SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asahi India Glass informs about outcome of board meeting

27 Oct 2021 Evaluate
Asahi India Glass has informed that it enclosed the unaudited financial results of the Company for the second quarter and half year ended 30th September, 2021 as considered, approved and taken on record by the Board of Directors of the Company in its meeting held today, 27th October, 2021. Further, based on the assessment of the opportunities available, the Board approved a feasibility study of expansion opportunities for Asahi India Glass (AIS) over the next 3-4 years. Besides AIS is to undertake a detailed study for investments in setting up a greenfield project for a 3rd float glass plant, to be used mainly for internal consumption towards localisation of raw glass for auto & architectural processing; possibly, a greenfield expansion of a fourth float glass plant for external sale; one additional (total 2) greenfield solar (patterned) glass plant, in a minority partnership with Vishakha Group; and other adjacent & downstream value-added business expansions of AIS. The meeting of the Board of Directors commenced at 8:30 am and concluded at 11:00 am.

The above information is a part of company’s filings submitted to BSE.

Asahi India Glass Share Price

851.60 1.60 (0.19%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×