Asahi India Glass Limited — JV/Acquisition, 02-05-2025: Acquisition

Asahi India Glass Ltd. has announced a board meeting on investing ₹46.62 lakh for a 26% stake in Boond Solar SPV Pvt. Ltd., a new renewable energy firm specializing in rooftop and ground-mounted solar projects. This move aligns with Asahi’s push for clean energy and cost-efficient captive power, enhancing sustainability credentials. Boond Solar’s pan-India footprint helps Asahi enter renewable energy infrastructure, with no immediate financial impact expected on standalone numbers.