Asahi India Glass Limited has informed the Exchange regarding convening of 40th Annual General Meeting ( AGM ) of the Company on Wednesday, 10th September, 2025 through Video Conferencing ( VC ) / Other Audio Visual Means ( OAVM ), and closure of Register of Members and Share Transfer Books of the Company from 4th September, 2025 to 10th September, 2025 (both days inclusive) for the purpose of Annual General Meeting and Dividend'.
ASAHIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Asahi India Glass reported Q1 FY26 standalone revenue of Rs. 1,14,383 lakhs, up about 7.6% from Rs. 1,06,286 lakhs a year ago, but net profit fell roughly 30% to Rs. 5,337 lakhs (from Rs. 7,646 lakhs) as finance costs nearly doubled to Rs. 5,773 lakhs. Consolidated net profit also dropped to Rs. 5,479 lakhs from Rs. 7,669 lakhs, with EPS at Rs. 2.31 versus Rs. 3.21. The Board fixed the 40th AGM for September 10, 2025 via video conferencing, with the register of members and share transfer books closed from September 4 to 10, 2025, also for the purpose of dividend. Mr. Masahiro Takeda resigned as Non-Executive Director upon retirement from parent AGC Inc., Japan, and Mr. Kazuo Ninomiya has been appointed in his place from August 1, 2025. Additionally, Ms. Sheetal Mehta was re-appointed as Independent Director for a second five-year term, and Mr. Sundeep Kumar Parashar was named Secretarial Auditor for FY26–FY30. The NCLT-approved merger of three subsidiaries into AIS Glass Solutions Limited has become effective from July 1, 2025.
Mixed near-term read: revenue growth is healthy but sharply higher finance costs have hit profitability, which may worry investors focused on margins. The AGM notice and book closure confirm a dividend is on the table, though the amount is yet to be disclosed. Director and governance changes are routine and unlikely to move the stock.