Asahi India Glass Limited has announced a significant addition to its Board of Directors with the appointment of Mr. Takahiro Tokuda as Additional Independent Director. The appointment was approved by the company's Board of Directors through a resolution by circulation, based on the recommendation of the Nomination and Remuneration Committee.

Appointment Details

The key parameters of Mr. Tokuda's appointment are outlined below:

Professional Background

Mr. Takahiro Tokuda, aged 56 years, brings extensive corporate experience to the Board. He holds a bachelor's degree in agriculture from University of Tokyo, Japan, and has been associated with Mitsubishi Corporation, Japan since April 1992. Currently serving as Division C.O.O. of the Healthcare Division at Mitsubishi Corporation, he has accumulated over 30 years of valuable experience within the organization.

Key Leadership Roles

Throughout his career at Mitsubishi Corporation, Mr. Tokuda has held several important positions:

• Current Role: Division C.O.O., Healthcare Division, Mitsubishi Corporation
• Previous Positions: General Manager of Bio-Fine Chemicals Department
• Executive Role: Executive Vice President at Mitsubishi Corporation Life Sciences Ltd., a leading food ingredients manufacturer in Japan
• Board Experience: Served on boards of multiple companies across diverse industries and countries
• Current Directorship: Non-Executive Director on the Board of Deccan Fine Chemicals (India) Private Limited

Compliance and Independence

The company has confirmed that Mr. Tokuda meets all regulatory requirements for the appointment. He has provided his consent to the proposal and confirmed that he satisfies the criteria of 'Independence' under the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, he has not been debarred from holding the office as a Director by SEBI or any other regulatory authority.

The company has also verified that Mr. Tokuda is not related to any existing Director of Asahi India Glass Limited and is not disqualified from being appointed as Director under applicable regulations. This appointment reflects the company's commitment to strengthening its Board with experienced professionals who can contribute to its strategic growth and governance.

Asahi India Glass Limited has issued a clarification to BSE Limited regarding the significant increase in trading volumes of its securities across exchanges. The company responded to BSE's surveillance inquiry dated March 19, 2026, addressing concerns about the unusual volume activity.

Regulatory Compliance Confirmation

The company has confirmed full compliance with disclosure requirements under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Asahi India Glass stated that all material information affecting the company's operations and performance, including price-sensitive information, has been disclosed within the stipulated timeframes.

Volume Surge Attribution

The company has attributed the recent volume spike to increased intraday trading activity in its stocks, based on data available from stock exchanges. Asahi India Glass emphasized that no undisclosed price-sensitive information or pending corporate actions require disclosure to exchanges at this time.

Corporate Communication

The clarification was signed by Gopal Ganatra, Executive Director, General Counsel and Company Secretary, confirming the company's commitment to maintaining transparency with regulatory authorities. The response addresses BSE's specific concerns about potential undisclosed developments that could impact stock performance.

Company Position

Asahi India Glass has requested BSE to take the clarification on record, reaffirming its adherence to listing regulations and timely disclosure practices. The company maintains that the volume increase reflects market trading patterns rather than any material corporate developments requiring separate disclosure.