Asahi India Glass Shareholders Approve Appointment of Mr. Takahiro Tokuda as Non-Executive Independent Director via Postal Ballot

Asahi India Glass Limited has successfully completed its postal ballot process, with shareholders approving the appointment of Mr. Takahiro Tokuda (DIN: 09544810) as Non-Executive Independent Director of the Company. The Special Resolution was passed on 9th May, 2026, following an e-voting window that remained open from 10th April, 2026 (09:00 A.M. IST) to 9th May, 2026 (05:00 P.M. IST). The record date for determining eligible shareholders was 3rd April, 2026, on which date the total number of shareholders stood at 66,254.

Postal Ballot Process and Compliance

The postal ballot was conducted in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as Section 110 and Section 108 of the Companies Act, 2013. The Company availed the services of Central Depository Services Limited (CDSL) as the e-voting platform, with voting facilitated through the designated website www.cdslindia.com . The Postal Ballot Notice, dated 30th March, 2026, was dispatched to members on 9th April, 2026, and an advertisement regarding the same was published on 10th April, 2026 in Business Standard (all editions) and Veer Arjun, New Delhi.

Only members holding shares as on the cut-off date of 3rd April, 2026 were entitled to vote on the resolution. The Company dispatched notices exclusively through electronic means to members whose email IDs were available with the Company and Depositories, and no physical notices were sent.

Voting Results: Special Resolution

The Special Resolution for the appointment of Mr. Takahiro Tokuda as Non-Executive Independent Director was passed with an overwhelming majority. The table below presents the category-wise voting details:

Category:	Shares Held	Votes Polled	% Votes Polled	Votes in Favour	Votes Against	% in Favour	% Against
Promoter & Promoter Group:	13,14,67,056	12,53,23,282	95.33%	12,53,23,282	0	100.00%	0.00%
Public – Institutions:	2,60,28,990	2,45,32,752	94.25%	1,58,84,958	86,47,794	64.75%	35.25%
Public – Non Institutions:	9,74,31,146	4,23,50,350	43.47%	4,23,50,193	157	100.00%	0.00%
Total:	25,49,27,192	19,22,06,384	75.40%	18,35,58,433	86,47,951	95.50%	4.50%

Summary of Votes Cast

The scrutinizer's report, prepared by Sanjeev Pandey, Partner at M/s. SSPK & CO., Company Secretaries, further summarised the voting outcome as follows:

Votes in Favour of the Resolution:

Metric:	Details
Number of Members Who Voted:	280
Number of Votes Cast:	18,35,58,433
% of Total Valid Votes Cast:	95.50%

Votes Against the Resolution:

Metric:	Details
Number of Members Who Voted:	67
Number of Votes Cast:	86,47,951
% of Total Valid Votes Cast:	4.50%

No invalid votes were recorded in the process.

Scrutinizer's Report and Declaration

The scrutinizer's report was submitted by Sanjeev Pandey (M.No. F10272, CP No. 17237) of SSPK & CO., Company Secretaries, New Delhi, on 12th May, 2026. The report confirmed that the Special Resolution was duly passed with the requisite majority. The voting results and the scrutinizer's report have been uploaded on the Company's website at www.aisglass.com and on the CDSL e-voting platform at www.evotingindia.com . The compliance filing was signed by Gopal Ganatra, Executive Director, General Counsel & Company Secretary (Membership No. F7090), on behalf of Asahi India Glass Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.23%	-3.16%	-6.31%	-15.95%	+9.80%	+169.63%

Maruti Suzuki India Limited has filed a disclosure with the National Stock Exchange of India Limited and BSE Limited on 3rd April 2026, providing details of shareholding encumbrance in Asahi India Glass Limited pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosure pertains to the financial year ended 31st March 2026 and was submitted by Sanjeev Grover, Executive Officer & Company Secretary of Maruti Suzuki India Limited.

Shareholding and Encumbrance Details

The filing outlines Maruti Suzuki India Limited's position as a promoter in Asahi India Glass Limited. As per the disclosure, no encumbrance — whether by way of pledge, lien, non-disposal undertaking, or any other form — was created, invoked, or released during the reporting period. The following table summarises the key details of the disclosure:

Parameter:	Details
Target Company:	Asahi India Glass Limited
Stock Exchanges Listed On:	National Stock Exchange of India Limited (NSE), BSE Limited (BSE)
Period of Reporting:	Financial year ended 31st March 2026
Promoter Reporting:	Maruti Suzuki India Limited
Promoter Shareholding (No. of Shares):	2,69,95,200
Promoter Shareholding (% of Total Share Capital):	10.59%
Promoter Shareholding (% w.r.t. Diluted Share Capital):	10.59%
Shares Already Encumbered:	NA
Type of Encumbrance Event:	NA
Post-Event Encumbered Shares (No.):	2,69,95,200
Post-Event Encumbered Shares (%):	10.59%

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, which mandates promoters and persons acting in concert (PACs) to disclose details of any encumbrance on shares held in a target company at the end of each financial year. The filing confirms that Maruti Suzuki India Limited's entire holding of 2,69,95,200 shares, constituting 10.59% of the total share capital of Asahi India Glass Limited, remains unencumbered as of 31st March 2026. The disclosure was filed from New Delhi and duly authenticated by the company's Executive Officer & Company Secretary.