AIS Glass Solutions Limited acquired 93.48 stake in GX Glass Sales and Services Ltd from Asahi India Glass Limited (BSE:515030) on February 27, 2024. Nitin Mukhi of RBSA Advisory Pvt. Ltd. acted as a financial advisor to Asahi India Glass Limited (BSE:515030). As a part of related transaction AIS Glass Solutions Limited acquired AIS Adhesives, AIS Distribution Services and GX Glass Sales & Services for approximately INR 2.5 billion.

AIS Glass Solutions Limited completed the acquisition of 93.48 stake in GX Glass Sales and Services Ltd from Asahi India Glass Limited (BSE:515030) on February 27, 2024.