Asahi India Glass Limited
SBI Mutual Fund's 1.05 percent stake in Asahi India Glass Limited is no longer listed in the latest shareholding filing, signaling either a complete exit or a reduction to just below the 1 percent reporting threshold.
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's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.