Solid Stone Company Limited, originally incorporated as Solid Granites Private Limited in 1990, is a publicly traded company listed on the Bombay Stock Exchange. The company, which began operations in 1992, specializes in natural stones, building materials, and related business activities. In the fiscal year 2007-08, the company underwent significant restructuring through a merger with Granitexx Stones and Mosaics Private Limited. This merger transformed Solid Stone into the holding company of Granitexx UK Ltd. and Stone Source GB Ltd., enhancing its operational scope and market presence.
The merger also led to the issuance of 400,000 equity shares and the acquisition of a retail chain, contributing to increased profits and income. Subsequently, the company was rebranded from Solid Granites Limited to Solid Stone Company Limited in November 2007, reflecting its expanded business operations and strategic growth initiatives in the building materials sector.
