Maruti Suzuki India Limited Discloses Shareholding Encumbrance Details in Asahi India Glass Limited for FY26
Maruti Suzuki India Limited filed a shareholding encumbrance disclosure for Asahi India Glass Limited on 3rd April 2026, covering the financial year ended 31st March 2026. The company holds 2,69,95,200 shares in Asahi India Glass Limited, representing 10.59% of its total share capital. No encumbrance was created, invoked, or released during the reporting period, leaving the entire promoter holding unencumbered. The filing was made in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

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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.
Historical Stock Returns for Asahi India Glass
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.66% | -0.68% | -2.82% | -11.15% | +14.82% | +174.61% |
Could Maruti Suzuki consider increasing its stake in Asahi India Glass Limited beyond the current 10.59%, given the strategic importance of automotive glass supply?
How might a potential consolidation or restructuring in India's automotive glass industry affect Maruti Suzuki's long-term investment strategy in Asahi India Glass?
What impact could Maruti Suzuki's transition toward electric vehicles have on its future demand requirements from Asahi India Glass and the overall promoter relationship?


































