Asahi India Glass closes QIP, allots shares

Asahi India Glass Limited's LTP Committee met on September 18, 2025, to approve the closure of its Qualified Institutions Placement (QIP) that opened on September 15, 2025. The committee approved the allocation of 1,18,37,261 equity shares at an issue price of ₹844.79 per equity share, including a premium of ₹843.79, in compliance with SEBI ICDR Regulations.

The committee also adopted the Placement Document dated September 18, 2025, and approved the finalization of the Confirmation of Allocation Note (CAN) for eligible qualified institutional buyers. Additionally, the issuance of refund intimation letters for bidders entitled to a refund was approved.

The company filed the Placement Document with the relevant offices on the same day.