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Scheme of Arrangement. 17 February, 2026. Scheme of Arrangement amongst Asian Granito India Limited and Adicon Ceramica.

A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.

For the purposes of giving effect to the rights issue, the specific and detailed terms in relation. to the rights issue, including but not limited to the determination of the issue price, rights. determined by the Board and / or the Rights Issue Committee of the Board of Directors.

Existing holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company.

Litigation creates a contingent liability that is not in reported profit until it crystallises.