Asahi India Glass opens qualified institutional placement
ASAHIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Smallcap 250 and 1.4 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On 15 September 2025, the board's placement committee approved the preliminary placement document and opened bids from qualified institutional buyers for equity shares of Rs 1 each. The floor price is Rs 844.79 per share. The company may offer up to a 5 percent discount, with the final price due for approval on 18 September 2025.
The issue can bring in funds but may dilute existing shareholders. The final price and any discount are still pending.