Joint Ventures30 March 2026 at 11:31 am
Asahi India Glass Ltd Completes Sale of Stake in Under Par Sports Technologies
AI Summary
Asahi India Glass Ltd has completed the sale of the entire 34% stake held by its subsidiary, AIS Consumer Glass Solutions Limited, in Under Par Sports Technologies Private Limited. This sale was approved and executed on 24th March 2026. As a result, Under Par Sports Technologies is no longer an Associate Company of AIS Consumer Glass Solutions Limited or an Indirect Associate of Asahi India Glass Ltd. This development does not affect any previous disclosures or information provided by the company.
Key Highlights
- Asahi India Glass Ltd has sold its entire 34% stake in Under Par Sports Technologies
- The sale was executed by AIS Consumer Glass Solutions Limited, a subsidiary of Asahi India Glass Ltd
- Under Par Sports Technologies was an Associate Company of AIS Consumer Glass Solutions Limited and an Indirect Associate of Asahi India Glass Ltd
- The sale has been completed as of 30th March 2026
- There is no change in the previously disclosed information