Asahi India Glass Limited
Theleme India holds a 1.01% stake in Asahi India Glass after disclosing a holding of 25,67,688 shares, up from under 1% in the prior filing.
India's leading integrated glass solutions company, Asahi India Glass manufactures and supplies value-added glass products for the automotive and architectural segments. Established in 1984 as a joint venture between the Labroo family, Asahi Glass of Japan, and Maruti Udyog, the company operates as a dominant player across both sectors through vertically integrated operations, technical expertise, and a comprehensive product portfolio serving domestic and international markets.
India equity vehicle of Theleme Partners, a London-based concentrated hedge fund founded in 2009 by Patrick Degorce (founding partner of TCI under Chris Hohn, ex-Merrill Lynch and Lehman). Theleme runs around USD 2 bn in 13F securities across a high-conviction global long book that frequently includes large Indian positions.