Asahi India Glass Limited has informed the Exchange that Record date for the purpose of Meeting is 03-Sep-2025.
ASAHIINDIA · price
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Awaiting price reaction for this filing.
Asahi India Glass reported Q1 FY26 (ended 30 June 2025) results with consolidated revenue from operations rising ~8.5% YoY to Rs. 1,22,874 lakhs, while standalone revenue grew ~7.6% to Rs. 1,14,383 lakhs. However, net profit fell sharply — standalone PAT dropped ~30% to Rs. 5,337 lakhs and consolidated PAT declined ~29% to Rs. 5,479 lakhs, mainly due to higher finance costs, power & fuel and depreciation expenses. The Board approved the 40th AGM on 10 September 2025 with a record date of 3 September 2025 and announced several changes: appointment of Mr. Kazuo Ninomiya (replacing retiring AGC nominee Mr. Masahiro Takeda), re-appointment of Ms. Sheetal Mehta as Independent Director, and appointment of Mr. Sundeep Kumar Parashar as Secretarial Auditor for FY26–FY30. The NCLT-approved merger of three subsidiaries into AIS Glass Solutions Limited (effective 1 July 2025) was also noted, with related restated financials to follow.
Mixed quarter — topline growth is healthy but a ~30% YoY profit decline may weigh on near-term sentiment. The board-level changes and subsidiary merger are routine and unlikely to move the stock, though investors should watch margin recovery in coming quarters.