Beacon Stone Capital bought 14.75 lakh shares of Asian Granito India for ₹8.78 Cr at ₹59.53 apiece in a bulk deal.
A leading ceramics manufacturer in India, Asian Granito produces and distributes tiles, marble, and related products for residential and commercial applications. Established in 1995, the company operates across manufacturing and trading of ceramic tiles and natural stone products. Its vertically integrated approach to production, distribution, and retail positioning makes it a significant player in India's building materials and home décor sector.
Beacon Stone Capital is a Singapore variable capital company that is an active anchor investor in Indian SME and listed equity offerings.
