ASAHIINDIANSEAsahi India Glass Limited· Auto AncillariesMediumNeutral
Announced Fri, 8 May · 12:12 IST

Maruti Suzuki India Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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ASAHIINDIA · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹842.20
prior close
₹838.65
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AI summary

Maruti Suzuki India Limited has submitted a disclosure confirming its shareholding in Asahi India Glass Limited. The filing reveals that Maruti Suzuki holds 2,69,95,200 shares representing 10.59% of the total share capital of Asahi India Glass. This disclosure is being made for the financial year ended 31st March 2026. The document appears to be a routine regulatory filing under SEBI's substantial acquisition regulations. The disclosure table shows NA values for encumbrance details, suggesting no pledge or encumbrance has been created, invoked, or released on these shares.

Likely market impact

The filing confirms Maruti Suzuki's 10.59% stake in Asahi India Glass as a promoter-level holding, indicating a stable significant investment. For Asahi India Glass shareholders, this reinforces the association with a major automotive manufacturer. No immediate impact on stock price is expected as this appears to be a routine disclosure.