Hemendrakumar Shah resigns as Asian Granito India Director; Stock ends lower

Shah has also resigned as an Independent Director and Audit Committee Chairman from the company’s subsidiary Crystal Ceramic Industries.

Jun 17, 2021 03:06 IST India Infoline News Service

Asian Granito India Limited informed the exchanges Wednesday that Hemendrakumar Shah, Independent Director of the Company has resigned from the post of Chairman and member of Audit Committee of the Company with effect from June 16, 2021, due to his personal reasons. However, he continues to serve as an Independent Director on the Board of the Company.

Hemendrakumar Shah, Independent Director of the Company has also resigned as an Independent Director and Audit Committee Chairman from Crystal Ceramic Industries Private Limited, Material Unlisted Subsidiary Company of the Company with effect from June 16, 2021 due to his personal reasons.

Asian Granito India Ltd trade on Thursday ended at Rs184.40 per piece down by Rs6.6 or 3.46% from its previous closing of Rs191 on the BSE.

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