Asahi India Glass Limited has informed the Exchange about Diversification/Disinvestment

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

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.9+0.6-0.4+4.3+4.3+2.6+8.3+9.5+5.1+6.4+8.3+13.5+8.6

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AI summary

Asahi India Glass Limited 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 technology company. The transaction, which was approved and an agreement was executed on 24 March 2026, was completed on 30 March 2026. As a result, Under Par Sports Technologies has ceased to be an associate company of CG and an indirect associate of Asahi India Glass Limited. The financial terms and details of the transaction were disclosed in an earlier intimation dated 24 March 2026 (Annexure A) and remain unchanged.

Likely market impact

This is a non-core divestment that simplifies Asahi India Glass's corporate structure and removes a non-glass (sports tech) investment from its group. For shareholders, it is a routine portfolio rationalisation move with no impact on the company's main glass business operations.