Asahi India Glass Limited — Board Meeting, 29-01-2025: Outcome of Board Meeting

The Board of Directors has approved the standalone and consolidated financial results for the quarter and half-year ended December 31, 2024. Key highlights include a revenue from operations of ₹1,054.22 crore for the quarter, with a net profit of ₹128.54 crore. The company plans to expand production capacities by establishing new greenfield plants and intends to raise up to ₹1,000 crore through various funding methods, pending shareholder approval. Additionally, the Board has authorized a committee to finalize the structure and terms of this fundraise, alongside facilitating a postal ballot for specific business matters, including the appointment of an Independent Director and increasing borrowing powers.