Quarterly Updates30 Jan 2026, 01:40 pm
Asahi India Glass Ltd Utilizes Rs. 748.64 Crores in Q3FY26 for Repayment of Loans and Other Expenses
AI Summary
Asahi India Glass Ltd, a Consumer Durables company in the Automotive, Architectural and Consumer Glass sector, has utilized Rs. 691.25 crores, Rs. 53.60 crores and Rs. 3.79 crore towards repayment of bank term loans, WCDL repayment for GCP and payment of issue expenses respectively during the quarter ended December 31, 2025. The total utilization does not exceed 25% of the issue proceeds. The company had projected expenses of Rs. 8.10 crore for the issue, but as of December 31, 2025, the expenses incurred were Rs. 4.40 crores. The remaining Rs. 3.70 crore has been utilized as GCP during the quarter ended December 31, 2025.
Key Highlights
- Asahi India Glass Ltd utilized Rs. 691.25 crores, Rs. 53.60 crores and Rs. 3.79 crore towards repayment of bank term loans, WCDL repayment for GCP and payment of issue expenses respectively.
- The total utilization does not exceed 25% of the issue proceeds.
- The company had projected expenses of Rs. 8.10 crore for the issue, but as of December 31, 2025, the expenses incurred were Rs. 4.40 crores.
- The remaining Rs. 3.70 crore has been utilized as GCP during the quarter ended December 31, 2025.
- The monitoring agency, Care Ratings Limited, has reported no material deviations or unfavorable events affecting the viability of these objects.