Asian Granito India Ltd has informed BSE that the Shareholders of the Company at its meeting held on May 08, 2008, has unanimously approved the Scheme of amalgamation of Asian Tiles Ltd (a 100% subsidiary of Company) with the Company pursuant to the order of Hon'ble High Court of Gujarat. Asian Granito India Ltd has informed BSE that the Company has filed the petition of amalgamation in respect of amalgamation of Asian Tiles Ltd with the Company with the High Court of Gujarat and the High Court has issued order in this respect fixing the date of hearing on January 27, 2009. Further the Company has informed that, Asian Tiles Ltd is a wholly owned subsidiary of the Company and therefore there will not be issue of any new shares. (As Per BSE Announcement Website dated on 13.01.2009) Asian Granito India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 30, 2009, has decided the following: 1. The Board of Directors took note of the Order of the Gujarat High Court, dated September 17, 2009 sanctioning the scheme of amalgamation of Asian Tiles Ltd. with Asian Granito India Ltd. w.e.f. April 01, 2008 and also considered and approved financial results of the Company after giving effect of the Order of the High Court. 2. In view of the very good response to the wall tile product of the Company the Board of Directors decided to increase the existing capacity of its wall tile plant unit from 9300 sq.mt. per day to 22,000 sq. mtr. per day. 3. The Board of Directors decided to start following backward integration projects to control the cost of production and rising captive requirements: (i) Corrugated box (for tiles packaging). (ii) Zirconium silicate (material for vitrified tiles). (iii) Frit (material for tiles) All the above mentioned products will be manufacture in house in the factory and will be captively consumed. (As Per BSE Announcement Website dated on 06.10.2009)