New shares are seen in my sharekhan demat account. But I didn’t get a confirmation email. I too wanted to ask this here yesterday.

The below article explains nicely everything about the share swap but it assumes 200 per share as deemed dividend. The last trading price of dvr share was 768. Dividend of 200 is 26%, this is insane.

Even , I want to apply through internet banking only. But I am using DBS Bank, which don’t have that facility in internet banking. That’s why applying through physical form

There is a problem with ICICI Direct because I still haven’t received the shares in my demat account, and Tata Motor DVR is still showing in my demat account. Can someone help me?

You may like to go through FAQ doc posted above

1. Overview: Asian Granito Ltd (AGL) is the 4th largest listed ceramic tile company in India. With the ongoing development in India and neighboring countries, the company’s market capitalization has strong growth potential.

2. Joint Venture in Nepal: AGL has recently entered into a joint venture with individuals in Nepal to incorporate Nepovit Ceramic Pvt Ltd for tile manufacturing, expanding its regional footprint.

3. Increased Foreign Investment: There has been a significant increase in FII stakes in AGL over a single quarter, reflecting growing confidence in the company.

4. Revenue Breakdown (FY24): AGL’s revenue is split between exports (15%) and domestic sales (85%).

5. Financial Concerns: Despite the positive growth indicators, the company’s Price-to-Earnings (P/E) ratio is not currently displayed, and its Operating Profit Margin (OPM) and Profit After Tax (PAT) have been negative since the June 2022 quarter.

6. Outlook: While there are risks given the company’s recent financial performance, AGL has potential for significant returns, especially if the market conditions favor its expansion efforts.