Asahi India Glass Ltd
NSE: ASAHIINDIA BSE: 515030
₹864.55
(-1.67%)
Wed, 11 Mar 2026, 09:55 pm
Market Cap224.28B
PE Ratio70.66
Dividend0.23
Consumer Durables
Home Furnishings
24.5KCompany History
1985
- Asahi India Safety Glass Ltd was incorporated on 31st December.
- The Company's name was changed to Asahi India Safety Glass Ltd upon conversion into a Public Limited Company.
1987
- The Company proposed to install an additional furnace to increase production capacity.
- 9,87,601 shares were subscribed for by promoters, directors, etc, and 8,62,399 shares were issued at par.
- The balance 6,32,700 shares were offered to the public in April 1987.
1988
- 17,200 equity shares were forfeited, and 16,500 shares were reissued.
1989
- A new furnace was installed.
- The Company installed a printing line for production of glasses with black ceramic printing and heat-lite printing.
1991
- 500 shares forfeited in 1990-91 were reissued at par in 1991-92.
1992
- The Company undertook to implement a project to manufacture laminated safety windshields.
- 250 shares of Rs 10 each were allotted.
1996
- The Company successfully implemented the expansion of installed capacity in the laminated plant and tempered plant.
2000
- The Company's Rs 10-crore commercial paper programme was assigned an 'A1' rating, indicating highest safety.
2001
- The Company entered into a joint venture with Map Auto and made a trade investment in Map Auto Glasses.
- Asahi India Safety Glass Ltd made an offer to acquire up to 85,15,015 shares of Float Glass India Ltd at Rs 11 per share.
- The Board of Directors approved the allotment of 37,00,000 equity shares as fully paid-up Bonus shares.
2002
- Gautam Thapar was appointed as Additional Director of Asahi India Safety Glass.
2003
- The Board approved the re-appointment of Mr. P L Safaya as Whole Time Director.
- Mr. Yuji Hara resigned from the Board of Asahi India Glass Ltd.
- Floatglass India Ltd amalgamated with the Company.
- The Board approved the de-listing of equity shares of the Company from The Stock Exchange, Ahmedabad, The Calcutta Stock Exchange Association Ltd, and The Delhi Stock Exchange Association Ltd.
2004
- Asahi India Glass Limited's securities were delisted from Delhi Stock Exchange Association Ltd (DSE).
- Asahi India Glass was delisted from Delhi Stock Exchange.
2005
- The Company's second automotive glass plant at Chennai commenced commercial production.
- The Company set up AIS Glass Solutions Ltd to capture the value chain in architectural glass.
- Asahi India Glass gave a bonus in the ratio of 1:1.
2006
- The Company completed Phase II and III expansions at the Auto Glass Plant at Chennai.
- The Company set up two architectural processing facilities at the Auto Glass Plants at Chennai and Rewari.
2007
- Ms. Meenu Juneja was appointed as the Compliance Officer of the Company.
- AIS was rated the 'Best Indian Company in Glass and Ceramics Category' by Dun & Bradstreet.
2008
- AIS Auto Glass was conferred the prestigious Deming Application Prize 2007 by the Union of Japanese Scientists and Engineers (JUSE).
2010
- Mr. Masayuki Kamiya was appointed as Director of the Company.
- The Company received a Certificate of Appreciation.
- The Company received the Vendor Performance Award (Gold Category).
- Asahi India Glass Ltd received the Manufacturing Excellence Award.
2011
- The Company secured 2nd position in the International Convention of Quality Circle held in Hyderabad.
- The Company's Bawal plant received OHSAS 18001: 2007 certification from DNV.
- The Company received the TPM Excellence Award 2010 for the Bawal Plant.
2012
- The Company received the Manufacturing Excellence Award.
- The Company received the Best HR Initiatives Award.
- Mr. Gurvirendra Singh Talwar was appointed as Additional Director of the Company.
2013
- The Company approved the appointment of Mr. Masakzu Sakakida as Additional Director and Mr. Kenichi Ayukawa as a Director.
- The Company received the Zee Good Homes Award for best glass company.
- The Company was awarded Gold for Overall Performance from Maruti Suzuki India Limited.
- The Company received a Yield Improvement Certificate from Maruti Suzuki India Limited.
- The Company received a System Audit Rating - Shield from Maruti Suzuki India Limited.
2014
- Asahi India Glass Ltd showcased its range of high-performance uPVC doors and windows, AIS VUE, at ACETECH trade event in Delhi.
- Asahi India Glass Ltd brought Windshield Experts and Glasxperts under one roof in New Delhi.
- Mr. Masaru Omae was appointed as Director of the Company.
2015
- Asahi India Glass Ltd launched a new series under its Ecosense brand.
- Windshield Experts launched two new service centers in New Delhi.
- AIS VUE launched a Toll Free Customer Service and Helpline Number.
- Asahi India Glass Ltd launched a new website for its uPVC Doors and Windows brand AIS VUE.
- Asahi India Glass Ltd launched 5 new shades under its lacquered/back-painted range of glasses AIS Decor.
2017
- Asahi India Glass commenced operations at a new float glass manufacturing capacity factory unit in Raigad District.
2018
- Asahi India Glass Ltd launched a new shade under its SunShield range of glasses.
- Asahi India Glass Ltd launched a new Virtual Reality app to help choose the perfect glass.
- Asahi India Glass Ltd launched a new mobile application for the right glazing solution.
- Asahi India Glass Ltd launched Glass Villa, a one-of-its-kind living space in Goa.
2019
- AIS Glass Design Olympiad conducted a design contest for architectural and design students.
- AIS held 'AIS Masterclass' sessions across colleges in Mumbai.
- Asahi India Glass Ltd was recognized as India's leading integrated glass manufacturer.
2020
- AIS launched a first-of-its-kind augmented reality app in the glass industry.
2021
- Asahi India Glass Limited set up India's largest Solar Glass manufacturing plant at Mundra.
2022
- Asahi India Glass Ltd collaborated with Enormous Brands to launch a new campaign for AIS Windows.
2024
- The Company co-signed a Share Purchase Agreement with SPR Engenious Limited for TGPEL Precision Engineering Limited.
- The Company Board approved the purchase of 47.83% of AIS Adhesives Limited and 49.99% of AIS Distribution Services Limited from Map Auto Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800