Asahi India Glass Limited has informed the Exchange about Sale or disposal

ASAHIINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+4.3%1-day move

₹785.25

prior close

₹814.00

base price

After-mkt

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AI summary

Asahi India Glass Limited (AIS) has completed the sale of the entire 34% stake held by its subsidiary, AIS Consumer Glass Solutions Limited (CG), in Under Par Sports Technologies Private Limited, a sports-tech company. The transaction, which was approved on 24 March 2026, was finalised on 30 March 2026. As a result, Under Par Sports Technologies has ceased to be an associate of CG and an indirect associate of AIS. The filing notes there is no change from the information already disclosed earlier in the prior intimation dated 24 March 2026. Under Par Sports Technologies is a non-core, indirect portfolio investment for AIS, whose main business is glass manufacturing.

Likely market impact

This is a minor portfolio-level divestment of a non-core, indirect associate in the sports-tech space and is unlikely to have any material impact on AIS's core glass business or its earnings. Shareholders should treat this as routine portfolio rationalisation with negligible effect on the stock.