day (75,500 metric tonnes per annum). We were amongst the first
 manufacturers in India to 
 produce slab vitrified tiles of 905mm x 905mm. By October 2005, we
 again reached optimum 
 capacity utilization and planned to install a third manufacturing
 line. We commenced 
 commercial production from the third line in July 2006. Thus, after
 this expansion, the installed 
 capacity of the plant has become 14,000 square meters per day
 (117,500 metric tonnes per
 annum).
 
 In March 2006, we acquired approximately 100% equity shares of our
 Subsidiary, Asian 
 Tiles Limited, to make it a wholly owned subsidiary.
 
 Major Events
 
 The chronology of key events of our Company since incorporation is
 set out below:
 
 Calendar year          Events
 
       1995              Incorporation and commencement of business
 
       1999              Change in the management of our Company and
 thereby change in the 
                              nature of our business from finance and
 investment activities to trading in 
                              textiles
 
       2000              Change in the management of our Company
 
       2002              Take over of the management by our Promoters
 and consequent change 
                               in our business to manufacture of
 vitrified tiles
 
       2003              Setting up of the vitrified tiles plant at
 Himmatnagar
 
       2004              Receipt of ISO 9001:2000 certificate
 
       2005              Increase in capacity of our plant by 5000
 square meter per day taking the 
                              capacity to 9000 square meter per day
 
       2006              * 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
 
                              * We acquired approximately 100% shares
 of Asian Tiles Limited making it our
                               wholly owned subsidiary
 
 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
 
 
 
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : HDFC Bank का Q2 मुनाफा अनुमान से बेहतर
  • NEWS FLASH EVE : मुनाफा `6345 Cr (`6107 Cr अनुमान था)
  • NEWS FLASH EVE : NII `13,515 Cr (`13,887.6 Cr का अनुमान था)
  • NEWS FLASH EVE : मुनाफा `5010 Cr से बढ़कर `6345 Cr (YoY)
  • NEWS FLASH EVE : ग्रॉस NPA 1.40% से घटकर 1.38% (QoQ)
  • NEWS FLASH EVE : नेट NPA 0.43% से घटकर 0.42% (QoQ)
  • NEWS FLASH EVE : प्रोविजनिंग `2614 Cr से बढ़कर `2701 Cr (QoQ)
  • NEWS FLASH EVE : मुनाफा `73.4 Cr से बढ़कर `91.4 Cr
  • NEWS FLASH EVE : NII `810 Cr से बढ़कर `980 Cr
  • NEWS FLASH EVE : ग्रॉस NPA 1.96% से बढ़कर 2.09% (QoQ)

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