Asahi India Glass Submits Q3FY26 Monitoring Agency Report for ₹1000 Crore QIP Proceeds Utilization
Published on: Jan. 30, 2026, 2:01 p.m. | Source: scanx.trade
Asahi India Glass Limited submitted its Q3FY26 monitoring agency report showing complete utilization of ₹1000.00 crore QIP proceeds raised in September 2025. The company deployed ₹691.25 crore for term loan repayments to multiple banks, ₹53.60 crore for general corporate purposes including vendor payments, and ₹3.79 crore for issue expenses during the quarter. CARE Ratings Limited, the monitoring agency, confirmed no deviations from stated objectives and full regulatory compliance.
