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Asahi India Glass Ltd. (AIS) is India’s leading value-added and integrated glass solutions company and a dominant player both in the automotive and architectural glass segments. Established in 1984, It was formed as a Joint Venture between The Labroo Family, Asahi Glass Co. of Japan and Maruti Udyog Ltd (now Maruti Suzuki India Ltd).
Asahi India Glass (AIS) experienced a partial chimney breakdown at its Soniyana float glass plant due to a squall. No injuries or supply risks. Key equipment remains functional. Damage is insurance covered, and no impact on production/operations is expected.
AIS's subsidiary completed the sale of its entire 34% stake in Under Par Sports Technologies. Consequently, Under Par Sports is no longer an indirect associate of AIS, marking a change in the company's indirect holdings.
AIS's subsidiary, AIS Consumer Glass Solutions, completed the sale of its entire 34% stake in Under Par Sports Technologies Private Limited. This transaction means Under Par Sports is no longer an associate company of AIS.
Asahi India Glass (AISGL) has opened a special 6-month window for re-lodging physical share transfer requests. This applies to deeds lodged prior to April 1, 2019, which were previously rejected or unprocessed due to deficiencies. Shares re-lodged during this period will be processed for transfer and issued only in dematerialized...
Asahi India Glass (AISG) received fines of Rs. 11,800 each from BSE and NSE due to a one-day delay in prior intimation for dividend approval. The company's Board discussed the matter, noting the delay was inadvertent and unintentional. AISG emphasized its adherence to high corporate governance standards. The company has...